UPS

The world’s largest courier, UPS, has submitted plans to build a two-million-square-foot distribution centre at the DP World London Gateway Logistics Park.

The challenges faced by industrial distributors are many, but they’re surmountable if companies are willing to re-examine how best to serve their customers’ needs today and tomorrow.

UPS, which is acquiring Coyote Logistics from private-equity firm Warburg Pincus LLC, said todaythat the acquisition should create $100 million to $150 million in annual operating synergies and start adding to earnings in 2016.

Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.

The agreements with three leading suppliers of renewable fuels, secure access to an advanced renewable diesel fuel in order to meet the company’s objectives for alternative fuel utilization.

UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.

United Parcel Service Inc.’s second-quarter profit skyrocketed after getting a lift from its international and supply chain and freight divisions, with the Atlanta-based package shipper’s revenue dipping 1.2 percent to $14.1 billion. but profits spiked 171 percent to $1.23 billion.

Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.

In an effort to gain momentum before the Paris climate talks this December, the Obama Administration has rallied some of the largest companies in the nation to commit billions of dollars to slash their environmental footprints to help combat climate change.

A deal between Coyote and UPS would be the third-largest logistics deal this year, as the industry goes through a wave of consolidation amid rising consumer demand.

This service, which functions as an express freight service geared towards urgent, time-sensitive, and high-value international shipments, was initially launched by Big Brown in January 2013.

Deal Expands International Security and Protection for High-Value Parcel Shippers.

Transportation and logistics bellwether UPS said this week it has expanded its UPS Preferred multimodal freight services portfolio with the introduction of a less-than-container load (LCL) option for China-to-Europe rail shipments.

Scott Williams, Manager, Global Forwarding Marketing, UPS talks about the shift in manufacturing from coastal China to inland China and on to Southeast Asian countries like Vietnam and why they are likely to be one of the more impactful trends.

Industrial buying dynamics study, evolution of the distributor value proposition, highlights the growth of direct-from-manufacturer purchasing, B2B e-commerce, and a Millennial workforce.