Why Is United Parcel Service Upping The Ante In China?

Seeking Alpha
12, 2014

America's largest parcel delivery company United Parcel Service (NYSE:UPS) earns the lion's share of its total revenue from domestic operations. Now, the company's keen on widening its international reach, particularly in the emerging markets. With rising per capita income leading to higher discretionary spending among the middle-class population, emerging economies are offering huge growth potential to courier companies. Over the last decade, UPS has tried to make its presence felt in China, Poland, and Turkey.

UPS has been in China for more than two decades, gradually expanding its operations, but in 2009, after China put restrictions on foreign courier companies asking for license renewals, expansion came to a standstill. Good news is that the nation has issued licenses allowing foreign courier companies to expand operations regionally. As prospects in the Mainland are encouraging, can the Atlanta-based giant capitalize on the same, and contest home-grown companies that have become stronger during this period?

Click here to read more at Seeking Alpha.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

How TDU Wins Legal Rights for Teamsters

One member, working closely with the TDU Staff, has shown how Teamsters can enforce their rights, beat retaliation, and stand up for a stronger union.

Update: Status of Implementation of UPS National Contract

On April 28, Local 243 will conduct a vote in-person on the Metro Detroit UPS Rider. Since this is the only unratified (or unimposed) rider or supplement remaining, a ratification here would lead to implementation of the national agreement and all supplements.

View More News Posts