Mexico City
Mexico City

United Parcel Service (UPS) has expanded its preferred less-than-container load (LCL) expedited ocean freight service to include the Asia-Mexico trade lanes.

The service is now available to shipments from Asia to three destinations in Mexico—Monterrey, Mexico City, and Guadalajara.

The preferred LCL service provides up to 20 percent faster port-to-door delivery for LCL shipments while delivering the economic advantages of ocean freight, said the company.

The service also provides product visibility technologies to give shippers more control of their inbound supply chain operations.

Global advisory firm Seabury Group forecasts growing trade between Asia and Mexico, with ocean lane imports from the latter estimated to increase at a compound annual growth rate of 12.1 percent through 2016, compared to 6.5 percent growth projection globally, UPS said.

“We continue to see retail, industrial, and automotive companies looking for additional freight transportation options, allowing them to increase their speed to market without dramatically increasing their transportation costs and without having to sacrifice product visibility,” said Keith Andrey, vice president of UPS ocean freight services.

UPS already provides preferred LCL service from 27 Asian ports to the United States and Canada.

Meanwhile, the U.S.-based package delivery service, the world’s biggest, announced it will release its third-quarter results on October 25, 2013.

 

Photo: chucka_nc

You May Also Like

Singapore economy forecast to grow a modest 2%-4%

Singapore’s Ministry of Trade and Industry (MTI) reiterated that the city state is keeping to its GDP growth forecast for 2015. In an official…

Agility opens logistics branch in east Malaysia

Global logistics provider Agility has opened a new branch office in Kuching, east Malaysia, to serve the multinational technology companies opening and expanding manufacturing…

PH Customs revives Post-Clearance Audit Group

The Philippine Bureau of Customs (BOC) has formally reactivated its Post Clearance Audit Group (PCAG) to scrutinize and validate the customs records of importers…

HMM eyes purchase of 22,000-TEU ships

South Korean carrier Hyundai Merchant Marine (HMM) has unveiled plans to order 22,000-TEU container ships. HMM president and CEO C.K. Yoo bared during the…