UPS issues renminbi commercial paper to fund its China projects

United Parcel Service (UPS) has executed a commercial paper transaction denominated in the offshore renminbi currency to fund its projects in China. The issuance,…

Canavan named new president of UPS Asia-Pacific

Atlanta-based United Parcel Service has appointed Brendan Canavan, a 31-year UPS veteran, as president of the logistics giant’s Asia-Pacific division. Canavan is replacing Derek…