Atlanta, GA
- Following the recent launch in the U.S., Canada, China, Hong Kong, and the UK, UPS® Worldwide Economy export product now also available for customers in Germany, France and the Netherlands – with more markets to follow.
- Cost-effective cross-border shipping service designed to provide small and medium-sized businesses flexibility, visibility and affordability.
UPS (NYSE:UPS) announced today that it is expanding its UPS® Worldwide Economy service in Europe. Following its July 2019 launch in the U.S., Canada, China, Hong Kong, and the UK, the service is now also available to customers in Germany, France and the Netherlands, with more markets to follow. This service offers businesses an economical and efficient shipping option to reach customers in key e-commerce destinations worldwide.
“The expansion of our UPS Worldwide Economy service to some of Europe’s largest e-commerce markets is part of our ongoing commitment to offer small businesses access to the same reliable, high-quality services as our larger customers,” said Nando Cesarone, president of UPS International. “We know global cross-border online sales are projected to make up 20 percent of e-commerce in 2022. As B2C and B2B cross-border trade keeps expanding, UPS will continue to provide flexibility, visibility and affordability. This UPS Worldwide Economy service gives micro-multinationals a better shot at seizing further international growth opportunities.”
“Our customers are increasingly turning toward exporting as a way of growing their businesses,” said Abhijit Saha, vice-president of marketing, UPS Europe. “The amazing growth of e-commerce has been a game changer for small and medium businesses looking to expand. Our research shows that 68% of online shoppers buy internationally, so it’s no surprise that cross-border e-commerce is expected to grow twice as fast as domestic e-commerce. Our UPS Worldwide Economy service meets growing demand for low-weight, small size, cross-border shipments. We see this as an affordable solution for companies to take their e-commerce services to new markets around the world.”
According to the European Commission, EU countries exported goods worth nearly €2 trillion to the rest of the world in 2018. Exporting opens doors to new customers, and helps businesses diversify revenue to offset economic shifts. UPS Worldwide Economy benefits businesses in the B2C and B2B space that are looking to export to key e-commerce destinations across the world, but have been waiting for a more affordable way to ship internationally.
“By combining competitive rates with the same pick up service and UPS’s smart global logistics network, we’re making the ‘first mile’ of international shipping easier and more economical, helping even our smallest customers compete like micro-multinationals,” added Saha.
First launched in July 2019, UPS Worldwide Economy offers customers more flexibility by allowing them to choose between shipping with delivery duties paid or unpaid, combined with reassuring levels of visibility and tracking of delivery milestones via UPS.com, as well as the convenience and reliability of access to UPS’s global logistics network.
For more information on UPS Worldwide Economy, click here
About UPS
UPS (NYSE: UPS), one of the world’s largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to being a steward of the environment and positively contributing to the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equity and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com.