United Parcel Service, Inc. (NYSE:UPS) Rapidly Expanding Its Empire In Europe

1030

Dallas, Texas 07/13/2015 (Financialstrend) – United Parcel Service, Inc. (NYSE:UPS) has moved to expand its business empire in Poland with the opening of its new Global business Services in the city of Lodz. The new investment package should result in 130 additional jobs expected to bolster the city’s economy.

Expected Improvements

The new investment highlights United Parcel Service, Inc. (NYSE:UPS)’s commitment to expanding beyond the US market.  The new facility in Lodz provides the company with an opportunity to improve its efficiency as well as administrative operations across the continent. The facility is also expected to play a role in the standardization of processes in the region leading to improved quality of service.

The GBS division offers international services including, information services as well as customer service and accounting.  Opened in 2006, the center currently employs more than 600 people with more job opportunities in the pipeline as part of the expansion plan.

International Expansion

International expansion plans have seen the company open a new 4,000 square meter facility in Heerenveen Netherlands. The new facility is for package sorting and set to employ up to 170 staff. The facility is set to provide reliable logistics and transport services to customers in the city and other nearby provinces.

The opening of the new facility is part of an ongoing investment push that has seen United Parcel Service, Inc. (NYSE:UPS) double its package sorting capacity to 5,000 an hour at the Tilburg facility. The company has also added 8,500 worth of warehouse space in two of its facilities in Venlo.

New Electric Bike

The company is currently testing an electrically supported cargo bike in Basel Switzerland expected to replace four wheel cars in the business of delivering goods and parcels. The tricycle under testing can carry loads of up to 331 pounds as United Parcel Service, Inc. (NYSE:UPS) continues to investigate its economic and ecological viability.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.