Trademagazin > News and articles > Company and Personal News > UPS: the e-commerce will drive the mail order market
UPS: the e-commerce will drive the mail order market
The UPS expects further significant expansion on the logistics market, primarily due to the boom in online shopping.
Iulia Nartea, Head of UPS’s small package and freight business told MTI in an interview, that they started the capacity expansion several years ago in order to serve the needs arising from the online trade. As part of the expansion project the company expanded the American company’s European base in Cologne from 200 million USD where they increased sorting capacity to 190 thousand per hour. (MTI)
Related news
More related news >
Related news
Primark is preparing for a major innovation
Primark, the international fashion department store, will open its first…
Read more >The quarterly revenue of luxury goods manufacturer Hermés increased by 17 percent
In the first quarter of this year, the revenue of…
Read more >Magyar Posta dissociates itself from the responsibility of checking the contents of “spoofed packages”
Magyar Posta distances itself from responsibility for checking the content…
Read more >