United Parcel Service : UPS Commends U.S., Canada And Mexico For Lifting Tariffs And Moving Closer To Approval Of A Modernized USMCA
May 22, 2019 at 03:58 pm EDT
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UPS Commends U.S., Canada And Mexico For Lifting Tariffs And Moving Closer To Approval Of A Modernized USMCA
US 05/22/19
Washington, DC
UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, applauds the United States, Canada and Mexico governments for reaching consensus on removing steel and aluminum tariffs.
'Now that the tariffs have been lifted, the US-Mexico-Canada Agreement (USMCA), which will modernize North American free trade and bring it into the 21st-century via updated rules, can move forward with new momentum,' said Laura Lane, President of UPS Global Public Affairs. 'The pact will be great for America and our allies by improving customs regulations, spurring the growth of e-commerce and supporting the participation of more small businesses in regional and global supply chains.'
UPS urges the three countries to work diligently and quickly through their respective ratification processes.
UPS has been a vocal supporter of trade. Logistics, freight and supply chain services, as provided by UPS, are key enablers of e-commerce growth. At any given time, our package cars, trailers, ocean containers, and planes are carrying approximately 6% of U.S. GDP and 3% of global GDP in more than 220 countries and territories around the world.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America's Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company's sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter.
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UPS - United Parcel Service Inc. published this content on 22 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2019 19:57:12 UTC
United Parcel Service, Inc. is the worldwide leader in package transportation. The group also offers logistical services. Net sales break down by activity as follows:
- express delivery and transportation in the United States (64%): transportation of letters and documents, small package delivery, etc.;
- express delivery and transportation (19.6%);
- logistical and transportation services (16.4%).
At the end of 2022, United Parcel Service, Inc. operated a fleet of 586 aircraft and approximately 125,000 vehicles (cars, vans, tractor-trailers, etc.).
77.8% of net sales are generated in the United States.
UNITED PARCEL SERVICE INC. 
