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UPS (NYSE: UPS) today announced the purchase of Freightex, a U.K.-based asset-light provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services. The acquisition immediately establishes UPS’s presence in the growing U.K. and European third-party logistics (3PL) over-the-road brokerage transportation market and launches a new global and regional UPS growth platform from an established base of customers and carriers.
This year’s record ecommerce sales are driving another record that will help usher in the New Year. National Returns Day, when the most UPS returns packages are sent back to retailers, will reach a new peak on Thursday, January 5, according to UPS (NYSE:UPS).
Three charities to benefit from annual Wishes Delivered campaign
UPS (NYSE: UPS) has launched the annual Wishes Delivered campaign, created to spread goodwill and share stories of people making a difference. This year, UPS employees were asked to submit their wishes for the people and communities where UPSers work and live every day.
As part of Europe's Community Customs Code, new security procedures known as the Import Control System (ICS) went into effect on January 1, 2011.
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