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The company already operates in 175 different countries and territories and the company is further expanding logistics capabilities to become more integrated as a supply chain partner. Therefore, UPS basically has two options to continue its remarkable growth. It can continue developing foreign markets or it can expand horizontally and offer clients more comprehensive services (UPS, N.d.). The company has been following both growth strategies simultaneously.
There are many challenges that lie ahead for all global shipment companies. The most formidable challenge will be in the way of rising fuel costs. This affects both the UPS ground deliveries as well as their air shipments. There has also been some speculation that there will be some international protectionist policies implemented in the...
However, at this point such claims are purely speculation. Yet the trade imbalance could be the subject of future regulations that could indirectly affect UPS and their global shipping capabilities.
Works Cited
Keane, a. (2013, May 14). Postal Service urged to weigh contracting operations. Retrieved from Daily Bulletin: http://www.dailybulletin.com/breakingnews/ci_22791327/postal-service-urged-weigh-contracting-operations
UPS. (N.d.). Corporate Profile. Retrieved from Investor Relations: http://www.investors.ups.com/phoenix.zhtml?c=62900&p=irol-homeprofile
Wikinvest. (2013, March 14). United Parcel Service. Retrieved from Wikinvest: http://www.wikinvest.com/stock/United_Parcel_Service_(UPS)
Works Cited
Keane, a. (2013, May 14). Postal Service urged to weigh contracting operations. Retrieved from Daily Bulletin: http://www.dailybulletin.com/breakingnews/ci_22791327/postal-service-urged-weigh-contracting-operations
UPS. (N.d.). Corporate Profile. Retrieved from Investor Relations: http://www.investors.ups.com/phoenix.zhtml?c=62900&p=irol-homeprofile
Wikinvest. (2013, March 14). United Parcel Service. Retrieved from Wikinvest: http://www.wikinvest.com/stock/United_Parcel_Service_(UPS)
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