The company said its new organization would offer customers the combined services of UPS Logistics Group, UPS Freight Services (including Fritz), UPS Capital, UPS Consulting and UPS Mail Innovations. Together, these companies provide supply chain design and management, freight forwarding, customs brokerage, mail services, multi-modal transportation, consulting and financial services.
"The combined resources will allow customers to tap our global physical and technology infrastructure for broader, deeper solutions across the supply chain," said Joe Pyne, UPS senior vp and head of Supply Chain Solutions.
The creation of UPS Supply Chain Solutions follows several years of strategic acquisitions and geographic expansion to aggressively enter the supply chain management marketplace. Combined, UPS's supply chain subsidiaries provide more than $2 billion in annual revenue and operate in more than 120 countries.