UPS Acquires UK Solutions Provider

UPS (NYSE: UPS) today announced it has completed the purchase of U.K.-based Polar Speed, an innovative provider of temperature-sensitive pharmaceutical supply chain solutions in the U.K. The acquisition further strengthens UPS’s healthcare network across Europe, providing healthcare companies access to a single source for logistics solutions across the continent. The purchase is part of UPS’s…

UPS Partners With Manufacturing Group

Freight services and logistics provider UPS has formed a partnership with The Association For Manufacturing Technology (AMT). UPS will now be recognized as an official “Global Logistics Provider to IMTS and AMT.” AMT members and exhibitors at the International Manufacturing Technology Show (IMTS) will benefit by harnessing the power of UPS’s infrastructure to enhance manufacturing…

Where Does EMS Head Next?

The logic behind the concept made enormous sense when OEMs first began focusing on core competencies decades ago. Manufacturing became the main function of specialized contractors such as Flextronics, Solectron, Sanmina, Jabil, Celestica and others while OEMs like IBM Corp., instead of investing in manufacturing plants, concentrated on developing technology, leaving the assembly to the…

UPS Service Market Flat in 2012

Although market growth for service on uninterruptible power supplies (UPS) was flat in 2012, revenue in the first quarter of 2013 increased by 5 percent from the same period last year, suggesting the market may be strengthening, according to a new report from IMS Research, now part of IHS (NYSE: IHS). UPS service revenues can…