UPS Acquires Trans-Border Customs Services; Will Offer Brokerage to All Shippers and Modes of Transportation from Canada to the United States.LOUISVILLE, KY--(BUSINESS WIRE)--Oct. 21, 1999-- UPS today announced plans to acquire Trans-Border Customs Services, Inc., a leading provider of full-range brokerage services specializing in Canada-to-U.S. trade. The agreement expands UPS's services along the northern border, allowing it to provide customs clearance for all cross-border shipments, regardless of carrier or mode of transportation. Since 1994, UPS has provided full service brokerage for all northbound north·bound adj. Going toward the north. northbound Adjective going towards the north Adj. 1. shipments into Canada. Headquartered in Champlain, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Trans-Border operates more than 25 offices stretching from Michigan to the Eastern seaboard. In addition to handling the customs documentation and duties required to transport deliveries across the border, the company also offers warehousing and logistics solutions. Trans-border will now become part of UPS Customhouse cus·tom·house also cus·toms·house n. A governmental building or office where customs are collected and ships are cleared for entering or leaving the country. Noun 1. Brokerage, one of the five largest customs brokers Customs Broker An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities. in the world, operating in 15 U.S. cities and 31 countries worldwide. "We are proud to be associated with a company that brings experience, a strong customer base and a variety of services to the table," said Phil Hughes “Philip Hughes” redirects here. For other people named Philip Hughes, see Philip Hughes (disambiguation). Philip J. "Phil" Hughes (born June 24, 1986 in Mission Viejo, California) is a professional baseball right-handed starting pitcher, who was the first-round pick , vice president of UPS Customhouse Brokerage. "This makes UPS a one-stop-shop for the U.S.-Canada trade community." The Trans-Border acquisition broadens UPS's geographic scope, enhances its portfolio of services and provides UPS the additional resources needed to expedite cross-border shipments. UPS's new, full service offerings allow it to build on its established small shipment business, and expand to accommodate large truck, air, rail and ocean freight. Both Canadian and U.S. companies can now concentrate on their core businesses and turn to UPS for complete shipping solutions. "Our agreement with Trans-Border shows UPS's commitment to enabling global commerce," said UPS Senior Vice President Tom Weidemeyer. "We are able to seamlessly move a complete range of products, manage the customs process and even handle logistics for any company engaged in trade across the Canadian border." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the United States Department of Commerce The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. It was originally created as the United States Department of Commerce and Labor on February 14, 1903. , trade between the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada runs more than $1 billion a day. Cross-border trade is valued at more than $205 billion through July 1999, and the figure is expected to double by the end of the year. "This is a win-win for all involved," said Arthur Spiegel, Trans-Border's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With UPS's 92-year history of success in the transportation industry, we are proud that they have chosen us as the base of this expansion." UPS maintains the largest in-house customs brokerage operation in the express industry, with 2,800 employees worldwide. UPS Customhouse Brokerage was established in 1985 to support UPS's global transportation network. UPS is the world's largest express carrier and package delivery company, serving more than 200 countries and territories around the world. UPS was chosen in a recent Fortune magazine survey as "The World's Most Admired Company" in the mail, package and freight industry. Headquartered in Atlanta, Ga., the company resides on the Web at http://www.ups.com. |
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