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UPS on the Move.

United Parcel Service (UPS) is investing heavily in Miami to expand Latin American operations--and the effort seems to be paying off.

In the first six months of 2001, UPS freight volume at Miami International Airport totaled 101,433 tons, a 135% increase from the same period in 2000. Now the company is betting its new small package processing center, part of a wider US$30 million expansion at Miami International Airport, will boost its bottom line.

"Our small package volume in Argentina was up 45% this year and in Chile it was up 30%:" says UPS spokesperson Claudia Bailly.

The new Americas hub in Miami follows UPS'S acquisition of Miami-based Challenge Air Cargo in late 2000. "We will continue to forge South Florida's presence as the gateway to the Americas:" says Bailly.
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Publication:Latin Trade
Date:Nov 1, 2001
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