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Logistics

UPS’ advanced facility in Paris operational, likely to benefit India

July 2, 2018: UPS has opened a new 30,000-square-meter, advanced technology package sorting and delivery hub outside Paris in Corbeil-Essonnes/Évry recently. The new Paris Hub facility, which employs nearly 1000 people, facilitates cross-border trade and enhances package delivery service in theÎle-de-France area.

UPS announces additional investment in India with full ownership of express services
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UPS announces additional investment in India with full ownership of express services

July 2, 2018: UPS has opened a new 30,000-square-meter, advanced technology package sorting and delivery hub outside Paris in Corbeil-Essonnes/Évry recently. The new Paris Hub facility, which employs nearly 1000 people, facilitates cross-border trade and enhances package delivery service in theÎle-de-France area.

“This $100 million advanced technology facility spans four soccer fields. And it’s the single biggest investment UPS has ever made in France,” said Nando Cesarone, president of UPS International. The building is equipped with advanced technology, automated sorting equipment and has the potential to sort up to 37,000 packages per hour, which is more than twice the capacity of the two facilities in Chilly-Mazarin and Savigny that it replaces.

The new $100 million facility is a part of the company’s multi-year, $2 billion European investment plan, which aims to modernise and expand the UPS network across the continent. Better connecting France to UPS’ enhanced European network offers customers in Asia Pacific, Latin America and the Indian Sub-continent, Middle East and Africa (ISMEA) regions attractive access to European markets.

Meanwhile, the facility is also likely to high growth economy such as India, believes UPS. "Transcontinental trade and trade across borders are predicted to grow faster than global gross domestic production for the foreseeable future. Europe is a key market for a high growth economy such as India. With more than 1,000 French companies across a wide range of sectors are working in India, French-Indian trade represents about €14 billion. Supporting such trade potential requires high end infrastructure driven by technology and a smart global logistics network,” said Rami Suleiman, ISMEA President for UPS. “UPS’s advanced technology Paris Hub will contribute to enhance its European network and will help make smarter and efficient connections for Indian businesses to Europe,” added Suleiman.

As part of its transformation strategy, UPS is prioritising resources and directing investment for the greatest strategic benefit and long-term shareholder return.


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