UPS beefs up trade services with Sandler & Travis buy
05 / 12 / 2017
UPS has acquired Sandler & Travis Trade Advisory Services (STTAS).
Described by the logistics firm as the world’s largest independent provider of global trade management services, SSTAS is US-based but almost 70% of its employees work outside of the US, in locations including Shanghai, Bengaluru, Aberdeen, Warsaw, Mexico City, Buenos Aires, and São Paulo, which will complement UPS Trade Management Services’ existing global operations in Hefei, Wroclaw, and Singapore.
Its 750 staff help clients comply with rules, regulations and laws covering international trade in Asia, Europe, the Middle East and North and South America.
STTAS also provides a trade management technology platform that UPS will continue to build upon over time.
President of UPS International Jim Barber said: “We can now offer a wider portfolio of services. Combining SSTAS with our existing UPS Trade Management Services provides customers with an even more powerful set of solutions designed to maximize their trade investments and minimise complexity, time and cost throughout their international trade operations.”
Earlier this year, UPS acquired Zone Solutions, which specialises in Foreign Trade Zone (FTZ) services, offering expertise in navigating all aspects of FTZ operations, providing managed services, systems implementation and consulting.
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