Ford Motor Company Extends Logistics Contract with UPS
Atlanta, UPS (NYSE: UPS) today announced it has extended its contract with Ford Motor Company to continue providing logistics services for the delivery of new cars to dealers.
Through this contract, UPS assists in the management of Ford Motor Company’s North American outbound finished vehicle distribution network, shipping Ford’s finished vehicles from assembly plants to dealerships in the United States, Canada and Mexico.
“While the nation’s automotive industry is currently undergoing a dramatic upheaval, UPS’s finished vehicle logistics model effectively reduces costs for manufacturers such as Ford,” said Paul Hargadon, general manager of UPS’s Automotive Industry Solutions Group. “UPS has been working with Ford since 2000 and has provided improved transit times while lowering logistics costs.”
As part of the agreement, UPS provides on-site operations management at key Ford distribution points; carrier management; transportation network oversight, and contingency support. Should a problem arise, UPS is able to quickly provide a solution while also making recommendations to improve processes and efficiency.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 205,000 employees and about 90 plants worldwide, the company’s automotive brands include Ford, Lincoln, Mercury and Volvo. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s products, please visit www.ford.com.
UPS (NYSE: UPS) is the world’s largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in transportation and logistics, UPS is a leading global trade expert equipped with a broad portfolio of solutions. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. The company can be found on the Web at UPS.com. To get UPS news direct, visit pressroom.ups.com/RSS.
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