UPS has launched 130 new less-than-container load ocean trade lanes including seven on Europe-to-U.S. routes. That comes despite lackluster growth in U.S.-inbound LCL volumes after a 2% growth year-to-date followed unchanged volumes in 2017 vs. 2016. Yet, UPS needs to find ways to boost its market share that don’t involve profit-damaging price cuts after its U.S.-inbound volumes fell 5% in the three months to April 30 on a year earlier. UPS’s main competitors on its new EMEA-to-U.S. routes are K+N (10% market share in the past year) and DB-Schenker (4%).
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