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Ford Motor Company Inks Extension with UPS

Posted on: Fri, 03 Jul 2009 21:23:00 EDT

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Jul 03, 2009 (Close-Up Media via COMTEX) --
F | Quote | Chart | News | PowerRating -- UPS 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 stated that it is able to quickly provide a solution while also making recommendations to improve processes and efficiency.

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