UPS Commends U.S., Canada And Mexico For Lifting Tariffs And Moving Closer To Approval Of A Modernized USMCA

US 05/22/19

Washington, DC

UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, applauds the United States, Canada and Mexico governments for reaching consensus on removing steel and aluminum tariffs.

“Now that the tariffs have been lifted, the US-Mexico-Canada Agreement (USMCA), which will modernize North American free trade and bring it into the 21st-century via updated rules, can move forward with new momentum,” said Laura Lane, President of UPS Global Public Affairs. “The pact will be great for America and our allies by improving customs regulations, spurring the growth of e-commerce and supporting the participation of more small businesses in regional and global supply chains.”

UPS urges the three countries to work diligently and quickly through their respective ratification processes.

UPS has been a vocal supporter of trade. Logistics, freight and supply chain services, as provided by UPS, are key enablers of e-commerce growth. At any given time, our package cars, trailers, ocean containers, and planes are carrying approximately 6% of U.S. GDP and 3% of global GDP in more than 220 countries and territories around the world.

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. UPS is committed to operating more sustainably – for customers, the environment and the communities we serve around the world. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Fortune magazine’s Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com  or pressroom.ups.com  and its corporate blog can be found at ups.com/longitudes The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter . Learn more about our sustainability efforts at ups.com/sustainability . To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship.

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