Karachi—The document and parcel delivery service market in Pakistan has seen an exciting new development with the announcement of the agreement between UPS (NYSE: UPS), the world’s largest express carrier and package delivery company and TCS, Pakistan’s most recognized courier, logistics and e-commerce provider. As UPS’s Authorized Service Contractor, TCS will be offering international Express services in Pakistan.
At a time when supply chain efficiencies are becoming critical to global business, this agreement will enable exporters to enjoy effective and cost efficient international shipping. Additionally, world class supply chain solutions developed by UPS for the Manufacturing, Retail and Healthcare industries will now be available in Pakistan through TCS. The combined strength of UPS, the world’s largest express carrier and package delivery company, and the national logistics brand TCS, will significantly ease doing business in Pakistan.
“We are delighted to combine the experience and penetration of TCS in the domestic market with the global reach and service quality of UPS to deliver a powerful proposition for customers’ worldwide,” said M.A. Mannan, President and CEO of TCS Holdings. “This is an exciting time for us and we foresee considerable long term value generation for customers and both the companies as a result of this strategic alliance, which would contribute significantly to the national economy.”
Through an integrated supply chain and worldwide network serving over 220 countries and territories, UPS oversees the successful daily delivery of more than 18.3 million packages and documents.