UPS Forms e-Ventures Subsidiary as Incubator

Share this content:
United Parcel Service Inc., Atlanta, said yesterday it formed a new subsidiary, UPS e-Ventures, that will serve as the research, development and incubation arm for UPS's e-commerce initiatives. The new unit will be charged with identifying and rapidly developing entirely new businesses related to supply-chain management and e-commerce.


The first business formed by UPS e-Ventures is e-Logistics, which will seek to provide warehousing, order picking, shipping, delivery and customer service for small and medium-sized e-commerce companies. A spokeswoman said the goal is for e-Logistics to be able to handle all of the fulfillment and customer service issues for any company that has a product to market through the Internet. UPS e-Logistics will take advantage of the UPS transportation network worldwide and its global network of warehouses, she said.


UPS, through its Worldwide Logistics arm, already provides similar services for large e-commerce companies like Nike.com and Boo.com.


UPS named Mark Rhoney, a 25-year UPS veteran who most recently was vice president of electronic commerce marketing, as president of e-Ventures.
close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above