Core Insights - United Parcel Service, Inc. (UPS) is expanding its shipping portfolio with two new ground services: UPS Ground Saver and UPS Ground with Freight Pricing, aimed at enhancing delivery options for both residential and commercial shippers [1][5] UPS Ground Saver - UPS Ground Saver is an economical shipping solution for less urgent packages, utilizing the UPS Smart Logistics Network, and offers delivery times similar to standard UPS Ground [2] - It includes features like Delivery Photo and recipient control upgrades through UPS My Choice, targeting direct-to-consumer businesses shipping lower-value merchandise while ensuring reliability [2] UPS Ground With Freight Pricing - UPS Ground with Freight Pricing is designed for commercial shippers needing reliable small package solutions and load shipments over 150 pounds [3] - This service provides cost savings compared to less-than-truckload (LTL) carriers, with no additional fees for services like lift-gate delivery and offers nationwide coverage through UPS's network [3] Market Context - The LTL market is projected to reach $94.5 billion by 2025, indicating significant growth opportunities for UPS's expanded ground shipping options [4] Strategic Vision - UPS aims to transform customer experience by offering a comprehensive portfolio that includes delivery, returns, and pickup services seven days a week, with Ground Saver and Ground with Freight Pricing being the first of many enhancements planned for 2025 [5] - UPS is positioned as the only major U.S. small package carrier offering parcel service at LTL pricing, which serves as a key differentiator in the market [5]
UPS to Benefit From Ground Portfolio Expansion Initiative: Here's How