What is the benefit to Penn from this exclusive contract relationship for outbound express shipping with UPS?
Purchasing Services competitively bid express mail shipping and the contract was awarded to UPS because of significant savings as well as their cutting edge technology. In addition to being the world’s largest package delivery company, UPS is ranked #1 in their industry for social responsibility, financial soundness, quality of products/services, and quality of management according to Fortune Magazine 2008 Most Admired Companies. Q: If Penn’s new UPS contract is effective as of July 1st, is July 1st the deadline for me to stop using other carriers for express mail? Will I no longer be able to use the FedEx pre-printed air-bills after July 1st? A: The Penn-UPS contract is effective as of July 1st, however July 1st is not a hard cut-over date. We anticipate that there will be a transition period throughout the summer for users to stop shipping express packages via other express shipping carriers (such as FedEx and DHL) and begin using the UPS exclusively for their outbound shipments. We
