UPS Expands Presence in the Region

The air transport company has increased by 50% its cargo flight capacity to 19 weekly flights.

Tuesday, June 7, 2011

Guatemala, Nicaragua and Panama are three of the countries which receive large capacity UPS flights from Miami. UPS has decided to expand in response to increased demand experienced in Latin America.

The firm will use its Boeing 757 cargo plane, which will be replaced by a new B-767 aircraft, which is larger and hence has more capacity.

A UPS statement said: "The B-767 has a capacity of 132,200 pounds, 50% more than the B-757 aircraft. These two aircraft are used exclusively in America, due to issues of operational efficiency and maintenance. The high frequency with which these aircraft fly in the region makes it an attractive alternative for UPS Exporters must comply with strict product delivery schedules. "

More on this topic

UPS Express Service in Nicaragua and Honduras

May 2012

The delivery firm has added the two countries to its UPS Express Freight network, as part of plans to double its carrying capacity in Latin America during 2012.

Scott Aubuchon, director of the international cargo airline UPS said that Nicaragua in particular, needs a critical time freight service given that 58% of its exports - seafood, textiles, gold, etc.

Banrural Expands in the Region

January 2011

The Rural Development Bank of Guatemala initiated an expansion process through Central America.

During its annual meeting it announced that they have started the admission process in the corresponding bodies of two Central American countries. Due to procedural reasons, they did not specify which.

Terra Group Seeks to Expand throughout Central America

August 2010

The Honduran corporation, which specializes in energy and infrastructure projects, feels its development has slowed within its own country.

Terra directors' sights are now set on clean and renewable energy projects in Costa Rica and Panama, having already completed and inaugurated its Guatemalan hydroelectric project at Xacbal.

Costa Rica's Dos Pinos aims to expand in Guatemala

July 2008

Costa Rica's top maker of dairy products, the Dos Pinos Cooperative, aims to expand its presence in Guatemala.

Dos Pinos already has US$12.5 million of investment in Guatemala, where it sells 80,000 liters of milk a day, but it aims to boost its presence by reaching accords with local companies, said Dos Pinos manager Jorge Pattoni.

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