ATLANTA, Jan. 7, 2008 - UPS (NYSE:UPS) this week is launching a simplified global portfolio for shipping air freight, including a substantially expanded express freight option with guaranteed door-to-door service. The new air freight portfolio features a greatly expanded international express service called UPS Express Freight. It more than triples the number of express lanes currently served and provides guaranteed time-definite, overnight-to-three day door-to-door delivery including routine customs clearance to major global metropolitan areas.

For less time-sensitive global movements, UPS offers two non-guaranteed alternatives: UPS Air Freight Direct is a one-to-three day airport-to-airport service, and UPS Air Freight Consolidated is a three-to-five day airport-to-airport service. Both services are available worldwide and offer pickup, delivery and customs clearance as optional features. Freight shipments may move on either UPS or third-party aircraft, providing the ultimate in flexibility.

By combining the capabilities of the world's 9th largest airline with UPS's position as a global freight forwarder with access to other airlines, UPS becomes the only transportation and supply chain provider offering guaranteed integrated air freight services in a single portfolio. And from an operational standpoint, UPS is introducing automatic online day-specific scheduling for customers whose freight shipments are moving on third-party aircraft. This level of predictability has been an important missing link in the air freight forwarding market.

Moreover, the new freight portfolio represents another step in UPS's drive to offer customers a complete range of U.S. domestic and international package and freight shipping options along with supply chain and logistics services, all available worldwide from one trusted source.

"The reinvention of our global air freight portfolio positions us well in the marketplace," said Alan Gershenhorn, senior vice president for worldwide sales and marketing. "We can provide the global reach, flexible scheduling and competitive pricing that businesses need and expect from us. Our customers gain more flexibility and control over their freight shipments without sacrificing single-source accountability."

"Because UPS operates as both an integrator and air freight forwarder, we have a unique vantage point and understand the nuances of the two very different networks," added Dan Brutto, president, UPS International. "We have designed an industry-leading suite of services that plays to the strengths of each air network and produces a higher degree of choice and predictability than any other company in the air freight industry."

In a related move, UPS's North American air freight portfolio has been expanded to include UPS 3 Day Freight, a guaranteed service providing 3-to-4-day delivery to the 48 contiguous states and Canada, and non-guaranteed alternatives for all domestic air freight services. These additions, combined with the existing UPS Next Day Air Freight and UPS 2nd Day Air Freight, establish the industry's broadest portfolio of North American air freight services. While improving its portfolio of services, UPS also continues to enhance its freight management technology, offering convenient access and visibility to all package customers who also need to manage freight shipments.

UPS is the world's largest package delivery company and a global leader in supply chain and freight services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at www.UPS.com.