UPS in emerging market push, chief named

Vale and his team have been tasked with expanding the company’s market reach and global capabilities to better serve customers doing business in emerging markets around the world.
 Vale succeeds Derek Woodward, who retired after 32 years at UPS.
 Jim Barber, president of UPS International, said: “Mark brings the global insight, experience and leadership that will help lead UPS to its next phases of expansion. We continue to increase and enhance our international product and facility footprint, driven by cross-border and local market growth.
“The World Bank forecasts suggest emerging markets and developing economies are poised for accelerated growth of 4.2 per cent in 2017, compared to global growth estimates of 2.9 per cent.
“Connecting customers to economic opportunities requires a network of logistics and supply chain experts. We look forward to Mark helping align UPS’s global capabilities to meet customers’ needs.”
 Vale joined UPS in 1988 in London and developed the company’s pan-European growth strategy. 
 “I am looking forward to focusing on helping UPS customers connect to emerging markets throughout the world,” Vale said. 
“This is where new trade corridors are being developed and fresh opportunities are opening. I am extremely encouraged by the dynamism and passion I see at UPS to help customers and countries reach their potential in growth and emerging markets.”