Worldwide service enhancements benefit customers shipping to over 35 countries across Asia, Africa and Middle EastDelivery times across Asia Pacific also cut by up to two business daysCompany to add over 200 flights from Asia Pacific to Europe and the U.S. to meet 2024 peak volume demand

SINGAPORE, Oct. 9, 2024 /PRNewswire/ — UPS (NYSE: UPS) customers in Asia Pacific can now have faster deliveries to over 35 countries across Asia, Africa and the Middle East after the company introduced a series of enhancements to its industry-leading air network.

Thanks to a new flight connection at Sharjah International Airport (SHJ) in the United Arab Emirates (UAE), packages from mainland China and South Korea will be delivered in as little as two business days to major economies including Nigeria, Pakistan, Saudi Arabia and South Africa.  

In addition, UPS now offers next-day delivery from leading Asia Pacific economies to Seoul, South Korea, and from Bangkok throughout the region. In Vietnam, customers in Ho Chi Minh City can have next day service to and from select cities in the region. Shipments from Hanoi to selected cities in Australia can now be completed in two business days.

To further support businesses in Hanoi, UPS has introduced Saturday pick-up for Sydney-bound deliveries, allowing for greater flexibility to process orders and boost speed-to-market. Deliveries from selected cities in Australia to Europe can now arrive in as little as two business days.

“These enhancements to our air network, and our additional capacity for the peak holiday season, allow businesses in Asia Pacific to more quickly reach diverse customers around the world,” said Wilfredo Ramos, president, UPS Asia Pacific. “This gives our customers the fast and reliable service they need to grow, stay competitive and build resilience in their supply chain.”

As UPS prepares its air network to meet the surge in volume demand for the peak holiday season, it is boosting capacity for intercontinental routes by adding over 200 more flights connecting Asia Pacific to Europe and the U.S. in the fourth quarter, a significant increase compared to the same period last year. This expanded capacity will enable UPS customers to navigate the crucial peak season more effectively, serving the strong demand between Europe, the U.S. and key trading partners in Asia Pacific.

This is the latest in a series of recent network and facility enhancements UPS has made in the region. Earlier this year the company introduced a new flight connecting the company’s intra-Asia hub in Shenzhen (SZX) to Sydney Kingsford Smith Airport (SYD). While in late 2023, UPS announced plans to build a new hub at Hong Kong Airport (HKG).

UPS’s air network operates over 360 daily flights, serving 26 countries and territories within Asia Pacific and more than 200 globally.

For full details of delivery times within UPS’s global network, refer to the UPS time and cost calculator. 

About UPS

UPS (NYSE: UPS) is one of the world’s largest companies, with 2023 revenue of $91.0 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s approximately 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. More information can be found at www.ups.com, about.ups.com and investors.ups.com.

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SOURCE UPS

LONDON, Oct. 9, 2024 /PRNewswire/ — MarketsVox, a leading global Forex broker, is excited to announce the launch of its innovative funded trading program, MVFunded. It was designed to assist talented traders with the financial backing they need to thrive, MVFunded offers an opportunity for traders to get access to trading capital while minimizing their personal risk.

MVFunded: New Word in Funded trading programs

MVFunded gives the ambitious traders the opportunity to utilize challenge and evaluation accounts to prove their trading skills in an environment that poses no risk to them. After passing the challenge, eligible individuals are allowed to receive a share of the gains backed by MVFunded.

The aim of the funded trading program is to identify and support skilled traders by providing them with the necessary resources to succeed. The programs that are available for the traders to choose from can be found on the official website of the company – https://mvfunded.com/ . 

Key Features of MVFunded:

Access to Capital: Traders can start with funded accounts and scale up their trading capital as they meet specific performance criteria.Profit Sharing: Successful traders earn a substantial share of the profits generated, providing them with significant earning potential.Advanced Trading Tools: Participants in the MVFunded program have access to MarketsVox’s state-of-the-art trading platform and a suite of advanced trading tools.Support and Mentorship: MVFunded offers ongoing support and mentorship from experienced traders, helping participants refine their strategies and achieve their trading goals.Transparent Evaluation: The program includes a transparent evaluation process to assess traders’ performance and ensure they meet the required standards for funded accounts.

Joe Roeder, CEO and co-founder of MarketsVox, commented on the launch, saying, “We are excited to introduce MVFunded, a program that aligns perfectly with our mission to support and empower traders worldwide. Taking in consideration the need that appeared on the market for the prop firms being available for the traders, MarktsVox saw the opportunity and brought it to life. We believe this program will revolutionize the trading landscape and attract top talent from around the globe.”

How to Join MVFunded

Traders interested in joining MVFunded can apply through the website. The application process involves a thorough evaluation of the trader’s skills, risk management, and trading performance. Successful candidates will be invited to join the program and start their journey towards becoming a professional funded trader.

About MarketsVox

MarketsVox is a premier Forex broker committed to providing traders with a transparent, client-oriented trading experience. With a focus on innovation, reliability, and excellence, MarketsVox offers a wide range of trading products, cutting-edge technology, and exceptional customer support to traders worldwide. This is one of the first companies that offers the full range of products: Copytrading, MAM, PAMM, API trading and now funded program.

Contacts:
Slava Biletska
slava.biletska@marketsvox.com 

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Language AI tools are transforming the industry, boosting efficiency, cutting costs, and driving growth – with DeepL usage far outpacing Google, Microsoft and more

COLOGNE, Germany, Oct. 9, 2024 /PRNewswire/ — DeepL, a leading global Language AI company, has been named the #1 most-used machine translation (MT) provider among global language service companies in a new 2024 ALC Industry Survey report by the Association of Language Companies (ALC) and Slator. The company’s rise to market leadership, coupled with its exponential growth – DeepL now serves over 100,000 business and government customers worldwide – highlights the growing significance of AI-powered translation solutions in transforming industries, including language services, manufacturing, legal, healthcare and more.

“This exciting milestone highlights the accuracy and reliability of DeepL’s specialized Language AI platform, which is trusted by businesses worldwide for critical translation projects. It also is a testament to our positive impact on their cost savings, efficiency, and growth,” said Jarek Kutylowski, CEO and Founder, DeepL. “As AI in language services gains in popularity, we are honored to be the industry’s preferred Language AI partner and are committed to providing industry-leading, cutting-edge, specialized tools for translation, AI-driven content creation, and more.”

The new ALC report surveyed 127 language service companies (LSCs) from 28 countries*.  The results underscore the expanding role of machine translation in the services offered by LSCS to key industries such as healthcare, law, and education.

Key findings of the report include:

–  DeepL is the most-used machine translation provider among LSCs, with 82% of them using its technology in 2024, far surpassing companies including Google (46%), Microsoft (32%), and Amazon AWS (17%).
–  DeepL’s traction has grown significantly over the last 12 months, rising from third place in 2023 to the top provider in 2024.
–  This growth aligns with an increasing focus on AI within the industry overall, with 75% of LSCs receiving proactive customer inquiries about AI in the last six months.

The ALC report also revealed that 40% of LSCs see offering additional AI services as crucial for maintaining competitiveness, with one in three planning to introduce new services over the next three years. Key drivers of this accelerated adoption include notable advancements in generative AI and LLM technology; increased executive-level prioritization of language services; growing customer demand; as well as cost, time, and productivity efficiencies.

 “It’s striking that a specialized language AI company like DeepL has overtaken tech giants like Google and AWS as the top machine translation provider among language service companies surveyed by Slator on behalf of the ALC. As AI adoption speeds up and language AI becomes a key value driver, this shift suggests that agile, focused companies can outpace larger competitors by delivering impact in critical areas,” said Anna Wyndham, Head of Research, Slator

Since its inception in 2017, DeepL has become the Language AI provider of choice for businesses across multiple industries including language services, manufacturing, legal, retail, healthcare, technology, and professional services. The company’s specialized Language AI platform has become a critical investment for global businesses today, addressing a variety of communication challenges ranging from internal communications to customer support and international market expansion. Unlike general-purpose AI systems, DeepL’s cutting-edge translation and writing solutions rely on specialized AI models specifically tuned for language, resulting in more precise translations for a variety of use cases and a reduced risk of hallucinations and misinformation. In business translation and writing, accuracy is paramount, making specialized AI models the most reliable and preferred solution for language challenges.

DeepL’s Language AI platform is also proven to drive significant cost savings and efficiencies. A 2024 Forrester study revealed that the use of DeepL delivered 345% ROI for global companies, reducing translation time by 90% and driving a 50% in workload reduction, underscoring, in our opinion, the power of its platform for businesses looking to grow their revenue and enter new markets faster and at scale.

Learn more about how DeepL and how it can transform your business here.

About DeepL
DeepL is on a mission to break down language barriers for businesses everywhere. Over 100,000 businesses and governments and millions of individuals in 228 global markets trust DeepL’s Language AI platform for human-like translation and better writing. Designed with enterprise security in mind, companies around the world leverage DeepL’s AI solutions that are specifically tuned for language to transform business communications, expand markets, and improve productivity. Founded in 2017 by CEO Jaroslaw (Jarek) Kutylowski, DeepL today has over 900 passionate employees and is supported by world-renowned investors including Benchmark, IVP, and Index Ventures.

*The 2024 report by the Association of Language Companies (ALC) and Slator is based on a survey of 127 language service companies from 28 countries, conducted between June 17 and July 29, 2024.

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