Protection for your supply chain and your bottom line.
At UPS Capital, a subsidiary of UPS®, we offer innovative supply chain solutions that not only help protect your finances, but manage the increasing risks of today's global supply chains.
Give your customers the opportunity to protect their packages beyond the automatic protection provided by UPS. When they trust you with their packages, UPS Customized Declared Value can provide them with additional peace of mind.
Peace of Mind that goes beyond the standards.
The great thing about shipping with UPS is that if your package is worth SGD $150 or less, you automatically benefit from a right to recover against loss or damage subject to the UPS terms and conditions of the tariff. But, what if you’re shipping high-value items like electronics or pharmaceuticals? With UPS Customized Declared Value, you can get an extra level of liability for your high-value, time-sensitive, perishable or hard-to-value items, with contractual liability up to $50,000 USD per package or $250,000 per shipment. You can even recover costs related to delayed shipments, such as reconstructing documents or penalties due to late delivery.
Choose from two types of liability recovery:
- Standard—Recovery for loss or damage to goods in transit up to your selling price
- Expanded—Recovery for delays in transit for time-sensitive or perishable items and documents
Most standard carrier liability programmes are generally more expensive and only cover the replacement costs and not the retail sales price. Our customisable and affordable options provide a stable cash flow by supporting your business through the unique risks, situations and challenges that come with transporting highly sensitive goods.
Keep capital invested in maintaining inventory and market share rather than tied up in administrative costs with no upfront fees or deposits. When you’re ready to ship, you can use your current UPS shipping software to choose which shipments you want to benefit from an extra level of liability and how much to declare them for, then pay as you go. Your UPS Customized Declared Value charges will appear right on your regular UPS bill.
Jewellery. Wristwatches. Collectibles. They're high-value items. When it’s time to deliver them, the stakes are equally high – a damaged, lost or delayed shipment can lead to a major financial loss. Parcel Pro, a UPS Capital Company, gives you peace of mind by combining risk mitigation best practices with insured transportation to protect your most valuable shipments.
Make everything simpler and safer with Parcel Pro:
- Shipments may be insured for up to $100,000 USD or local currency equivalent to and from select countries or territories.
- For your convenience and security, Parcel Pro offers sales and service offices located in major jewellery districts worldwide, including New York, Chicago, Los Angeles, San Francisco, Miami, Hong Kong, Tokyo, Singapore and Bangkok.
UPS Capital is constantly growing and expanding its presence all over the globe. See our international products and services that are currently available.Learn More