Global logistics company UPS (NYSE:UPS) and Sealed Air Inc. (NYSE:SEE), makers of protective packing material Bubble Wrap, recently announced a new partnership. The companies are seeking to create a cheaper and more efficient shipping solutions for retail and eCommerce businesses around the world.
Shipping costs have skyrocketed for manufacturers and retailers over the last few years as carriers like UPS continue to raise their rates and charge by size as well as weight. The strategic partnership between UPS and Sealed Air aims to help retailers, e-tailers and businesses maximize the efficiency of their packaging operations by minimizing packaging waste and reducing annual shipping costs.






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