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UPS Enhances Asia Trade Connectivity As Region Looks Toward Growth

CN 07/09/19

Beijing

Faster transit times, wider service footprint, and extended collection hours for export shipments across the company's Smart Logistics Network

The series of service enhancements UPS (NYSE:UPS) revealed today impact almost 1.4 million postal codes in 41 countries and territories across the Asia Pacific region, enabling worldwide connectivity for over 22 million businesses.

'At the root of the investments in our Smart Logistics Network is a simple desire to make global commerce easier for Asian businesses-because when they grow, we grow too,' said Ross McCullough, President, UPS Asia Pacific Region. 'More UPS customers in the region will now be able to have their shipments sent and received in less time; they'll be able to find us easily in more cities and towns, and they'll be able to send shipments later in the day than before-all of which will open new opportunities for businesses in the region to trade more efficiently with the rest of the world.'

In China, a key market for UPS in the Asia Pacific region, UPS has enhanced its services and broadened its reach across 10 cities1 located in the Shaanxi, Henan, Shandong, Jiangsu, Zhejiang and Guangdong provinces. With extended cut-off times by up to four hours, customers in these areas benefit a wider fulfilment window for international orders. Customers in Xi An can now also access UPS Worldwide Express Freight, a guaranteed door-to-door service for palletized shipments over 70kg, to send shipments to 67 destinations worldwide. Most recently, UPS improved delivery of import packages from Europe and Asia to Shanghai by one day, strengthening the competitiveness of Chinese businesses as trade becomes increasingly complex.

'With our extensive history as a trade enabler, UPS is skilled at adapting to the changing demands - economically, politically, socially, environmentally, and even culturally - across the 220 countries and territories we work and serve,' said Harld Peters, President, UPS China. 'With our enhanced services, UPS can help Chinese enterprises increase their value, strengthen their competitive advantage and stand out on the global stage. UPS remains a committed partner to Chinese businesses - big and small - enabling them to handle the complicated demands of global trade in a flexible and timely manner.'

In the first half of 2019, UPS also completed the following as part of its strategy to bolster economic development in the region, which is projected to account for 63 percent of global GDP growth in 20192:

  • Shenzhen Asia Pacific Air Hub upgrades increase the hub's processing capacity by nearly 50 percent in preparation for volume gains in the coming three years.
  • Transit times reduced across 2,300 trade lanes: Intercontinental transit times reduced by up to 4 days, while shipments with destinations in Asia see transit times improved by up to two days. Customers in most cities in East China with shipments to Japan, and those in Shantou, Guangdong province, shipping to the U.S., Europe and Asia will see transit times shortened by up to one day.
  • Improved the geographic reach ofUPS Worldwide Express® services, offering international shipping with time-definite deliveries in Australia, Hong Kong, Japan, Singapore, and South Korea.
  • Extended pick-up times by up to five hours for export shipments from Japan, Taiwan, and South Korea, widening production windows and giving businesses additional time to fulfil customer orders.
  • Strengthened supply chain flexibility with Saturday pick-up services in the U.S. enabling import shipments destined for eight markets in Asia - including China - to be delivered 1 day earlier than before.

UPS's Shenzhen Hub serves as a transfer point for shipments moving within the region, and the enhancements improve both reliability and quality of service provided to UPS customers in Asia. About 550 employees maintain round-the-clock operations at the hub, which houses separate sorting and handling facilities for express and cargo shipments, on-site customs office and processing - including China Inspection and Quarantine (CIQ) clearance for import commodities - and a dedicated 150,000 square meter ramp with 13 aircraft parking positions. Self-operated aircraft ground-handling provides UPS, as a logistics integrator, with greater control over the 86 weekly UPS flights in and out from the hub.

UPS has operated in China since 1988, and has been committed to connecting Chinese businesses to the global marketplace for the past 30 years. In 2018, UPS deployed several new Boeing 747-8 aircraft, which increased aircraft capacity to meet growing demands for faster cross-border trade. That same year, UPS announced several service enhancements impacting both inbound and outbound shipments to strengthen connectivity and increase competitiveness for manufacturers and buyers alike.

1. Xi An, Zhengzhou, Binzhou, Dongying, Changzhou, Jinhua, Jiaxing, Ningbo, Shantou and Huizhou.

2. World Economic Forum

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, follow @UPS_Asia on Twitter, UPS 中国动态 on WeChat, and UPS中国 on Sina Weibo.

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Inquiries

For more information about this press release, contact:

Anna Wang

+862138965831

wanna@ups.com

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UPS - United Parcel Service Inc. published this content on 09 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 July 2019 15:07:09 UTC