UPS - United Parcel Service Inc.

07/10/2019 | Press release | Distributed by Public on 07/10/2019 11:27

UPS Enhances Asia Trade Connectivity As Region Looks Toward Growth

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UPS Enhances Asia Trade Connectivity As Region Looks Toward Growth

JP 07/10/19

Tokyo

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 the first half of 2019, UPS 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 20191:

  • 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 2 days. In Japan, transit times for global shipments to and from select cities in Tokyo, Kanagawa, Saitama, and Aichi prefectures were reduced by one day.
  • Improved the geographic reach of UPS Worldwide Express® services, offering international shipping with time-definite deliveries in Australia, Hong Kong, Japan, Singapore, and South Korea; Customers in Xi An, China and new provinces in Vietnam can now access UPS Worldwide Express Freight, a guaranteed door-to-door service for palletized shipments over 70kg.
  • Extended pick-up times by up to five hours for export shipments from China, Japan, Taiwan, and South Korea, widening production windows and giving businesses additional time to fulfil customer orders. Customers shipping from the city of Misato, Saitama prefecture, benefit from a 3-hour extension in the cutoff time for the pick-up of global outbound shipments.

'UPS constantly looks for means to improve our services, and the on-going enhancements deployed this year in Japan is a testament to our commitment to providing better services every day to our customers; even as trade environments become more complex,' said Daryl Tay, President of UPS Japan. 'With many Asian businesses diversifying their supply chain across more locations in the region, transit time improvements, when combined with UPS's more than 80 year cross-border brokerage experience, can enable greater competitiveness. Whether you're looking to reduce risk, manage cost or simply explore new markets, UPS is ready to serve.'

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 the Asia Pacific region since 1988, and has grown to service 41 countries and territories in the region over the past 30 years. In 2018, the company implemented the largest expansion of the UPS My Choice® service since its launch, offering users enhanced visibility in 96 new countries and territories, including Australia, China, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam in Asia Pacific.

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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:

Etsuko Nakayama

+81354845818

[email protected]

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