UPS begins Shenzhen hub operations

2010-2-9

UPS today launched inaugural flights from its new Shenzhen Asia Pacific hub at Shenzhen Baoan International Airport.

The flights mark the start of UPS's intra-Asia air operations at the new hub and the transition of its intra-Asia hub operations from Clark in the Philippines to Shenzhen.

"The inauguration of our flights in Shenzhen is part of our continued efforts to help our customers execute their trade in the region more efficiently," said Derek Woodward, president of UPS Asia Pacific.

"As part of this strategic move, UPS's existing intra-Asia hub operations at Clark will be refocused to serve as the main import and export gateway for the Philippines as well as to continue its role as a leading centre for our service parts logistics operations."

Intra-Asia trade is expected to grow at an annual average rate of 12.2 percent until 2020, with Asia's trade with the US projected to grow 7.3 percent annually over the same period.

Source: cargonewsasia
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