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UPS Opens Expansion Of Its European Air Hub At Cologne/Bonn Airport
Press Release



The Expanded Air Hub Enhances Trade Links between China and Europe, Supporting the Growth Demands of China Customers

Beijing, April 11, 2014 - UPS (NYSE: UPS) has celebrated the official opening of a US$200 million expansion of its European air hub facilities at Cologne/Bonn Airport in Germany that will continue to serve as Europe's window into the world of international trade and export. The expansion, which took two years to construct, constitutes one of UPS's largest facility investments in the company's history and cements its position as the largest employer at the airport with more than 2,500 employees today.

The expansion of the air hub will enhance trade links between Asia Pacific and key markets in Europe, particularly strengthening UPS's connectivity with China. UPS currently operates 12 weekly flights between Cologne/Bonn and its Shenzhen Intra-Asia Hub, Shanghai International Hub, and the Chengdu gateway, which are among the busiest airports in China by passenger and cargo throughput. UPS connects major Asian cities, offering a guaranteed one to two day delivery commitment to major business destinations in Europe.

"UPS is committed to key markets and continues to invest through hub expansions to support the growth demands of our customers who are increasingly competing globally" said Richard Loi, President of UPS China. "Our customers in China key markets such as Shenzhen, Shanghai and Chengdu, will benefit from our upgraded capabilities and help them to connect the world successfully. We are excited about the opportunities in China and the enhanced trade lane between Europe and China underscores our commitment to the market."

"With this upgrade, we now have the equivalent of 15 football fields of sorting space for a growing export economy on the move," said Cindy Miller, President, UPS Europe. "All of this ensures that UPS's Cologne/Bonn air hub remains the centerpiece of the company's European express network, a key component of UPS's global air operations, and one of the largest and most advanced sorting facilities in the world."

The operating area now measures more than 105,000 square meters (1,130,000 square feet). The addition of eight automated sorters increases the hub's package sorting capacity by 70 percent to 190,000 packages per hour - or around 53 packages per second. The conveyor system now covers a distance of about 40 kilometers (25 miles), with a package taking an average of just 15 minutes to move through the hub from unload to load point.

The expansion equips the existing facility with additional state-of-the-art technology and includes a building extension that is partially dedicated to processing larger express freight shipments. The Cologne/Bonn facility serves as an international logistics hub for both major multi-nationals as well as small and medium-sized enterprises (SMEs) in Europe wishing to tap into UPS's world-class trading network.

"The Cologne/Bonn hub is our flagship facility in Europe and continues to serve us and the needs of our customers well," said Cindy Miller. "Our strategic investment in Germany, one of the world's top exporters, underscores our commitment to the European economy. This is part of a long-term strategy to help our customers successfully compete and do business on the important trading lanes within Europe and linking Europe to North America and Asia in an era when free trade agreements on the horizon promise growth for companies large and small."

As an early investor in European operations with Germany as its hub, UPS has enjoyed great success in Europe with solid export volume growth over the past decade. With the Cologne hub expansion in place, UPS can reliably connect the world to Europe and Europe to the world like never before and has positioned itself for continued growth in its international express business.

UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight, the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, USA, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at www.UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit www.pressroom.ups.com.
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