Hub in Shenzhen will Provide Intra-Asia Service and Cut Transit Time
HONG KONG, October 28, 2008 - To mark the 20th anniversary of UPS's presence in Asia, today the Shenzhen Municipal Government and UPS held a groundbreaking ceremony for UPS's planned intra-Asia hub. The UPS Shenzhen Intra-Asia Hub, representing a US$ 180 million investment, is targeted to open in early 2010, pending government approvals.
"The hub is a strong testament of UPS's commitment to support our customers' growth in the intra-Asia region," said Derek Woodward, President of UPS Asia Pacific Region."Despite the global economic slowdown, we are confident that the economies in China and the rest of Asia will continue to grow. With the movement of our intra-Asia hub to Shenzhen, UPS is well positioned to better serve our customers within China and the region."
The UPS Shenzhen Intra-Asia hub will be built on a land area of 89,000 square metres (958,000 square feet) and include a dedicated 150,000-square-metre (1.6 million square feet) ramp provided by Shenzhen Airport for ramp handling operations, an express customs handling unit, sorting facilities and cargo handling and cargo build-up areas.
The sorting capacity is projected to reach 18,000 pieces per hour with the flexibility to expand to 36,000 pieces per hour. The hub will initially employ approximately 400 people and represents an investment of US$180 million (around HK$1.4 billion). The hub will operate 24 hours a day, seven days a week.
Twenty Years in Asia
UPS moved into Asia as part of its rapid international expansion strategy in 1988. With the acquisition of Asian Courier Service, UPS immediately established offices in Hong Kong, Malaysia, Singapore, Taiwan and Thailand. Simultaneously, UPS established service agreements with multiple service providers in Europe and Asia, adding 19 countries to the UPS delivery network - UPS's single largest international expansion at that time.
Also in 1988, UPS commenced operations in China through an agreement with Sinotrans. In April 2001, just two months after the United States Department of Transportation awarded UPS the rights to operate direct air service from the U.S. to China, UPS launched direct flights to Beijing and Shanghai. By the end of 2004, UPS was operating 18 weekly flights between the U.S. and China, providing international express services covering over 200 Chinese cities. In 2005, UPS took direct control of its international express operations from Sinotrans and subsequently embarked on a rapid expansion throughout the country.
"Since our establishment in 1988, we have evolved into a 1,295-man operation providing the full range of logistics capabilities, supply chain solutions and supply chain financing," said Mr. KK Leung, Managing Director of UPS Hong Kong and Macau.
Today, UPS serves more than 40 countries and territories within Asia Pacific, with over 14,000 employees and 267 operating facilities.
Key UPS milestones in Asia Pacific include:
1988 Established offices in Hong Kong, Malaysia, Singapore, Taiwan and Thailand through an acquisition of Asian Courier Service
Commenced operations in China through an agreement with Sinotrans
1995 Established UPS Logistics in Asia Pacific
1996 Expanded operations in Korea through a joint venture with The Korea Express Co.
1997 Expanded operations in Philippines through a joint venture with Delbros, Inc.
1998 Expanded operations in Indonesia and New Zealand through joint ventures with PT Cardig Air and Fliway respectively
2000 Established new express joint venture in India with Jetair Limited
2001 Launched direct flights to Shanghai and Beijing
2002 Established intra-Asia hub in Clark Philippines to strengthen UPS's air network capabilities in Asia Pacific
2004 Began as wholly owned operation in Japan after acquiring the minority shareholding of its joint venture partner Yamato Transport Co.
2005 Began as wholly owned operation in China, taking direct control of international express operations in 23 cities, and introduced domestic express service in China
Appointed Official Logistics and Express Delivery Sponsor of the Beijing 2008 Olympic Games
Launched direct flights between Shanghai and Japan
2006 Signed on as Official Express Delivery Sponsor of Hong Kong Disneyland
Launched direct flights from Shanghai to Europe along with three new connecting flights to the U.S. and another between Qingdao and Incheon, Korea
Opened two UPS Express retail outlets in Shanghai, China
2007 Opened a new operation centre in Tirupur to meet growing demand for UPS services in South India
Opened the Olympics Logistics Centre in Beijing, operational facility of the 2008 Beijing Games, managed by UPS on behalf of the Beijing Organizing Committee for the Olympic Games
Launched five additional weekly flights connecting Bangkok, Singapore and Mumbai to major trading markets in Europe, the Middle East and the United States. Also launched five weekly flights in Korea connecting Korean businesses to major trading centres in China and Europe
Began construction of UPS Shanghai International Hub
Launched third five weekly flights to Japan via Nagoya, linking the U.S. with China
Established co-branded Staples UPS Express stores in Beijing offering customers a one-stop shop for their office supplies and international shipping needs
2008 Began as wholly owned operation in Korea after acquiring shareholding of its joint venture partner The Korea Express Co.
Began construction of UPS Shenzhen Intra-Asia Hub
UPS (NYSE: UPS) is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in transportation and logistics, UPS is a leading global trade expert equipped with a broad portfolio of solutions. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. The company can be found on the Web at UPS.com. To get UPS news direct, visit http://pressroom.ups.com/RSS.
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