New Flight Supports Henan's Exports to Key Markets in U.S., Europe and Asia
UPS (NYSE: UPS) today announced the launch of a new daily flight between
Zhengzhou, the capital and largest city in China's Henan Province, and Incheon
in South Korea. Zhengzhou's businesses will benefit from Incheon's corresponding
flight connections to their key export markets in the U.S. and Europe. Direct
flights from Incheon to UPS's intra-Asia hub in Shenzhen will open new
opportunities for Zhengzhou businesses wanting to export within Asia. The new
flight will help customers in the area cut shipping times by at least one day.
"With many manufacturing companies moving their facilities to inland China,
there is an increasing need for logistics and transportation services in this
fast-growing region," said Richard Loi, President of UPS China. "The UPS
Zhengzhou gateway will speed access to key markets globally and it underscores
UPS's commitment to strengthening our network in China and addressing our
Zhengzhou's importance as an economic driver in the central northern region
has been accelerating in recent years, and it is emerging as the next high-tech
manufacturing area in China. In addition to the electronics sector, other key
industries in the area also have seen impressive growth, including the
automotive, machinery and aluminium manufacturing sectors. In 2011, Zhengzhou
was ranked number one in foreign trade growth in all of China and has been
attracting considerable foreign direct investment.
The launch of the new UPS flight is fully supported by the local government
in China. Henan Governor Guo Gengmao said: "Henan province is strategically
located in the heart of Central Northern China and has seen rapid economic
development over the years. The establishment of UPS' flight into and out of
Zhengzhou will further facilitate the economic development of the province
within China and beyond. With UPS's contribution toward an enhanced logistics
network, I believe Zhengzhou will grow into a major trade hub for central
northern China in the near future."
UPS will operate a Boeing 767 into and out
of Zhengzhou Xinzheng International Airport five days a week. The launch of the
new flight reflects UPS's continuous commitment to facilitating trade between
China and the world.
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, UPS serves more than 220 countries and
territories worldwide. The company can be found on the Web at UPS.com and its
corporate blog can be found at blog.ups.com. To get UPS news direct, visit
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