[photopress:ups_china.jpg,full,alignright]A formal groundbreaking ceremony at Pudong International Airport sees the start of the new UPS International Air Hub at Pudong.
UPS Chairman and CEO Mike Eskew who was there to help out, said, ‘The opening of this hub will ensure we are well-positioned to support the explosive growth in Asia’s regional trade.
‘Export volume growth in China and throughout Asia has been robust and the outlook remains bright. We are extremely proud to be the first U.S. airline to open an international air hub in China under the 2004 U.S.-China Air Services Agreement.’
Over the past five years, UPS has invested about $600 million in China, including a successful transition to become the first wholly-owned foreign express carrier in the country.
Located at the southern end of the West Cargo Terminal Area, the new hub will open next year. The hub is planned to have a sorting capacity of 17,000 pieces per hour. The new hub will link China via Shanghai to UPS’s international network with direct service to the Americas, Europe and Asia. It also will connect points served in China through a dedicated service provided by Yangtze River Express, a Chinese all-cargo airline.
UPS celebrates its 100th anniversary this year and is the world’s largest package delivery company.
Source: BusinessWire