Global parcel delivery and logistics provider UPS has substantially upped its investment in the Chinese market by enhancing its services across 20 cities. The investment comes at a time of renewed vigor in the Chinese economy with exports projected to top US$2.5tn in 2018.
By boosting its resources in the country, UPS aims to extend package pick-up and drop-off times by up to 1.5 hours; provide faster transit times for shipments heading to the USA, Europe and Asia, with most US and intra-Asia shipments now reaching their destination within 24 hours; offer more value-added services such as same-day pick-up, customs brokerage and warehouse management solutions; and overall, to provide more convenient access to the UPS network in China across 33 cities.
Ross McCullough, president of UPS Asia Pacific, said, “China has demonstrated a steadfast commitment to furthering sustainable globalization and economic development, as evidenced by its proactive moves around the Belt and Road Initiative (BRI), Made in China 2025 plan, and free trade agreements, such as the Regional Comprehensive Economic Partnership (RCEP).
“As the lifeblood of trade, logistics is going to play a key role in the long-term success and implementation of these initiatives. UPS’s investments in China are a direct response to this need.”
Harld Peters, the newly appointed president of UPS China, said, “At UPS, our business strategy has always been driven by anticipated shifts in the global and local economies, so it is imperative that we put logistics solutions in place ahead of demand so they are ready when businesses need them.
“As industries continue to grow and move toward complex manufacturing, we are determined to provide faster and more efficient solutions for businesses of all shapes and sizes.”
The service enhancements are part of UPS’s multi-year investment and growth plan for China, which is focused on expanding its geographical presence and improving the customer experience for businesses in the high-tech, manufacturing and retail segments.
Earlier this year, UPS added six stations to its Preferred Full and Less-than-Container Load (FCL and LCL) multimodal rail service between Europe and China. UPS and S F Holding will establish a joint venture to provide international delivery services initially from China to the USA.
October 17, 2017
