UPS Expands in China

UPS (NYSE:UPS) has announced the expansion of its presence in China with the addition of two new contract logistics distribution facilities in Chengdu and Shanghai, bringing the total to more than 130 distribution facilities, covering 87 cities.

The two new facilities are in addition to the UPS healthcare facilities that opened last year in Shanghai and Hangzhou. The contract logistics facilities will provide distribution and warehousing solutions to shippers who want to reach customers within China. These facilities demonstrate UPS’s continued commitment to serving China’s emerging middle class.

“UPS’s established network, sophisticated technologies, facilities and our trade management expertise give companies a distinct business advantage in Asia’s emerging markets and China”

According to a recent World Bank report, China is the second largest global economy and the world’s largest exporter and manufacturer of goods. The World Bank report continues to predict that China will be the world’s largest economy by 2030.

“UPS is committed to supporting emerging market demand and helping customers expand into new markets in China,” said Jim Barber, President UPS International. “Expansion efforts, such as the opening of these two facilities, will bring unmatched resources to our customers looking for a national distribution platform in China. Our customers will benefit from our trustworthy and reliable service, proven logistics methods, industry-leading technology solutions, global distribution and multi-modal transportation network and decades of experience in the Chinese market.”

The two non-bonded distribution facilities in Chengdu and Shanghai are strategically located in close proximity to international airports and major road networks. Built with capabilities to support a diverse spectrum of growing Chinese industries – primarily high-tech, industrial manufacturing, aerospace and retail – customers will also have connectivity to UPS global IT platforms for distribution and post-sales support.

Category: General Update