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UPS boosts intra-Asia air capacity as US volumes wane
['Mon', 'Sep', 'Min Read']
Yahoo Finance
The express parcel and logistics giant last week announced service upgrades to Australia and Vietnam.
UPS has also upgraded its Hanoi-Shenzhen route by deploying larger Boeing 747 freighters, doubling weekly cargo capacity to 570 tons.
UPS customers in Vietnam can now benefit from next-business-day deliveries to China and Hong, the carrier said.
“We continue to see strong momentum across Asia Pacific with intra-Asia trade staying resilient, even as businesses navigate an evolving global trade landscape,” said Wilfredo Ramos, president, UPS Asia Pacific, in a news release.
Higher U.S. tariffs makes trade to other countries more attractive, with UPS exports from China to the rest of the world up 22.4%.
['australia'
'delivery'
'ups'
'capacity'
'boosts'
'volumes'
'trade'
'vietnam'
'tariffs'
'route'
'air'
'asia'
'wane'
'intraasia'
'china']