UPS Increases Investments in China

UPS upped its investment in the Chinese market by enhancing its services in 20 cities in the country to better serve the manufacturers and exporters that will be powering the region's growth.

The investment comes at a time of renewed vigor in the Chinese economy, according to the company. The government is seeking to increase the country’s connectedness with regional and global economies through a range of major initiatives, and exports projected to top $2.5 trillion in 2018.

“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,” said Harld Peters, the newly appointed president of UPS China. “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.”

Customers in Xi’an, Fuzhou, Hefei, Wuhan, Shenyang, Zhengzhou, Guangzhou, Dongguan, Suzhou, Kunshan, Hangzhou, Qingdao, Ningbo, Xiamen, Wuxi, Chengdu, Foshan, Changzhou, Huizhou, Nanjing, and the surrounding areas of these 20 cities, will experience a range of benefits as a result of this latest round of service enhancements, the company stated.

These enhacement include extended package pick-up cut-off times to giving exporters more production time and greater flexibility to finalize orders; and faster transit times increasing by up to one full day from China to key markets in the U.S., Europe and Asia.