05:19 (GMT +7) - Monday 16/09/2019

Business

UPS enhances Asia trade connectivity

Released at: 15:33, 11/07/2019

UPS enhances Asia trade connectivity

Photo: UPS Vietnam

Faster transit times, wider service footprint, and extended collection hours for export shipments available across the company's Smart Logistics Network.

by Khanh Chi

Global logistics service provider UPS has revealed a series of service enhancements impacting almost 1.4 million postal codes in 41 countries and territories across the Asia-Pacific region, enabling worldwide connectivity for over 22 million businesses.

“At the root of the investments in our Smart Logistics Network is a simple desire to make global commerce easier for Asian businesses - because when they grow, we grow too,” said Mr. Ross McCullough, President, UPS Asia Pacific Region.

“More UPS customers in the region will now be able to have their shipments sent and received in less time. They’ll be able to find us easily in more cities and towns, and they’ll be able to send shipments later in the day than before, all of which will open up new opportunities for businesses in the region to trade more efficiently with the rest of the world.”

A key local enhancement is the extension of the UPS Worldwide Express Freight service, a guaranteed door-to-door service for palletized shipments over 70kg, to more cities and provinces in Vietnam.

Industrial and automotive manufacturers and high-tech companies across 24 cities and provinces in the north and south of the country can plug into one of the world’s largest air networks, with customs clearance capabilities that include over 80 years of experience for UPS’s fastest palletized scheduled day-definite, door-to-door delivery to 67 destination countries and territories.

In the first half of 2019, UPS also completed the following as part of its strategy to bolster economic development in the region, which is projected to account for 63 per cent of global GDP growth in 2019, according the World Economic Forum.

Transit times reduced across 2,300 trade lanes. Intercontinental transit times reduced by up to four days, while shipments with destinations in Asia see transit times improved by up to two days. Vietnamese high-tech businesses benefit from faster connectivity to customers in South Korea.

Strengthened supply chain flexibility, with Saturday pick-up services in the US enabling import shipments destined for eight markets in Asia - including Vietnam - to be delivered one day earlier than previously.

“As a global logistics provider and advocate for free and open trade, UPS will continue utilizing our capabilities to support Vietnamese SMEs in growing their businesses,” said Mr. Russell Reed, Managing Director of UPS Vietnam. “With the official signing of the free trade agreement between the EU and Vietnam, new horizons have opened up.”

“The expansion of UPS services across cities and provinces in Vietnam, enhanced cut-off times, and increased connectivity will strengthen the competitiveness of Vietnamese enterprises operating in this new dynamic business environment.”

User comment (0)

Send comment