Bangkok--Mar 3--Ogilvy Public Relations Worldwide
UPS WINS TENTATIVE GO-AHEAD FOR EXPANDED ACCESS TO CHINA DOT Decision Would Increase UPS Flights to China in 2006
The U.S. Department of Transportation tentatively authorized UPS to expand its air operations to and from China.
The DOT Show Cause Order, granting UPS three additional frequencies to serve China, will provide significant opportunity for UPS to continue growing its business within the region while providing customers with services from general freight to express delivery.
UPS currently flies from the United States to China 12 times per week and will be expanding that number to 18 early this year. Tentative decision grants UPS two new frequencies to Shanghai and one new frequency to Guangzhou, effective next year. The new frequencies will allow UPS to better serve customers by offering full seven-day-a-week service to Guangzhou and increasing capacity to Shanghai on the two busiest days of the week, Thursday and Saturday.
The frequencies also mark an important step as UPS progresses toward establishing a regional air hub in Shanghai.
“The new flights will allow UPS to greatly enhance service to the benefit of customers globally,” said UPS Chairman and CEO Mike Eskew. “This provides an extraordinary opportunity for strengthening commercial supply chains that support growing international trade between the United States and China and throughout the world.”
“The express market in China has developed to the point that our customers have asked for service seven days a week connecting China to the world,” added Ken Torok, president, UPS Asia-Pacific. “This award will permit us to meet those customer demands in one of the world’s fastest growing markets.”
UPS successfully entered the China market in 1988 in partnership with China’s Sinotrans and then began direct air service in 2001. It has experienced double-digit growth in the U.S.-China market during each of the last three years. In 2004, UPS announced an agreement with Sinotrans to take direct control of UPS’s international express operations in China’s largest and most important cities by the end of 2005.
UPS currently serves more than 40 countries and territories in Asia. The company operates air hubs in Taipei, Hong Kong, Singapore and the Philippines and was the first express carrier to offer non-stop service from the United States to China. Any additional rights provided to UPS, including the establishment of a new hub in China, will complement UPS’s existing air network in the region.
UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.
Issued on behalf of : UPS Thailand
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Isavara Sakunwadhana
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