UPSandreg; (NYSE: UPS) today announced the official opening of its newly relocated Trans Pacific Hub at Taiwan Taoyuan International Airport. Situated at the airport's Air Cargo Terminal Logistics Warehouse, the hub occupies close to 82,000 square feet, a 40 percent increase in size from its previous location. The hub is equipped with the latest sorting capabilities to support the needs of Taiwanese businesses looking to trade globally.
"The new hub is expected to increase export processing capacity by more than 40 percent, while also doubling the processing capacity of import handling," said Anita Li, managing director of UPS Taiwan. "With export growth looking strong, UPS remains committed to supporting our customers across all sectors and we continue to invest in our capabilities and infrastructure to enable these customers to trade in a global marketplace."
The opening of the hub is UPS's latest initiative in building a strong, integrated air network across Asia, connecting Taiwan to key markets in Asia, Europe and the United States. The hub operates 28 weekly cargo flights connecting Taiwan to key global markets. Leveraging this extensive network, customers can expect a 1-2 day delivery commitment to major cities in the U.S. and Europe.
"High-tech manufacturing is the largest vertical segment in Taiwan and these companies are facing increasing global competition," said K.K. Leung, president, UPS North Asia District. "To take advantage of growth opportunities within the region and beyond, these companies need agile supply chains and a strong logistics partner. UPS's latest investment in our Taiwan hub is a testament to our continued support of Taiwanese businesses as they compete in a global marketplace."
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
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