UPS boosts air cargo capacity between Hong Kong and Europe by 19pc
US multinational package delivery and supply chain management company UPS has deployed larger capacity aircraft, Boeing 747-8s to service major trade routes connecting Hong Kong and Europe, via its European air hub in Cologne, Germany
12 March 2019 - 19:00
The company says that the deployment of three Boeing 747-8s through August 2019 replaces existing Boeing 747-400s, and increases cargo capacity by 19 per cent, on four weekly direct flights.
Since Hong Kong is one of the key gateways for UPS in Asia Pacific through which the Atlanta-based company links the city to the rest of the world with 60 weekly flights, this expansion will bring in major benefits for the company, The STAT Times, Navi Mumbai reported.
'The total export market value between Hong Kong and Europe grew by over seven per cent in 2018 according to the Hong Kong Census & Statistics Department. We can help businesses of all sizes take advantage of such cross-border trade opportunities,' said Lauren Zhao, managing director of UPS Hong Kong and Macau.
The company through a statement informs that it is adding 40 additional aircraft to its fleet, including 28 Boeing 747-8 aircraft, to increase its intercontinental air express capacity.
This expansion along with the company's existing offerings aim at accelerating growth between Hong Kong and Europe, including a service commitment with one-day time-in-transit for delivery by 9am or 12pm to major Europe cities via UPS's European air hub in Cologne, Germany.
This news 444 hits received.