30% growth eyed CLARKFIELD, PAMPANGA-United Parcel Services (UPS) this week formally opened its $1.4-million expanded intra-Asia air hub here. "Now is a great time to be in Asia," said UPS International president David Abney in a press briefing, noting that regional companies are gearing toward total supply chain optimization.
"The expansion of the UPS intra-Asia hub reinforces the significant role it plays in the region by helping businesses navigate global commerce and providing them with access to key trade centers within Asia and around the world," he said.
Abney said the expanded hub will cater to growing trade between the Philippines and other key points in Asia.
It will complement other UPS hubs in the region, including the transpacific hub in Taiwan and the Hong Kong hub that connects Asia to Europe. The expansion tripled the hub’s sorting capacity from 2,500 packages to 7,500 packages per hour.
The hub’s strategic location provides a central sorting point within four hours by air from all major Asian cities. The launch coincided with the hub’s third anniversary.Since opening, the facility has grown into the company’s largest hub in the Asia Pacific, with 90 flights per week, up 50% compared when it first opened.
In the last quarter of 2004, UPS’ export volume from the Philippines grew nearly 30% compared with the samequarter in 2003. This year, it is eyeing 30% more. Meanwhile, UPS also announced the launch of new services to Osaka. Additional flights to China are also being evaluated.
