Workflow
UPS Boosts Shipment Delivery Between Asia-Pacific & Australia
Air Lease Air Lease (US:AL) Zacks Investment Researchยท2024-04-08 15:20

Core Insights - UPS has launched a new flight service connecting its intra-Asia hub in Shenzhen to Sydney, enhancing delivery services for customers in major Asia Pacific economies [1][2] - Shipments from various Asia Pacific countries can now reach Australia by the next business day, while Australian customers can also expect expedited deliveries to Asia Pacific and Europe [1][3] - This initiative reflects UPS's commitment to improving its logistics network and meeting customer demands in the Asia Pacific region [2][3] Delivery Service Enhancements - The new delivery service allows for next business day delivery from mainland China, Japan, South Korea, Taiwan, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Indonesia, and Hong Kong to Australia [1][3] - Australian customers can also benefit from next business day delivery to select destinations in Asia Pacific and Europe, starting from shipments picked up on specific days [3] Strategic Importance - The enhancement is significant as most of Australia's top trading partners are located in the Asia Pacific region, providing businesses with a competitive edge through faster delivery times [2] - UPS is actively strengthening its network and facility capabilities across Asia Pacific, with recent improvements in several countries [2]