All Nippon and UPS forge international cargo deal

All Nippon Airways and United Parcel Service in agreement to handle each other’s international shipments.

All Nippon Airways Co. and United Parcel Service Inc. have agreed to handle each other’s international shipments. The agreement is expected to help the firms focus on major markets, cut back cargo flights and increase usage rates for their aircraft.

UPS is also looking to increase orders from Japanese automakers and electronics producers.

All Nippon is expected to handle UPS shipments en route to China, South Korea and Thailand. UPS will represent its partner on US, European and Philippine routes.