UPS inks agreement with Yangtze River Express Airlines
UPS has signed an agreement with Chinese cargo airline Yangtze River Express Airlines Co. that will expand its service network in China.
The deal provides regular flights to link UPS’s gateway in Shanghai with the major Chinese cities of Beijing, Qingdao, Xiamen and Guangzhou. UPS already operates daily flights from Shanghai to major destinations in the U.S., Europe and Asia.
The agreement initially calls for six Boeing 737 flights each week on a Shanghai-Xiamen-Guangzhou-Shanghai route, to be followed in March by flights on a Shanghai-Beijing-Qingdao-Shanghai route.
In China, UPS also has a 50-50 joint venture with China National Foreign Trade Transportation (Group) Co., known as Sinotrans.
