United Parcel Service Inc.’s annual sales in China doubled to about $200 million in the year after the world’s largest package-delivery company began its own flights to Beijing and Shanghai. The company started the flights to those cities in April 2001 and plans to increase the number of representative offices in China to at least 20 by the end of next year from five now, said company Chief Operating Officer Tom Weidemeyer in an interview.
Read MoreUnited Parcel Service has introduced SonicAir, a proactive shipment update service for same-day shippers. Customers can now receive updated shipment information, sent to a wireless devices, pager, phone, fax or e-mail address, without having to request it, or access the same information from UPS’s Web site.
Read MoreThe volume of express air cargo is growing worldwide at nearly double the pace of regular air cargo, and Hong Kong sees this market as one that it can continue to dominate in the region long into the future.
At present, express shipments represent about 7 per cent of throughput at Chek Lap Kok, but the Airport Authority expects the number to increase to 13 per cent by 2020.
United Parcel Service will raise its fuel surcharge from the current rate of 0.75 percent to 1 percent, effective Oct. 7. The surcharge applies to both ground and air shipments, and is based on an August jump in the national average of highway diesel fuel prices reported by the U.S. Department of Energy.
Read MoreUnited Parcel Service Inc said on Tuesday it had reached a five-year contract deal with unionized mechanics and other workers at its in-house airline. The tentative contract calls for ‘industry-leading wages’, runs to Nov. 1, 2006, and is retroactive to August.
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