UPS keeps expanding international operations. Just a few days ago we posted an article on the opening of its new London hub which will improve operations in Europe.
Also this week, the company announced improvements it has made in South Korea which will significantly improve its operations in the country.
But these service enhancements to its South Korean logistics network also benefit all cross-border trade between Asia, Europe, and the Americas.
Here is the Press Release from UPS
UPS today announced a series of service enhancements across five cities in Korea as well as expanded capacity at its Incheon facility to better serve businesses wanting to better capitalize upon cross-border import and export opportunities.
As speed-to-market is a crucial element for success in a competitive and fast-paced environment, businesses from selected postal codes in Gyeongsan(295), Gwangju(1,002), Ulsan(627), Jeonju and Iksan(186) can now enjoy a one-day transit time improvement for export shipments going to major markets in Asia Pacific, Europe and the U.S.
UPS has also expanded its facility at Incheon International Airport, offering customers a larger warehousing capacity to support growing import and export demands. The new facility will feature over 770 square meters of warehouse space; three times larger than its previous size.
“In 2017 Korea, the world’s sixth largest exporter, registered record trade growth of 15.8%. As we continue to see more goods traded in and out of Korea, our service improvements will provide not just faster speed-to-market, but allow businesses to tap into UPS’s end-to-end logistics capabilities to manage their global supply chains with greater control, flexibility and visibility.”
Harrison Park, managing director of UPS Korea
Businesses in the high-tech, retail and industrial manufacturing industries now have access to long-term storage and shipment consolidation services to store and manage high-value goods safely and efficiently.
Technology solutions such as UPS’s Flex Global View allow businesses to exercise greater control over their supply chain by providing full visibility into the movement of goods, and the ability to respond to shipment information and critical milestones as they appear.
The service enhancement and facility expansion reinforce UPS’s long-standing commitment to help businesses of all sizes in Korea to capture growth opportunities through greater connectivity to the international marketplace and a globally integrated smart logistics network.
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