Global courier companies upgrading services
April 30, 2014 Category Express delivery, Logistics
After years of delivering parcels, business documents and university applications between China and the rest of world, major international carriers have changed their tactics to offer more upgraded services such as the conveying of healthcare products, precise parts for aircraft manufacturers and high-end foods in China’s fast-growing express delivery market. Many of these opportunities come from China’s soaring economy and application of information technology. Frederick Smith, Chairman and CEO of FedEx Corp, said FedEx has found new market growth points in China’s high-end manufacturing industry, such as providing timely delivery of airplane parts and industrial equipment from developed markets to China, as well as expanding its facilities for health-related products at its Shanghai international hub. As the operator of the world’s largest cargo airline, FedEx has continued to work with Shanghai Airport (Group) Co to establish an upgraded international express and cargo hub in Shanghai. After its completion in 2015, the new hub is expected to more than triple the capacity of the current FedEx facility in Shanghai, allowing it to process up to 36,000 documents and parcels per hour. With an investment of more than USD100 million, the new hub in Shanghai is a major step to expand the FedEx network and service offerings throughout the Asia-Pacific region. In China, FedEx has more than 9,000 employees and operates more than 110 service stations. Rival United Parcel Service (UPS) is also looking to maintain the upper hand in China’s rising delivery market for healthcare products and is planning to add another 14 inner-city express services in the country this year. UPS is expanding in the healthcare logistics field, the China Daily reports. UPS has expanded urban express services to 19 first- and second-tier cities in 2013 and expects to reach 33 cities by the end of this year. The company operates 208 weekly flights connecting China to the U.S., Europe and destinations across Asia.
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