‘The Big Brown Machine’ to Open International Air Hub in Shanghai
The largest package delivery company of the world, UPS, is planning to build a transport hub in Shanghai, China to connect China with its international network.
International package delivery company United Parcel Service Inc (UPS) inked an agreement confirming the building of a transport hub in Shanghai, connecting China to its worldwide network.
China, with its soaring economy, will construct and expand airports and enhance its fleet at a staggering rate from 2007. The country will construct around 59 airports in the coming three years, making the total number to 205 by the end of this decade, said the Civil Aviation of China (CAAC).
Sorters will manage 17,000 packages per hour by 2012 and the employment figure at the hub projected to go beyond 1,000 employees by 2010, said UPS. The capacity will also be expanded further by replacing the currently used smaller MC-11 jets with Boeing 747-400 freighters.
Ken Torok, president, UPS Asia-Pacific, stated at a signing ceremony as reported by Chron on April 11, 2007 that the UPS International Air Hub would connect China to global markets more rapidly and efficiently.
UPS, the Atlanta-based company, has infused $600 Million in China in the last five years and asserts to fly to more destinations in China than any other passenger or freight airline from US.
The strong growth in the dragon country has been boosted by an air services agreement between US and China in 2004 that removed all restrictions on cities and schedules US and Chinese carriers can work for in the two nations.
The Airports Council International (ACI) also expects that growth in Asian region will drive the global airfreight to grow triple-fold by 2025. The latest report by ACI said, as reported by Purchasing in the April first week, that high growth in the manufacturing sector in the Asian nations, like India and China, is projected to fillip this growth but airfreight flows are expected to remain uneven with most of the freight amount outward bound from Asia.
International Air Freight and Express Industry Performance Analysis by Air Cargo Management Group (ACMG) reveal that Chinese airlines are raising their interest in the airfreight market. Also, the more established and even new airlines in Middle East and India are showing an increasing interest in the airfreight operations.
The Airports Council International (ACI) also expects that growth in Asian region will drive the global airfreight to grow triple-fold by 2025. The latest report by ACI said, as reported by Purchasing in the April first week, that high growth in the manufacturing sector in the Asian nations, like India and China, is projected to fillip this growth but airfreight flows are expected to remain uneven with most of the freight amount outward bound from Asia.
International Air Freight and Express Industry Performance Analysis by Air Cargo Management Group (ACMG) reveal that Chinese airlines are raising their interest in the airfreight market. Also, the more established and even new airlines in Middle East and India are showing an increasing interest in the airfreight operations.