UPS pins hopes on intra-Asia traffic

Discussion in 'The Latest UPS Headlines' started by cheryl, Sep 2, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS pins hopes on intra-Asia traffic - Cargo News Asia

    United Parcel Service believes the current growth of containerised cargo and air freight is merely the start of an upward climb and expects a trade boom in the next few years.

    "More than 40 percent of global trade now takes place between APEC (Asia-Pacific Economic Co-operation) members," said UPS regional vice-president of international trade services James Goh, adding that "rapid growth is expected to continue, especially after the region had shown its resilience with an early recovery from the recent economic crisis".