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United Parcel Service Inc on Thursday announced plans to form a joint venture agreement with Chinese express delivery firm SF Holdings, laying the groundwork to expand shipping services from China to the United States.
SF Holdings, parent company of SF Express, is often called China’s answer to UPS rival FedEx, and is the dominant package delivery company within China. It also delivers to more than a dozen countries, including the United States and Japan.
- Establishes a platform to support the creation of innovative new-to-market B2B and B2C products and services enhancing market access, initially between China and the US, with plans for further global market expansion
- Products supported by the joint venture will leverage the parent companies’ networks, product portfolios, technologies and supply chain expertise
- Customers in China to be offered more international shipping options, transit times and services, enhanced visibility and control of international shipments, and cohesive customer care at origin and destination
- Joint venture subject to regulatory approval
It is no secret that many think drones – or, to use their technical descriptive, unmanned aerial devices (UAVs) – prove an ideal delivery platform for small packages.
Indeed, there’s been significant testing of them lately for such service: DHL with its “parcelcopter” in 2014 and United Parcel Service with its parcel car-drone combination earlier this year offer up but two commercial examples.