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UPS Adds Two China Distribution Facilities as Asia Network Grows
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<blockquote data-quote="cheryl" data-source="post: 1185005" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2013-08-13/ups-adds-two-china-distribution-facilities-as-asia-network-grows.html" target="_blank"><strong>UPS Adds Two China Distribution Facilities as Asia Network Grows - Bloomberg</strong></a></p><p></p><p>United Parcel Service Inc., which gets about a quarter of its revenue from overseas, is adding two distribution facilities in China, bolstering its operations in the world’s most populous nation. </p><p></p><p>“It’s about longer-term demand within China,” Jim Barber, 53, president of UPS International, said in an interview. “They need goods and services, and logistics is a piece of that. Every economy in the world is in a state of flux. Two new facilities in an economy like China makes sense for us.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 1185005, member: 1"] [URL="http://www.bloomberg.com/news/2013-08-13/ups-adds-two-china-distribution-facilities-as-asia-network-grows.html"][B]UPS Adds Two China Distribution Facilities as Asia Network Grows - Bloomberg[/B][/URL] United Parcel Service Inc., which gets about a quarter of its revenue from overseas, is adding two distribution facilities in China, bolstering its operations in the world’s most populous nation. “It’s about longer-term demand within China,” Jim Barber, 53, president of UPS International, said in an interview. “They need goods and services, and logistics is a piece of that. Every economy in the world is in a state of flux. Two new facilities in an economy like China makes sense for us.” [/QUOTE]
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