UPS sees strong Q2 Asia growth, adds aircraft

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UPS sees strong Q2 Asia growth, adds aircraft - Reuters

United Parcel Service (UPS.N), the world's largest package delivery service, said on Tuesday it expected strong growth in the second quarter in its Asia business amid an improving regional economy.

UPS's Asia volume grew more than 20 percent in the first quarter with the fastest growth from the region's small- and medium-sized enterprises.

The volume growth in Asia remained "very strong," said Derek Woodward, UPS Asia Pacific President. But he declined to give further details.
 
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