UPS is slated to expand its global reach following a new agreement with Airport Authority Hong Kong (AAHK) to develop a new hub.
The hub will improve customer service and be based at Hong Kong International Airport, revealing the news in a release.
A Transformational Facility
UPS says that the new facility, which is expected to be completed by 2028, will be built on a land parcel of 20,000 square meters. Additionally, there’ll be direct access to aircraft.
The new hub is also slated to be UPS’ main facility for processing and sorting important transhipments. This will be highlighted through the operation to and from the United States and other parts of Asia and Europe.
The mission will handle close to 1 million tons of annual capacity at completion. As a result, better connectivity will occur for UPS and its global customers. However, Hong Kong and the Greater Bay Area should see enhanced but reliable connectivity.
This connectivity will also extend to the Asia-Pacific market thanks to the geographical positioning of the new upcoming hub.
More Details Of The New Facility Emerge
UPS notes that the facility is expected to be fully automated and will be powered by state-of-the-art and environmentally friendly sorting and scanning technology.
The Greater Bay Area is experiencing substantial growth, and UPS believes it’ll be well-positioned to meet this. The Hong Kong facility will allow for streamlining its presence in the region, too, as facilities will close to concentrate on this one streamlined hub.
UPS’ Growing Fleet
UPS has a staggering 287 aircraft in service with seven units in storage, per the latest data.
This substantial operation sees UPS as a mainstay in the air freight market with flights worldwide. The company flies multiple freight types, from the MD-11F to the A330-600RF.
Its freight fleet includes operations with the Boeing 747 Freighter, precisely 28 of the next-generation 747-8Fs and 13 active 747-400Fs.
When measured by active units, its two most extensive fleet types are the 767-300ERF with 84 units, and 74 757-200Fs follow this.
Comments From Executives
Hong Kong continues to be an engine of growth and a critical part of UPS’s global smart logistics network. This new hub, along with our existing operations at Shenzhen Bao An Airport, demonstrate our continued commitment to Asia. We will continue to invest in areas of our network that bring unique value to our customers and create additional growth opportunities for UPS.Daryl Tay, president of UPS North Asia District.