English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

UPS expands forwarding in Myanmar

PRESS RELEASE

August 19,2014: UPS today announced the expansion of inbound and outbound air and ocean freight services in Myanmar for the first time. Global customers trading to and from this emerging market will have access to UPS's extensive supply chain technologies and services, which initially will include UPS Air Freight Direct, UPS Air Freight Consolidated, Full Container Load and Less-than Container Load services.

"UPS works closely with our customers and they have expressed a need for reliable freight services from Myanmar that will connect them to markets worldwide," said Mary Yeo, vice president of Supply Chain Operations, UPS South Asia District. "Businesses in Myanmar can tap into UPS's global logistics expertise, extensive network and technologies while relying on our air freight and ocean freight services."

As Myanmar begins its economic transformation with aims to become a new manufacturing market, and its businesses integrate into global supply chains, demand for freight services is expected to skyrocket. According to the International Monetary Fund (IMF), Myanmar has a growth potential of 8.5-percent in the fiscal year of 2014 to 2015.1

"Asia continues to evolve as new markets emerge and mature markets move up the value chain," added Jeff McCorstin, president of Global Freight Forwarding, UPS Asia Pacific. "UPS's offering in Myanmar underscores our longstanding efforts to strengthen our service offering in Asia and to integrate emerging markets into the global supply chain."

More News

Written on 19/05/2017, 22:01
apl-makes-a-profit-for-cma-cgmMARSEILLE: May 19, 2017. CMA CGM has reported a 35.9 percent year-on-year increase in Q1 2017 revenue to US$4.62 billion. The result includes APL figures...
Written on 19/05/2017, 17:41
no-more-need-for-sia-cargoSINGAPORE: May 19, 2017. The Singapore Airlines Group (SIA) has reported a 55.2 percent drop in net profit to S$360.4 million for its 2016/17 financial...
Written on 19/05/2017, 15:01
kalitta-adds-b747-and-b737-freighter-capacityYPSILANTI, MI: May 18, 2017. Air cargo operator Kalitta Air has taken delivery of the first of two leased 747-400F factory-built freighters from GE...
Written on 18/05/2017, 20:24
air-cargo-boom-for-garudaJAKARTA: May 17, 2017. Garuda International has reported a 19.5 percent increase in Q1 2017 cargo revenue to US$56.2 million. Despite a 6.2 percent rise...
Written on 16/05/2017, 15:55
oman-air-signs-sales-agreement-with-globe-air-cargoMUSCAT: May 16, 2017. Following its participation at transport logistic last week, Oman Air Cargo has announced Globe Air Cargo, an ECS Group subsidiary,...
Written on 15/05/2017, 23:20
freightweek-news-may-15-19-2017BIRMINGHAM, UK: May 18, 2017. Emirates SkyCargo has operated a B777 freighter from Birmingham airport in the UK to Chicago as part of a new bespoke...
Written on 15/05/2017, 20:19
saudia-cargo-part-of-record-showcase-at-transport-logisticMUNICH, GERMANY, May 15, 2017: During transport logistic 2017 last week, Saudia Cargo celebrated "Saudi Nights' - an age-old Bedouin tradition "created...
Written on 11/05/2017, 19:09
klm-and-cargonaut-test-smart-data-checkerMUNICH: May 10, 2017. A new smart technology compliance checker developed by Cargonaut to detect data errors in airwaybills is proving successful,...
Written on 11/05/2017, 17:16
maersk-back-on-the-growth-curveCOPENHAGEN: A.P. Møller - Mærsk has reported a Q1 net profit of US$253 million on a five percent increase in year-on-year revenue to US$8.96...
Written on 11/05/2017, 16:21
emirates-group-optimistic-as-profit-fallDUBAI: May 11, 2017. Emirates Group has reported a net profit of US$670 million on revenue of US$25.8 billion for its 2016/2017 fiscal period – a...
Written on 10/05/2017, 19:18
dnata-buys-cold-store-airlogistixDUBAI: May 10, 2017. dnata is to acquire perishables cargo handler AirLogistix USA based at George Bush Intercontinental Airport, Houston. The company's...
Written on 10/05/2017, 17:36
more-flights-capacity-and-hub-services-from-qatar-cargoDOHA: May 10. 2017. Qatar Airways Cargo is to begin a weekly A330 freighter service to London Heathrow on June 03 this year, in addition to its London...
Written on 08/05/2017, 21:38
dhl-opens-stuttgart-rail-centerBONN: May 08, 2017. DHL Global Forwarding has opened a rail competence center in Stuttgart to coordinate its growing rail business between Germany and...
Written on 08/05/2017, 18:57
freightweek-news-from-transport-logistic MUNICH: May 12, 2017. transport logistic reported record attendance this week - over 2,100 exhibitors from 62 countries and 60,000 visitors from...
Written on 05/05/2017, 15:45
atlas-air-off-to-an-exciting-start-in-2017PURCHASE, NY: May 03, 2017. Atlas Air Worldwide Holdings (AAWH) has reported a net loss of US$752,000 on revenue of US$475.4 million for Q1 2017....
Written on 04/05/2017, 21:04
corporate-news-updateROME: May 02, 2017. Etihad Airways said it was disappointed that despite significant investments in Alitalia, the Italian airline has entered...
Written on 03/05/2017, 21:22
panalpina-makes-a-new-connection-in-kenyaBASEL: May 03, 2017. Panalpina has agreed to purchase Air Connection, a Kenya-based forwarder of perishables, following the acquisition of Danish ocean...
Written on 03/05/2017, 19:02
hamad-port-gets-first-ocean-alliance-callQATAR: May 03, 2017. The Ocean Alliance has made its first direct service to Hamad Port, Qatar with the calling of the 10,500 TEU box ship CMA CGM...
Written on 03/05/2017, 14:25
new-fresh-fish-service-to-tel-avivISTANBUL: May 03, 2017. Turkish Cargo has begun a A310 freighter service between Izmir and Tel Aviv for same-day delivery of fresh fish exports from the...
Written on 28/04/2017, 17:00
maersk-line-gets-go-ahead-to-purchase-hamburg-suedCOPENHAGEN: April 28, 2017. Maersk Line is to go ahead with the purchase of Hamburg Süd for €3.7 billion in cash following Board approval by both...

- powered by Quickchilli.com -