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UTA expands cashless refuelling network
MOSCOW: June 19, 2018: Union Tank (UTA) has expand...

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CMA CGM acquires Finnish shortsea operator
MARSEILLE: June 20, 2018. CMA CGM is to acquire Co...

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Turkish Cargo helps cherry exporters
OSLO: June 20, 2018. Turkish Cargo has begun deliv...

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FedEx makes US$6.6 billion Boeing order
SEATTLE: June 19, 2018. FedEx Express has announce...

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Breakbulk Europe 2018 smashes attendance record
BREMEN, Germany: June 18, 2018. Breakbulk Europe s...

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DHL Freight goes green with LNG trucks
BONN, Germany: June 18, 2018: DHL Freight has cont...

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Brussels Airport gearing up for 60th birthday bash
BRUSSELS: June 18, 2018: This year sees Brussels A...

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Jet Airways takes off under RCS
ALLAHABAD, India: June 14, 2018. Jet Airways has c...

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Panalpina continues Latam expansion with Newport buy
BASEL, Switzerland: June 15, 2018. Panalpina has c...

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UTA expands cashless refuelling network
CMA CGM acquires Finnish shortsea operator
Turkish Cargo helps cherry exporters
FedEx makes US$6.6 billion Boeing order
Breakbulk Europe 2018 smashes attendance record
DHL Freight goes green with LNG trucks
Brussels Airport gearing up for 60th birthday bash...
Jet Airways takes off under RCS
Panalpina continues Latam expansion with Newport buy

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ATLANTA: September 28, 2017. China's Ministry of Commerce has approved a SF Expressproposed joint venture between UPS and SF Holding, the parent company of SF Express, to combine 13,000 service points across 331 cities in China with the UPS network in 220 countries.

The two companies will now collaborate on the initial provision of international delivery services from China to the U.S. as a continuation of their collaboration that began in 2015 when SF's Heike retail stores in Shanghai and Shenzhen offered UPS international express services.

"We're delighted to help the many customers in China who will now be in a position to trade more easily across borders and better compete on the global stage thanks to product offerings from the UPS and SF joint venture," said Ross McCullough, UPS president Asia Pacific. "UPS has an aggressive multi-year growth plan in China. This JV is highly symbolic of UPS's confidence in long-term growth opportunities in China," he added

"The establishment of this joint venture boosts global expansion of Chinese enterprises beyond local borders," said Alan Wong, SF group vice president. "SF and UPS are able to maximize the strengths of both companies to continuously innovate and create more competitive products that deliver strong value for customers."

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