News

VSHIP news section provides latest news, information and digital developments of the logistics industry to help you keep up to date on the latest developments of the industry.

UPS expands capacity on Hong Kong to Europe hub in Cologne

05/03/2019

UNITED Parcel Service (UPS) has increased capacity on its Hong Kong to Cologne route by deploying the larger Boeing 747-8 aircraft.

"The total export market value between Hong Kong and Europe grew by over seven per cent in 2018 according to the Hong Kong Census & Statistics Department. We can help businesses of all sizes take advantage of such cross-border trade opportunities," said Hong Kong and Macau managing director Lauren Zhao.

"At the same time, Hong Kong is an attractive growth market for European businesses as the European Union continues to engage with Asia through bilateral free trade agreements in Japan, Singapore and Vietnam."

This deployment of three Boeing 747-8s through August 2019 replaces existing Boeing 747-400s, and increases aircraft capacity by 19 per cent, on four weekly direct flights. The upgraded flights are a result of investments to expand UPS's global air cargo capacity.

UPS is adding a total of 40 additional aircraft to its fleet, including 28 Boeing 747-8 aircraft, to increase its intercontinental air express capacity.

Source : shippingazette.com