IanDue to the increase in supply chains
and e-commerce spending in the Asian continent, UPS anticipates
drastic growth in the Asian logistics sector.
The manufacturing that drove the
economic success in Asia has led to the creation of opportunities for
the middle class.
Asia is seen as the next growth hub for
all segments, intents and purposes.
The steadily burgeoning number of small
and medium-sized companies in Asia are about to be tapped into in an
unprecedented style.
Asian growth triggers global economies
in large scale. UPS says that this trend will play an important role
in its growth strategy.
UPS believes that small and medium
companies no longer have to be just suppliers to the big players,
instead it can choose to communicate directly with the end consumers.
In 2014, Asia had reached $580 billion
in online purchases surpassing North America’s online purchases for
the very first time.
Online shopping is projected at $1
trillion in Asia by 2017.
UPS is determined in taking advantage
of this regional and sectoral growth by investing toward increasing
overall capacity, making improvements to efficiencies, and enabling
strategic and accountable growth portals in Asia.
Having its foundations set out as early
as 1907, UPS is the world’s largest package delivery company. It is
also the leading global provider of transportation for specialised
logistics services.
Earlier this month, UPS expanded its
services in Myanmar.
Jim O’Gara, President of South Asia
District, UPS, said, “Trade is a key driver of continued economic
growth and this expansion reinforces our commitment to helping
businesses create a competitive advantage through logistics.”
He also adds, “The expanded service
portfolio in Myanmar strengthens UPS’ service offering in the
emerging markets of Asia. With the regional economic integration
gaining momentum and Myanmar’s strategic location close to China,
India, and other ASEAN markets, we are helping businesses broaden
their reach as Asia drives the growth in international trade.”
With unparalleled technology, access to
the best infrastructure, and a robust integration of physical,
technological, and human resources, UPS is a powerful carrier,
helping you to earn a reputation with your customers and grow your
business.
