UPS Expands Air Hub Capacity in Asia to Support Growing Cross-Border Trade
UPS is expanding its air hub capacity in three Asian locations—Hong Kong, Incheon, and Clark International Airport—to support growing cross-border trade. The company plans to build a new, highly automated hub in Hong Kong that will handle nearly 1.1 million tons of cargo annually and is expected to be completed in 2028. These expansions aim to improve operational efficiency and transit times despite a reduction in overall capital expenditures.
Tickers: $UPS
Topics: Asia capacity expansion infrastructure logistics UPS