UPS said Monday it will develop a large express cargo hub at Hong Kong International Airport that will improve shipping service and connectivity in the South China and Asia-Pacific regions.
The Hong Kong airport authority agreed to lease UPS a 215,000-square-foot parcel for the fully automated air hub, which will have better access to freighter aircraft carrying imports, exports and transshipment cargo.
UPS (NYSE: UPS) said the facility, which will be about four times larger than its current...
https://www.freightwaves.com/news/ups-to-quadruple-size-of-hong-kong-airport-express-facility