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"Around The World" Flight Added for Asia Service


WEBWIRE

Reinforces Singapore’s Role as a Regional Hub

UPS (NYSE:UPS) today announced it would launch a new “around the world” flight this summer to further enhance service between Singapore and growing markets in the Middle East, Europe and the United States.

The new flight will allow UPS to enhance its service by improving pick-up times and providing more airlift in response to customers’ demands. Customers shipping from Singapore to Europe and Mumbai, for example, will gain a later pick-up time of 8 p.m. each day.

Starting in July, UPS will operate five additional weekly frequencies that connect the globe using MD-11 aircraft. Each week, the aircraft will connect Singapore to major trading markets in Europe, the Middle East and the United States by flying from the company’s European air hub in Cologne, Germany. From there, the flight connects to Dubai, Bangkok, Singapore and Mumbai. The flight also will connect to the company’s international air hub in Louisville, Ky., from Cologne.

With UPS’s 11 existing “around the world” flights, the total number of worldwide flights now increases to 16 per week.

“Singapore continues to be an important market for UPS in Asia and we are constantly looking at ways to expand our service for customers whether they require express, air freight, ocean freight or distribution and logistics options,” said Alan Gershenhorn, president of UPS International, who is in Singapore to celebrate UPS’s Centennial with employees and customers.

“In a century of service, UPS has evolved from a small messenger business to become a trusted partner for companies doing business around the world and we remain committed to helping our customers efficiently manage their complex global supply chains,” Gershenhorn added.

“The new flights are part of our aggressive efforts to extend service options for customers in Singapore and is a testament of UPS’s commitment to growth in Singapore,” said Mary Yeo, managing director of UPS Singapore. “They also support the growing trend of trade between South Asia and the Middle East and Europe by providing businesses with greater access to the regions.”

In the 2007 UPS Asia Business Monitor survey, which measures the views of small- and medium-sized enterprise business leaders, some 81 percent of those surveyed in Singapore said they expect trade volume with the Middle East to increase.

“This service enhancement, in addition to the new UPS distribution and logistics center at the Airport Logistics Park of Singapore (ALPS), further supports the Singapore government’s vision to make the country a regional logistics hub,” added Yeo.

Measuring 425,000 square feet, the ALPS facility is one of UPS’s key operations centers in the region and provides air and ocean freight as well as logistics and specialty services such as critical parts distribution, final kitting of products before distribution, returns and repair and warranty management. Large shipments can be shipped to Singapore and then quickly broken down into smaller shipments for rapid re-distribution to their final destinations.

UPS is celebrating its 100th anniversary throughout 2007 and chose Singapore as the first stop in the Asia Pacific Region for the celebration, which will revolve around a mobile Centennial exhibition to be unveiled to UPS employees during an event at the Singapore Expo on May 19. More than 2,000 employees and their families are expected to attend the event.



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