UPS, a global logistics company, has announced a series of network enhancements implemented across Asia to support Asian businesses to further expand globally.

The announcement was made following strong company- wide growth in the first half of 2018 and International Monetary Fund’s recent global economic outlook that anticipates Asia to maintain its robust performance with growth at 6.5 per cent in 2018 to 2019.

The enhancements target shorter transit times, greater geographical reach, alternative delivery locations and more flexible operating hours.

“Shifting geopolitical forces, free trade agreements and a surge in connectivity through new technologies and physical infrastructure have allowed businesses from practically every market, including those in Asia, to take their products and services to customers anywhere in the world.

“By making investments in our Smart Logistics Network in Asia, we aim to lay the foundation for more Asian businesses to expand their reach internationally, especially to other markets within our region as increased intra-Asia trade offers a buffer against headwinds from global trade and policy uncertainties,” said UPS Asia Pacific Region president, Ross McCullough.

In the past 12 months, UPS has made a swathe of investments in Asia, including service expansions across thousands of postcodes throughout China, Taiwan, South Korea, Thailand and Vietnam.

They have also launched a new rail freight service between Hong Kong and Europe and expanded the China-Europe rail service with nine new stops and increased retail access points in Malaysia by 70 per cent to almost 180 across 43 towns.

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