March 30, 2005
The head of United Parcel Service in Taiwan says that the express delivery giant sees great potential for expanding its business among Taiwan's small and medium enterprises this year. UPS experienced a stellar year in 2004, especially in Asia, and is preparing to build on this success by further improving its services and expanding its client base.
UPS says that small and medium enterprises are the backbone of Taiwan's economic strength, spurring growth, production and innovation, and the delivery company must therefore develop its services to meet the needs of these numerous enterprises.
In addition to upgrading its technological services in order to respond rapidly customer needs, UPS will introduce on-line services in the first half of the year. These moves will enhance the logistical management capabilities of its customers. It also intends to introduce supply chain and small parcel solutions that target small and medium enterprises.
UPS posted a record-high
USD 36.6 billion in revenues, with net profits growing by 15%, in 2004. The company's total global cargo volume also reached a new high of 3.6 billion parcels. The delivery giant saw its greatest improvement last year in international parcel delivery, with its revenues from these operations rising 23% to
USD 1.9 billion. Its average daily international shipments increased 13.5%. In Asia, this figure shot up by 34%.
(United Daily News)
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