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UPS Logistics Settles in SIP

Suzhou UPS Logistics Co., Ltd., invested by UPS International Supply Chain (Asia) Co., Ltd., was issued the business license of legal representative of the enterprises on July 26. The company was registered at 200 Central Suhong Road, SIP, with 920,000 US dollars registered capital. The company will provide information consulting on warehousing.

It is the second project of UPS International Supply Chain (Asia) Co., Ltd. in SIP. Previously, it invested US$ 850,000 to set up Suzhou Fanyi Logistics Co. in SIP Bonded Logistics Center.

The parent company of UPS International Shipping (Asia) Co., Ltd. is the UPS United Express Co., the world's largest express package delivery company, which provides shipping, logistics, capital, and electronic commerce services and manages the logistic and capital flow information across over 200 countries. According to Fortune magazine, UPS ranks at 128th place with US$ 47.547 billion business revenue. UPS is also the most famous and prestigious brand n the world.

Aug. 20, 2007

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