UPS gears up for expanded regional traffic

United Parcel Service Inc, the world's largest package delivery company, has vowed more money and resources to improve the carriage of high-tech and high-end consumer products between China and other APEC economies over the next three years.

David Abney, the company's CEO, said that as Chinese companies continue to emerge as serious global high-tech manufacturers, the US-based company plans to offer more service options to help companies better serve their customers across the region.

"With the growth in Chinese demand for high-end consumer and healthcare products, and from e-commerce, the scale of these businesses will continue to surge over the next three years and we believe that successful logistics will be critical," Abney said.