China Ups Delivery Service to the U.S.
Two leading express companies are joining forces to leverage their complementary networks, service portfolios, technologies, and logistics expertise. China's Ministry of Commerce approved a planned joint venture between UPS and SF Holding, the parent company of SF Express. The agreement allows UPS and SF to collaborate on developing and providing international delivery services from, initially, China to the United States, and, in the future, to other trade lanes.
UPS is the world's largest express delivery company and a major global supply chain integrator. SF is China's market leader in express delivery, with extensive China-wide network coverage, comprehensive service capabilities, and the highest brand recognition in the Chinese small package industry. The newly approved joint venture continues a UPS and SF collaboration that began in 2015, when UPS Worldwide Express service was made available at SF's Heike retail stores in Shanghai and Shenzhen.
Aligning the two transportation networks provides global shippers with greater coverage, additional routing options, increased capacity, and more choice in transit times and service options.
Shippers seeking an economical solution for less-urgent shipments can opt for Global Reach Plus, the new joint venture's deferred express product that features the full visibility and reliability of a premium express service.