Wed, Apr 28, 2010 - Page 12 News List

US still Taiwan’s biggest market: UPS

By Joyce Huang  /  STAFF REPORTER

The US market remains the biggest end market for Taiwanese businesses, although their China-bound exports have greatly jumped, a UPS International Inc executive said yesterday.

On the back of improving economic fundamentals, UPS International’s Taiwan branch saw 50 percent year-on-year growth — the biggest rise in Asia — in the nation’s demand for China and Hong Kong-bound delivery services in the first quarter, the newly appointed general manager William Ng (黃偉賢) told a media briefing.

UPS’ China-bound delivery flights, however, only enjoy a utilization rate of 60 percent, compared with 100 percent for US-bound flights, he said.

The firm’s US-bound deliveries, which account for 50 percent of its outbound delivery business, have seen “double-digit growth [year-on-year] in the first quarter of this year,” Ng said. “This is an indication that the US remains an important end market [for Taiwan].”

Ng, a Malaysian who replaced Gary Wu (吳信翰) as general manager last month, was upbeat about Taiwan’s economic recovery, which he said would get a boost after the inking of a proposed trade pact with China.

“One of our [Taiwanese] high-tech corporate clients has even seen 90 percent growth year-on-year in exports in the first quarter,” he said, adding that “we believe the nation’s exports will continue to gather steam.”

This story has been viewed 2136 times.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top