UPS International Inc (UPS) would bring the same service standard to Taiwan’s rural areas as it expands its service coverage in the nation, a local executive said yesterday.
UPS said it would expand its same-day, next-flight-out services to smaller-sized businesses in Chiayi and Yunlin that rely on export markets, such as Europe and North America.
Parcel pickup times for same-day-deliveries have also been extended from noon to the afternoon, the company said.
Previously, UPS had relied on local vendors for door-to-door parcel pickups in rural regions, but the arrangement had many limitations depending on each partner’s capabilities, UPS International Inc’s Taiwan branch president Wayne Pi (畢中偉) told reporters.
To enable the service upgrade, UPS has forged more comprehensive ties with local vendors, Pi said.
Under the new arrangement, UPS would select one exclusive partner for each local market, who would be brought under the fold of the US-headquartered logistics giant.
“We would provide training as well as access to the company’s operating procedures and backend systems,” Pi said, adding that the selected partners’ delivery staff and vehicles would don UPS’ signature brown liveries.
However, in exchange for a guaranteed sales volume, the partner would work exclusively under the UPS flag and cannot take on new clients independently.
The new arrangement is designed to expand UPS’ presence in Taiwan without adding significant headcount, Pi said.
It has been implemented in 16 townships and 184 postal codes in Changhua, and would be extended to Chiayi and Yunlin before the end of this year, UPS said.
This would expand UPS’ service coverage in Taiwan by 72.9 percent and its fleet of delivery vehicles is to rise by 25 percent, Pi said.
He added that the new arrangement would benefit many of the nation’s small-scale specialty suppliers in rural areas which have been hampered by a lack of access to international delivery services.
These include makers of high-end cycling accessories and replica airsoft guns, whose products are shipped in small volumes across the globe, Pi said.
Taiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. The central bank attributed the drop to a combination of factors such as outflows by foreign institutional investors, currency fluctuations and its own market interventions. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign
ENERGY ISSUES: The TSIA urged the government to increase natural gas and helium reserves to reduce the impact of the Middle East war on semiconductor supply stability Chip testing and packaging service provider ASE Technology Holding Co (日月光投控) yesterday said it planned to invest more than NT$100 billion (US$3.15 billion) in building a new advanced chip testing facility in Kaohsiung to keep up with customer demand driven by the artificial intelligence (AI) boom. That would be included in the company’s capital expenditure budget next year, ASE said. There is also room to raise this year’s capital spending budget from a record-high US$7 billion estimated three months ago, it added. ASE would have six factories under construction this year, another record-breaking number, ASE chief operating officer Tien Wu
The EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives, such as minimum prices, that could advantage non-Chinese suppliers, according to a draft of an “action plan” seen by Bloomberg. The EU and US would also cooperate on standards, investments and joint projects, as well as coordinate on any supply disruptions by countries like China. The two sides are additionally seeking other “like-minded partners” to join a multicountry accord to help create these new critical mineral supply chains, which feed into
For weeks now, the global tech industry has been waiting for a major artificial intelligence (AI) launch from DeepSeek (深度求索), seen as a benchmark for China’s progress in the fast-moving field. More than a year has passed since the start-up put Chinese AI on the map in early last year with a low-cost chatbot that performed at a similar level to US rivals. However, despite reports and rumors about its imminent release, DeepSeek’s next-generation “V4” model is nowhere in sight. Speculation is also swirling over the geopolitical implications of which computer chips were chosen to train and power the new