UPS and FedEx make big steps in China

Somewhat old news, but news nonetheless, Air Cargo News reports both UPS and FedEx making substantial investments in China, with UPS investing an estimated USD 500 million to create a hub in Shanghai-Pudong airport while FedEx plans to invest about USD 150 million in building a facility at Guangzhou's Baiyun International Airport, which would be FedEx's largest Asia-Pacific hub.

While both integrators are targeting completely different areas of China, the investments signal the growing importance of the Chinese domestic and international market in their current and future plans.