UPS Chairman and CEO Mike Eskew says Hong Kong is a world class hub for logistics and transportation

UPS chairman and CEO Mike Eskew launching the inaugural flight in late October said: "Hong Kong has always been a city of entrepreneurs. "That is why when UPS decided to come to Asia, Hong Kong was one of the first Asian cities in which we established operations."

World-class transportation and logistics hub

"Hong Kong is a world class hub for logistics and transportation, where goods flow in and out. It is a telecommunications hub, a crossroads of free information exchange. It's Asia's leading financial hub, and one of the freest economies in the world."

He said Hong Kong's strategic position at the mouth of the Pearl River Delta had created a unique "dual-carriage" role for Hong Kong reinforced by the recent signing of the Closer Economic Partnership Arrangement (Cepa). "As the gateway to China for foreign companies, and as China's gateway to the world, Hong Kong holds a truly unrivalled role as Asia's enabler of global commerce."

Mr Eskew said tighter integration with China and within Greater China was crucial for Hong Kong, as closer cooperation would promote the free flows of goods, information and funds.

"Given its unique strength, Hong Kong is well-positioned to facilitate this synchronisation and to navigate the turbulence of an increasingly fast-paced business world," he said.

UPS six-weekly flights were awarded following last year's agreement between Hong Kong and the US giving U.S. air-cargo carriers expanded rights to carry goods to and from Hong Kong and countries beyond.
    
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