UPS AIRLINES HAS signed a memorandum of understanding to establish a $400 million Asia-Pacific hub in Taiwan. The hub is expected to become operational later this year

UPS, says that it needs a "centrally located" Asia-Pacific hub, to support its growing business in the region, and Taiwan is the "best possible geographic location". The fast-package carrier says that its international business is now growing at a rate of more than 20% a year.

UPS, operates aircraft between the USA and Hong Kong, Japan, Malaysia Singapore, South Korea and Taiwan. The new US/Japan cargo bilateral will allow the carrier to connect Japan with its service network in Asia.

Source: Flight International