UPS partners with AFL to tap Indian cargo market
United Parcel Service (UPS) said India's AFL has agreed to pick up international export shipments in the country, expanding UPS's reach in the world's second-fastest growing major economy.
UPS, the world's biggest package-shipping company, will displace Deutsche Post's DHL Worldwide Express as AFL's partner in India, following DHL's purchase of a majority stake in rival Indian shipper Blue Dart Express.
" India is exploding in terms of growth,'' said John Flick, a UPS spokesman. "This alliance is giving us more access in India and we provide rest-of-the-world access to AFL customers.''
The alliance will help UPS's bid for a greater share of the growth in exports of textiles and electronics from India, where its has a joint venture with Jet Airways ( India) known as UPS Jetair Express.
UPS shipments from India rose about 25 per cent in the third quarter. ( Gulf )