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Stock impact report

UPS Boosts Its Presence in Asia Pacific With New Logistics Center [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
To this end, UPS has announced the opening of its largest and technologically-updated logistics center in the Asia Pacific, the UPS Taoyuan International Logistics Center (TILC). UPS' investment in the TILC amounts to almost $100 million. Applied Materials (one of the leading semiconductor and display equipment companies across the globe) utilizes the TILC as its Asia continental distribution center. TILC: Inbuilt Features & Other Details The new logistics centre features advanced automation technology, a full suite of value-added capabilities, and state-of-the-art storage and warehouse management solutions for customers in a wide range of industries. TILC also has a fleet of autonomous mobile robots (AMR), which are designed to operate tasks such as pick and pack and inventory management. Usage of AMRs can be beneficial because it leads to productivity gains as well as enhances the customer experience. TILC spans more than 81,000 square meters of floorspace and is more than Show less Read more
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