UPS and SF Holding announce joint delivery service

Chinese courier service SF Holding has struck a joint venture agreement with UPS to boost services between China and the US. China Daily reports that the country’s largest delivery service – alongside the world’s largest express provider in UPS – will link SF’s “extensive” Chinese network to the more than 220 countries and territories covered by UPS. Chief commercial officer at UPS Alan Gershenhorn is quoted as saying the deal will help “penetrate” small- and medium-sized businesses in China.