Despite the current volatility of the economic climate, United Parcel Service Inc., the world's largest package delivery company, will actively expand operations in Japan, according to the head of UPS Asia Pacific Region.
Although the domestic economy has been in the doldrums for some 10 years, Kenneth Torok, president of UPS Asia Pacific Region, believes it will rebound.
He also said UPS sees greater business opportunities at a time when many companies are busy cutting their distribution costs and are increasingly outsourcing inventory and warehousing management.