United Parcel Service has acquired Asian Courier...

United Parcel Service has acquired Asian Courier Systems, which operates in Hong Kong, Malaysia, Singapore, Taiwan and Thailand. The acquisition, for an undisclosed price, significantly expands UPS’ Pacific Basin distribution routes beyond Japan. ACS has been absorbed into the UPS delivery network and now operates under the Greenwich, Conn., company’s name.

UPS said it has established Pacific Basin air hubs in Hong Kong and Singapore. Its new delivery areas also include Indonesia, Papua New Guinea, South Korea, Australia, China, Macao, New Zealand and the Philippines. The carrier also added some new European destinations, bringing the total number of countries it serves to 41.