Satir Invests in Ireland
Shanghai-based infrared and thermal imaging camera maker Satir has set up a 40-person logistics hub in Dundalk, Ireland. The Irish subsidiary will be called SAT Europe, and control the company's product distribution for Europe, the Middle East, and Africa. Satir develops and produces infrared cameras for industrial and commercial usage.
UPS Moves Asia Hub to Shenzhen
UPS has said it will relocate its intra-Asia air hub from the
Philippines to Shenzhen, to "improve customer service and increase
efficiency." When opened in 2010, the USD180m Shenzhen site will be
capable of processing up to 18,000 parcels per hour - more than twice as
many as currently in the Philippines.