# Hong Kong is the largest cargo airport in the world and an area of continued growth for UPS.

*business · news · 2026-04-16 · FreightWaves*

## Key points

- UPS's new Incheon air cargo terminal quadruples facility size and increases parcel processing capacity 4.5 times.
- The new Incheon facility enables same-day clearance and delivery of regional imports on arrival.
- UPS's Incheon hub now offers temperature-controlled storage from -4 to -13 degrees Fahrenheit for sensitive goods.
- UPS is reducing overall capital expenditures even as it significantly increases investment in Asia-Pacific infrastructure.

**Companies:** UPS, FedEx
**Countries:** Hong Kong, China, South Korea, Philippines, India, Turkey, Saudi Arabia, France, Taiwan

[Read the full story on FreightWaves](https://www.freightwaves.com/news/ups-projects-to-boost-capacity-at-3-asia-air-hubs)

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