TNT Express Worldwide (Thailand) eyes 20 percent revenue growth
TNT Express Worldwide (Thailand) Co, the business-to-business express solutions provider, projects revenue to grow by 10 percent to 20 percent this year thanks to its domestic network expansion.
Marketing and commercial manager Ekkapong Na Ranong said TNT Express planned to increase its distribution depots in Thailand to 28 locations this year from 25 locations at present. However, the budget for setting up new depots was not finalised yet.
In addition, the company has launched a guaranteed express service in Thailand since Jan 1 that allows customers to send shipments weighing up to 500 kilogrammes for delivery before 9 am the next day.
The launch of the new service is possible because of the extensive network that TNT Express has built in Thailand over the last several years.
According to David Record, TNT Thailand’s country manager, the company has a presence in all major towns so it can provide a variety of products and services that enable customers to operate their businesses more efficiently.
Customers who choose the new service would pay 500 baht plus ordinary charges for TNT’s normal service, said Mr Record.
TNT planned to employ new service staff to operate the new service in Thailand, which requires longer working hours. The company also aimed to extend its Asia Road Network to China this year, he said.
He said TNT Express was not concerned that political uncertainties in the country would impede its growth in 2007 due to the fact that the inland transport industry would continue to grow every year as a result of internal and international trade expansion.
