TNT invest in Asia Road Network
TNT will put new 12 Scania R-series trucks on Southeast Asian roads in 2010. The move is part of a new €4.5m investment to expand capacity on its Asia Road Network, which covers 127 cities in six countries, from Singapore to China.
TNT saw volumes increase 70% year-on-year in January on the 7,650 km long network.
Shipments include a growing proportion of high value electronic and health care products.
2010 marks the fifth birthday of TNT’s Asia Road Network, which was created as a middle-choice between air and sea transport.
International and domestic road freight volumes in Asia are set to grow by 8.4% a year through to 2014, according to L.E.K. Consulting.