DHL Global Forwarding rolls out Asian road freight network
DHL Global Forwarding’s integrated road freight network now links five key Asian cities: Singapore, Penang, Bangkok, Hanoi and Shenzhen. DHL AsiaConnect was first launched in 2011 connecting Singapore, Malaysia and Thailand – and now links to the existing Vietnam–China connection.
In a statement issued today (14 August), DHL said: “The new service taps the acceleration of road freight growth in Asia Pacific which is forecast at an anticipated compound annual growth rate of 8.3% from 2014-2019 and expected to drive the sector to a value of US$822 billion (EUR757 billion) by the end of 2019.”
Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific, commented: “DHL’s integrated road freight network touches five crucial Asian markets — Singapore, Malaysia, Thailand, Vietnam and China — which are expected to play prominent roles in China’s ‘One Belt, One Road’ and other initiatives in the region such as the ASEAN Economic Community.
Leung added: “We are confident that intra-Asia trade will continue to grow and our road freight network stands ready to support the potential trade expansion from these initiatives.”