Tag: Asia

Japan Post and Sankyu to form Joint Venture

Posted by | Mar 4, 2008 | |

Japan Post has announced that it will establish an international air cargo joint venture with Sankyu Inc.

The as yet unnamed joint venture, which will be owned by Japan Post Service (60%) and by Sankyu (40%), is expected to begin operations in July.

Sankyu will transfer its international air cargo operations to the joint venture.

The JV partners also plan to set up subsidiaries overseas.

Japan Post and Sankyu have co-operated on parcel services between Japan and the rest of Asia since 2004, with Sankyu collecting parcels overseas and Japan Post delivering in Japan.

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DHL Japan fuel cell car on display at FC Expo 2008

Posted by | Mar 3, 2008 | |

DHL and pilot user of the Daimler AG (DAG) vehicle was proud to contribute to the display of this environmentally-friendly vehicle by Mercedes-Benz Japan Co., Ltd. (MBJ) at the 4th Int’l Hydrogen & Fuel Cell Expo (FC EXPO 2008), which took place at Tokyo Big Sight from 27 – 29 February 2008. DHL has been using the model since July 2006 as part of its Green Logistics environmental initiative in Japan.

As part of DHL’s global green logistics initiative – launched in Japan in July 2006 – DHL Japan introduced the F-cell to its vehicle fleet. The F-cell, the world’s first mass-produced fuel-cell car, is modeled on the Mercedes-Benz A Class and is powered by compressed hydrogen. DHL has been testing the vehicle under actual working conditions by using it for the collection and delivery of documents in downtown Tokyo, especially in the bustling Otemachi district.

Data from the tests are collected by MBJ for use in systematic improvement and development of fuel-cell vehicles by DAG, the manufacturer. MBJ’s efforts are in accordance with the Japan Hydrogen & Fuel Cell Demonstration Project, which aims to verify and evaluate a variety of effects regarding the use of fuel-cell vehicles and hydrogen energy through actual use in business operations.

In Japan, DHL uses hybrid trucks and bicycles, as well as the F-cell vehicle, to help reduce its emissions of greenhouse gases.
DHL is steadily expanding its use of alternative fuels and promoting environmentally efficient transport methods in its ground, sea and air operations around the world.

The contract logistics arm of DHL – DHL Exel Supply Chain aims to reduce its CO2 emissions by facilitating partnerships between shippers and logistics suppliers under the Green Logistics Partnership Project.

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India Post plans global tie-ups to take on MNCs

Posted by | Feb 29, 2008 | |

India Post is all set to enter into a series of global partnerships to compete with international money services companies such as Western Union and global courier companies like FedEx. The postal department is in talks with its counterparts in the US, Switzerland, France, and Oman, among others, as it plans to tap the expertise of these countries in specialised financial services and replicate such offerings in India.

The logic: With nearly 82,000 post offices being computerised, the strong IT base will enable India Post to offer several value-added services in addition to full-fledged banking services. Partnerships with global majors will enable India Post to launch these value-added and modern ICT-based services.

Besides, with millions of expatriate workers of Indian origin in several countries sending huge remittances back home, the postal department is also going all out to tap this segment. More so, considering that India Post has the largest possible network of 70,000 branches in rural India alone.

For instance, India Post has already tied up with the postal service department of the UAE for speedy transfer of money orders between the two countries. While this facility is currently available only to a few sourthern states, it will soon be extended to all states in a phased manner.

The process to get into global partnerships was set rolling last year. In November 2007, India Post signed an MoU with Deutsche Post where both organisations agreed to create a multi-layer relationship. The MoU envisaged partnerships in the field of conveyance and distribution of mails, logistic and warehousing operations and financial services.

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UPS opens branches across China

Posted by | Feb 28, 2008 | |

United Parcel Service Inc will enhance its ground capability in China by opening 10 more branches this year, the US express delivery giant said yesterday.

The branches will open in 10 cities, including Zhuhai, Nantong, Wuhan, Shaoxing and Weihai, this year, said Sebastian Chan, vice president of UPS China’s supply chain operations.

Now the company runs 23 branches across the country.

UPS is the first foreign express firm to operate as a wholly owned concern after it paid USD 100 million to gain total control of its Chinese operations from Chinese partner Sinotrans.

It also runs a financial unit, UPS Capital, in Shanghai to offer loans for domestic clients involved in its supply chain by cooperating with Shanghai Pudong Development Bank, Shenzhen Development Bank and China Merchants Bank.

The company will compete with its rivals on improving its hardware as well as technologies.

The company has invested USD 600 million in China from 2002 to 2007 to boost its capacity and infrastructure, leading to a 40-percent growth in cargo volume last year.

An air-cargo hub of UPS will be open in the fourth quarter of this year at Shanghai Pudong International Airport.

The facility is designed to have a sorting capacity of 17,000 pieces an hour by 2012, and the initial investment is USD 20 million.

UPS launched a 210,000-square-meter logistic center in Beijing last June and will offer services for 19 Olympics venues.

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Kumho Asiana all-clear to buy Korea Express

Posted by | Feb 27, 2008 | |

The Korean Fair Trade Commission (FTC) has approved Kumho Asiana Group’s acquisition of Korea Express Co., paving the way for the conglomerate to expand its logistics business in the parcel and express market.

The group’s two affiliates – Asiana Airlines Inc. and Daewoo Engineering & Construction Co. – were chosen as preferred bidders for the purchase of 24 million new shares of Korea Express. The 24 million shares are equivalent to a 60 pct stake in the company. The price is estimated at more than USD 4 billion.

Now that the takeover has been officially given the green light, Kumho Asiana Group will negotiate with the insolvency court on the final acquisition price by next month, the Korea Herald newspaper reported.

Korea Express has been under the control of the insolvency court since November 2001, after it failed to repay debts owed by its parent company Dong-Ah Construction Industrial Co., which collapsed under mounting debt in the wake of the 1997-98 Asian financial crisis.

But despite financial woes, the company has been aggressively expanding its business in recent years, thanks to the fast-growing online shopping industry.

Korea Express became the country’s top delivery firm last year with estimated 122 million deliveries, topping its competitors Hyundai Logistics with 120 million, CJ GLS Co. with 114 million, and Hanjin Corp with 100 million, the newspaper also reported. Korea Express hopes that delivery volume this year will rise to 200 million on synergies from the acquisition.

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