Tag: Asia

Indian Airlines partners with GATI for courier service

Posted by | May 10, 2007 | |

Indian Airlines partnered with logistics cargo industry major GATI Ltd to launch a joint courier company, IC-Zipp. The two were working together for 11 years and the idea of this joint venture was to have synergy between the large air and surface networks. IC-Zipp will be launched in 119 cities in the first phase. The product will be priced in the range of Rs 50 to Rs 150 for 500 gm. The other features of the product include door pick-up, real-time tracking and 24-hour service, said a statement issued by the company. IA’s director (commercial) Anita Khurana said: “Amid a robust trade and business growth environment, companies can now seamlessly access the networks of two market leaders. So, whether it’s a business proposal, signed contracts, mass mails, print proofs, small packages or architectural drawings, customers can rely on our extensive network to get courier delivered on time.”

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Intense changes in the Chinese express delivery market

Posted by | May 9, 2007 | |

China’s express delivery market is facing a time of unprecedented change. Four major foreign players, China Post, private local firms and State-owned companies are all busy adjusting their strategies, and the government is poised to revise business policies.

After UPS broke from its local partner – Sinotrans, Fedex spent $400 million to acquire the remaining stake of its joint venture with the Chinese firm DTW Group. It also bought all of DTW’s assets in the domestic and international express delivery markets.

And while foreign giants are expanding in China, the State-owned giant, China Post, is attempting to gain the upper hand with a possiblly favorable postal law, sparking cries of foul play from foreign and local private firms.
Fedex’s buyout of its local partner signifies the acceleration of foreign express delivery firms’ expansion in China.

DTW’s domestic express delivery business suffered losses of 60 million yuan in its first 11 months in 2004, but Fedex still spent USD 400 million for DTW, which highlights Fedex’s desire for DTW’s network.

Industry sources say Fedex is trying to catch up with its competitors. DHL announced its entry into the domestic express delivery market in 2004, TNT has already begun domestic parcel delivery and UPS has the rights to international express delivery business in tier-one cities.

The joint venture agreement with DTW was originally expected to expire in 2009, but Fedex bought out the Chinese firm because it wanted immediate exposure to the domestic market.

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Kuehne + Nagel growth-oriented logistics development in the Asia Pacific region

Posted by | May 8, 2007 | |

Kuehne + Nagel is rapidly developing its contract logistics business in the Asia Pacific region. Accelerated expansion in regional warehousing, distribution and lead logistics capacities, particularly in China and India, together with a strategic focus on innovative product development and process optimization, represent the cornerstones of the company’s plan to enhance its market position in the Asia Pacific region, as well as globally.

Kuehne + Nagel rolled out its expansion plan for contract logistics in the Asia Pacific region in 2005. Since then, the business unit’s activities have considerably strengthened, with a series of significant business wins and the opening of new facilities. At present, the company’s contract logistics network in Asia Pacific comprises 43 locations in 13 countries, with a managed warehouse space of 200,000 sqm.

Dirk Reich, EVP Contract Logistics and member of the Management Board of Kuehne + Nagel International AG, said at a press conference in Hong Kong today, “To achieve our objective of offering customers in Asia Pacific high-value logistics services, we plan to significantly expand our infrastructure facilities across the entire region. By the end of 2007, our total warehouse space will rise to 300,000 sqm at more than 60 locations. We envisage organic growth well above the market average and selected local acquisitions, and thereby to achieve a leading market position in this dynamic region.”

Key to the development plan is an enhanced service portfolio to cover a wide spectrum of needs and applications along the global supply chain. This extends from the implementation of Kuehne + Nagel’s globally standardized warehouse management systems across the region, and the implementation of ever more sophisticated industry-specific supply chain management solutions, for example for the automotive, high-tech, industrial goods, pharmaceutical and healthcare, as well as retail and Fast Moving Consumer Goods (FMCG) sectors, through to specific services for selected niche markets, such as aviation and hotel logistics. This enhanced portfolio will allow Kuehne + Nagel to optimally support customers in meeting their individual supply chain requirements.

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Express Service Industry in India

Posted by | May 8, 2007 | |

Research and Markets (http://www.researchandmarkets.com/reports/c55984) has announced the addition of Express Service Industry in India to their offering.

India’s Express Service industry, valued at approximately USD 1.6 billion, has grown at a CAGR of around 33% over the past decade. The industry is highly fragmented with many unorganised players having regional presence. However, the large organised players account for more than half of the industry turnover.

In the new era of internet, dependence on postal/express service has been adversely impacted however it has open new horizons by means of B2B and B2C trade models. New postal regulations pose concerns to growth of the industry.

Growth in manufacturing sector would boost need for India centric express delivery and logistics services. With the growth of 20-22% per annum, size of industry is expected to more than double over the next five year period. To know more about the industry, subscribe to exhaustive report on Express service industry in India.

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DHL wins Asia’s Platinum Award for the third straight year

Posted by | May 8, 2007 | |

DHL announced it has won the highly coveted and prestigious Asia Platinum Award for the third consecutive year in the Airfreight/Courier Service category at the ninth annual ‘Trusted Brand Awards 2007’ organized by Reader’s Digest.

DHL is the first and only company to be awarded the Platinum Award for the Asia region for three consecutive years and in Hong Kong for four consecutive years, since the Airfreight/Courier Service category was introduced in 2004.

DHL improved on its strong performance in 2006, when it garnered three Platinum and five Gold awards. This year, DHL received Platinum Awards in the ‘Trusted Brand Awards’ surveys conducted in Hong Kong, Singapore, Malaysia and Taiwan, as well as Gold Awards in the same surveys carried out in India, Philippines and Thailand. Singapore and Taiwan were the latest countries in which DHL received the Platinum Award.

The Platinum Award represents the highest honor conferred on a brand in the annual survey. Only brands with a rating score three times the nearest rating score of the next brand, or two times plus reaching a certain average overall quality rating receive the Platinum Award. Gold Awards are given to brands that score clearly above other brands in the category. The survey is conducted by independent research company Nielsen Media Research.

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