Tag: Asia

DHL awarded at 2007 Asian Freight & Supply Chain Awards

Posted by | May 1, 2007 | |

DHL announced that it has won six top awards – Best Express Operator, Best Lead Logistics Provider, Best 3PL, Best Air Freight Forwarder, Best Project Cargo Forwarder and Best Sea Freight Forwarder – at the prestigious 2007 Asian Freight & Supply Chain Awards (AFSCAs). Receiving a total of six awards at the ceremony in Macau on 25 April reflects the company’s dominance as the only logistics provider that is able to offer integrated supply chain solutions across the entire express and logistics industry range from a single contact point.

The win in the highly coveted Best Express Operator Award category, for a record 21st consecutive year, is highly significant as DHL is the only company to have won this award since its introduction in 1987 at the Asian Freight Industry Awards – the predecessor of the AFSCAs. Receiving these six awards is a further affirmation of DHL’s market leadership and service excellence in air express and logistics offerings in Asia Pacific. The awards acknowledge DHL for its best-in-class expertise in each of its integrated service areas, covering express, air and ocean freight forwarding, as well as contract logistics.

The awards follow a series of recent DHL initiatives to strengthen and enhance service offerings in Asia Pacific to tap growth opportunities in the region. These include a USD35 million investment in Hong Kong for the opening of a new facility in South Kowloon; USD14 million in Vietnam for network and infrastructure upgrades and USD22 million for a new DHL Express Bangkok Hub. DHL’s investments in Asia Pacific sum up to an impressive over USD1.7 billion.

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China Postal Group plans to set up insurance company

Posted by | May 1, 2007 | |

China Postal Group (CPG) plans to set up an insurance company which will be the country’s first insurer with sole investment from the postal sector, Wu Dingfu, chairman of China Insurance Regulatory Commission (CIRC), said Tuesday.

Wu said the commission is currently dealing with the application submitted by the CPG for establishing an insurance company.

The company would be set up by the CPG and its plentiful subsidiaries across the country, and would provide insurance services involving relatively small amount of money as some Japanese insurers do, according to Wu.

About 20,000 insurance companies operating in Japan are mainly engaged in one-year life and medicare insurance and two-year property insurance, which usually set an upper limit to the compensation amount.

China’s postal sector, boasting 36,000 outlets nationwide, simply serves as the sales agent of insurance products for the moment, but was urged to explore further cooperation with the insurance sector.

Statistics show that nearly 14 percent of the country’s insurance agents come from the postal sector by the end of March.

The CPG has earlier made a step toward the financial reform in establishing the China Postal Savings Bank with total registered capital of 20 billion yuan (2.6 billion U.S. dollars), which becomes the country’s fifth largest bank.

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Thailand Post to expand types of services

Posted by | Apr 30, 2007 | |

Thailand Post will soon be more than just a post office. It will be offering a range of one-stop services for business and individual customers, The Nation reports.

Woodtipong Moleechad, chief operations officer for the company, said the agency would utilise new information technology to upgrade its “back-end” infrastructure in ways that will improve existing services and provide new ones.

It will also invest aboutd Bt500 million to implement “enterprise resource planning” to increase productivity.

“Customers in the near future will be able to pay for almost any business transaction at the post office, which has 1,178 branches nationwide,” said Woodtipong.

The firm is negotiating with banks to offer business transactions at post office counters, where customers will also be able to deposit and withdraw money. Kiosks will be installed to provide existing and new services.

“The new services will make life comfortable for customers. They will no longer need to go to a bank. They will just go to the post office branch near their home. They can do any transaction without transport,” said Woodtipong.

The firm will provide a “warehouse management system” as a new service for large organisations, using RFID (radio frequency identification) technology.

He said the new system would help staff reduce the time customers’ products are in storage before being sent to the destination, as the RFID readers will enhance efficiency.

The RFID tag will record information such as who owns the products, the date, time and destinations and how many product items there are.

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TNT appoints GM to helm Asia Road Network expansion

Posted by | Apr 30, 2007 | |

TNT has appointed David Stenberg as general manager of its Asia Road Network.
He will be responsible for the growth and expansion of the road network — which currently spans Singapore, Malaysia and Thailand — to Indochina and China this year.

Prior to this appointment, Stenberg was the country operations manager for TNT in Indonesia. He has also held various positions with TNT in five markets where he was responsible for operations and special services.

The road network expansion marks TNT’s strategic intent to expand its presence in Asia, particularly in key emerging markets in the region.

“Since its launch in December 2005, TNT has experienced a steady double-digit growth of the Asia Road Network. The demand for the road service has been largely contributed by small- and medium-sized enterprises that look for alternative transportation solutions to suit their business needs,” Stenberg said in a statement.

As part of the expansion plans, Stenberg will also focus on developing related bespoke services to cater to the diverse needs of the company’s growing customer base across the region.

In a separate statement, TNT said it has won the “Best Road Haulier Asia” award for the third time running at the recent Asian Freight and Supply Chain Awards (AFSCA).

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Instant money order in Malabar

Posted by | Apr 30, 2007 | |

The Postal Department has launched Instant Money Order (IMO) scheme in the Malabar region of Kerala to provide speedy and hassle-free cash transactions at comparatively cheaper tariff.

”It takes only five minutes to make the payment to the beneficiary and that too at cheaper tariff,” through any head post offices (HPOs) in the country,” Assistant Director N V Balan, coordinating the scheme, said.

He said a sender has to pay only Rs 150 for Rs 1000 to 5,000 and Rs 330 for above Rs 5,000 and upto Rs 50,000 as against the normal five per cent money order charge.

The facility, launched about a month ago, was available in 17 head post offices (HPO) in the region and would be extended to other computerised post offices soon, he added.

The department was in the process of embarking on a advertisement campaign to spread awareness among the people about the scheme, Mr Balan said.

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