Tag: Asia

Emirates Post to spend up to USD500 million on Asia acquisitions

Posted by | Oct 4, 2006 | |

Emirates Post will put a strong focus on Asia under its “aggressive” international expansion strategy, according to director general Abdulla Al Daboos. The Dubai-based company is ready to spend about USD400 – USD500 million on acquisitions in a bid to become an important regional player, he told participants at the Asia Pacific Mail & Express 2006 conference in Singapore this week.

Outlining the organisation’s growth strategy, Al Daboos commented: “This means buying, like everybody else”. Emirates Post currently has three ‘due diligences’ under way in India, two in the UK and one other in Europe, he revealed. It is also looking at China. The fast-growing postal operator is looking in particular at courier and freight forwarding companies, he said.

An Emirates Post Group holding company would be formed shortly, and a 49% stake would then be floated on the Dubai stock exchange, Al Daboos said. He aims to raise about USD1 billion from the IPO.

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DHL in India. The subcontinent is booming

Posted by | Oct 3, 2006 | |

DHL focuses on logistics infrastructure, the express market, and air freight
The liberalization of the economy, which the Indian government has been continuously driving forward since 1991, has laid the foundations for strong growth. India is now considered one of Asia’s most important markets and a preferred target for foreign investors. Industry is opening up to the export markets and a growing middle class provides for increasing domestic demand.

The outcome is an increase in growth flows. The volume of the transport and logistics market is assessed at EUR 22 billion, and average growth for the coming years at 12 percent, creating strong opportunities for companies in the forwarding and logistics industry.

DHL has consistently expanded its base in the past years – in 2003 with the founding of DHL Danzas Lemuir and in 2005 with the acquisition of an 80 percent share in Blue Dart Express, the leading national express service provider in India. Some 5,800 employees serve over 50,000 customers at 14,000 destinations country wide. Focuses include booming sectors such as the automotive, life sciences, and electronics industries. A task that is not so easy to accomplish in a country around nine times the size of Germany.

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UPS targets China

Posted by | Oct 2, 2006 | |

China has to be a great opportunity for UPS, which now controls all its own operations in China, in what has become a major growth engine.
Today, UPS is expanding its number of flights to China, building more infrastructure and creating a stronger brand presence, calling itself a “technology company with trucks.” Now, its business in Asia and China is leaping ahead.
Part of that China presence is because of the expansion of air services. UPS has, or is adding, new flights connecting Shanghai and the U.S. and is increasing its weekly flights to 18. It plans to establish an air hub in Shanghai in 2007. UPS serves the 23 largest Chinese markets, which account for 80% of China’s global trade.
UPS now has 33 large, wholly owned branch offices that serve more than 200 cities in China. The offices are staffed by UPS’s own employees, such as service providers and salespeople, and use the company’s own technology. In China, the company has 500 salespeople–whereas in the U.S., it has several thousand.
UPS also plans to expand its service to an additional 100 cities in China. To remain a top-tier logistics player in China, it will continue opening new branches, as well as 22 more offices to serve the new expansion cities. It is also building further connections between the ground and the air.

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Now, book rail tickets in post offices

Posted by | Oct 2, 2006 | |

Rail travellers may soon be able to book tickets online in post offices, with Indian Railways Catering and Tourism Corporation initiating talks with Department of Posts for using its network to issue e-tickets.

“We are in talks with Department of Posts to use their 1.5 lakh post offices for issuing e-tickets. We have also written to all district magistrates to work out a model, which will enable people in distant villages with computers and internet access to get e-tickets,” IRCTC Managing Director P K Goel said.

IRCTC is taking steps to increase points of ticket sales and facilitate online bookings through internet cafes, ATM networks of banks and post-offices among others.

It has also signed an MoU with State Bank of India under which the bank would set up internet facilities at its ATMs and branches where its customers can get printouts of train tickets while they pay with their SBI cards.

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DHL launches new express service in Eastern China

Posted by | Sep 29, 2006 | |

On September 26, DHL launched a new express service in China, which is suitable for air express with over 70 kgs of weight and provides an economical solution for heavy shipments from eastern China to America.

It signals the express giant begins to take actions in China’s express freight market with its advantages in the fields of express and freight services.

Compared with other express services, the new service of DHL especially fits express of large amount of freights with less urgency. Through its worlwide network, DHL provides door-to-door delivery service by handling all export requirements with a bill.

Data from China’s Ministry of Commerce shows America has become the largest export market of China. Every year, large amount of finished or semi-finished products are exported to overseas markets, America in particular. Therefore, the new products of DHL will meet the demand of the growing market.

At present, the new service has covered 17 Chinese cities in eastern China like Shanghai and cities in Anhui, Jiangsu and Zhejiang Provinces.

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