Tag: Asia

German logistics provider Dachser eyes China market

Posted by | Sep 22, 2006 | |

Leading Germany-based logistics provider Dachser Far East Ltd, a subsidiary of GmbH & Co KG, will add new services to sharpen its competitive edge as part of its five-year development plan in China.

The company said yesterday it had set up a wholly foreign-owned enterprise (WFOE) in Shanghai to monitor its business in North China and is applying for another WFOE based in Shenzhen in South China.

Dachser plans to establish logistics centres in the areas of South China/Pearl River Delta, North and Central China, as well as in Hong Kong, Shanghai, Beijing and Tianjin.

The company also plans to introduce a highly integrated logistics service, Contract Logistics, by 2007. Its Air & Sea logistics service is currently the company’s pillar business in China.

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Japan Post to reduce mail collection frequency

Posted by | Sep 22, 2006 | |

Japan Post will reduce the frequency of its mail collection from mailboxes to cut costs, the first major overhaul in its mail collection operations in 13 years, it was learned Friday.

Subject to the step are mailboxes supervised by some 900 large post offices across Japan, excluding those in Tokyo’s densely populated 23 wards, Japan Post officials told Jiji Press.

Specifically, for mailboxes from which mail is collected three times or more a day, the first collection service of the day will be omitted from Oct. 16, the officials said.

Japan Post, which is outsourcing part of its mail collection operations in urban areas, hopes that the streamlining measure will reduce its annual commission payments by 3 billion yen, the officials said.

In the year that ended in March this year, the government-affiliated corporation’s mail collection and delivery outsourcing costs came to 184.4 billion yen, up 8.6 pct from the previous year. Of the total, 23 billion yen was for mail collection from mailboxes.

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Financial services race to grow on Japan Post privatization: S&P

Posted by | Sep 14, 2006 | |

Standard & Poor’s Ratings Services predicted Wednesday that financial services competition in Japan could intensify if Japan Post expands its banking operations after its privatization starting in October 2007.

The postal system will be divided into four entities — mail delivery services, post office network, savings and insurance firms — under a holding company upon the privatization.

The savings firm, though starting as the world’s largest bank with assets totaling 227 trillion yen, is not expected to expand its share of the savings and lending markets over the coming few years, S&P said.

But competition is expected to intensify in sales of financial instruments and other fee-generating services, which have been a strategic focus for Japanese banks and provide a great growth potential for the postal savings firm, the U.S. rating agency said.

In response to the postal savings firm’s possible foray into such services, commercial banks will seek to maintain competitive advantages in product lineups and consulting services, it said.

Another option for them would be to ally with the postal savings firm to utilize a nationwide network of post offices, S&P said, noting that some trust banks are reportedly considering cooperation with post offices in trust banking services.

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China is now dealing with the need to improve its transport infrastructure to upport further expansion in the manufacturing industry – China Logistics 2006

Posted by | Sep 12, 2006 | |

China: the world’s most dynamic logistics market

It has been nearly three years since the author first examined the Chinese market. At the time, one of the key trends was the amazing growth of the country’s economy and the transforming effect that this was having on the logistics industry. This is still very much the case, with investment by foreign companies continuing to grow at a phenomenal pace. However the challenges which the author identified then have not diminished and in many cases have been exacerbated by the pressures which stellar growth rates have exerted on developing businesses.

The Chinese economy is presently (August 2006) growing at rates in excess of 10 per cent per annum and this is reflected in the growth in the Chinese logistics market and infrastructure. After focusing economic growth on the manufacturing industry, China is now dealing with the need to improve its transport infrastructure to support further expansion.

The Chinese economy has been heavily dependent on logistics since its growth as an exporting nation in the late 1990s. However the country will need to develop its logistics market and its physical infrastructure both qualitatively and quantitively if momentum is to be sustained.

This updated and considerably extended report includes a wide-ranging survey of shippers and logistics companies present in the market. It provides an insight into the latest trends and developments, indicating many of the problems which companies have to face. It also includes market sizing and forecasts, showing the remarkable pace of development which the industry has experienced and is likely to see in the future.

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