Tag: Asia

India industry: Weak infrastructure is constraint on logistics market

Posted by | Jun 29, 2006 | |

India’s transportation and logistics market holds potential for both domestic and foreign companies, and is expected to reach USD20bn in revenue by 2009

It is fragmented and unorganised, but India’s transportation and logistics market presents huge potential for both local and foreign operators. Valued at USD14bn in revenue in 2004, the market is expected to grow at a compound annual growth rate (CAGR) of about 7% and to reach USD20bn in revenue by 2009.

There are several factors driving this growth. For a start, customers have become more demanding, thereby forcing companies to improve their on-time delivery. In addition, greater globalisation has led to a higher volume of trade. But most importantly, companies increasingly are outsourcing their logistics requirements to specialist services providers in India.

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Japan Post to Accelerate Restructuring before Privatization

Posted by | Jun 28, 2006 | |

Japan Post said Wednesday it plans to scrap mail pickup and delivery services at 1,048 of 4,696 post offices with such functions across the country, in a bid to accelerate the pace of reorganization ahead of its privatization in October 2007. The privatization of Japan Post will split the public enterprise’s postal insurance, postal savings, mail, and over-the-counter operations into four separate companies, all of which will be placed under a holding company.

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TNT May Mull Options Other Than JV with Japan Post

Posted by | Jun 28, 2006 | |

Dutch TNT NV has hinted at a possibility of seeking a business alliance in Japan with a party other than Japan Post.

TNT showed the stance in a statement issued in response to recent media reports that Japan Post is set to scrap its agreement with TNT to form a joint venture to offer transport services in Asia due to a discord over the envisaged firm’s business strategy.

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Japan Post gives up plan to enter int'l distribution with TNT

Posted by | Jun 27, 2006 | |

Japan Post’s planned entry into international distribution services with leading Dutch logistics company TNT N.V. is to be scrapped due to differences over their business strategies, Japan Post officials said Tuesday. The decision is seen as a major setback for Japan Post, which will be privatized in October 2007, as it had intended to nurture logistics services around Asia as a new profit-making source, considering its weak earning power in conventional postal services.

Last October, Japan Post and TNT announced a plan to set up a joint venture to work together in international distribution services.

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Malaysia's Transmile unit signs cooperation agreement with DHL

Posted by | Jun 26, 2006 | |

Transmile Group Bhd said its wholly-owned subsidiary Transmile Air Services Sdn Bhd has entered into a strategic network alliance deal with DHL International on extending cooperation between the two express cargo operators. In a statement, Transmile said the long-term network alliance will see both companies cooperating to identify new and lucrative sectors in a high premium market.

DHL and Transmile started operations together in the 1990s and currently cover Hong Kong, Indonesia, Thailand, Vietnam, Singapore and North America. DHL currently accounts for 30 pct of Transmile’s current revenue.

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