Tag: Asia

IndiaTimes.com ties up with overnite, US Postal Service

Posted by | Oct 11, 2001 | |

NEW DELHI, Oct 10 Asia Pulse – indiatimes.com has joined hands with Overnite Express in association with United States Postal Services to launch its new initiative – “US-India messaging”. “With the launch of these services, limited penetration of internet connectivity in the country would not be a limiting factor for Indians in the US to reach out to their friends and relatives in villages, towns or cities,” Mahendra Swarup, chief executive officer of Times Internet, told reporters.

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Japan: Challenges and Reform

Posted by | Oct 10, 2001 | |

“Redefining the Post Business: Challenges and Reform Efforts by Japan Post,” by Katsuyuki Okada, Director-General, Postal Department, Postal Services Agency, Japan, is a presentation from Post-Expo 2001 in Geneva.

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CLosed skies cloud booming sector

Posted by | Oct 9, 2001 | |

The lucrative logistics industry is being driven by multinational retailers’ need to reduce the cost of their supply chains.

Gone are the days when huge inventories of high-technology goods helped them benefit from economies of scale. Technology is developing with such speed that most stockpiles are obsolete before they hit the shelves.

With inventory costs responsible for 30 per cent to 40 per cent of the cost of today’s finished products, warehousing has become a dirty word.

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TPG'S china venture

Posted by | Oct 8, 2001 | |

$30 million joint venture with automotive group is largest foreign investment in China logistics Copyright 2001, Traffic World Magazine Paris

TNT Post Group and Shanghai Automotive Industry Corp. Group will start operating a logistics joint venture in China beginning next year. The 50-50 partnership, which will have an initial capitalization of $30 million, represents the largest foreign investment in the Chinese logistics industry to date, according to TPG. “China is on its way to becoming one of the most important world markets and it is key for TPG to have an early presence to understand its needs and requirements,” said Roberto Rossi, managing director of TPG’s TNT Logistics. SAIC is China’s largest automotive manufacturing company and employs more than 60,000 people in vehicle and parts production. Through joint ventures with General Motors and Volkswagen, the company produces about 250,000 automobiles a year.

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