Tag: Courier/Express/Parcels

TNT adds to Singapore life sciences market

Posted by | Mar 15, 2007 | |

TNT, a leading provider of global express services, today announced the official opening of its life sciences focused regional distribution centre (RDC) in Singapore.

The TAPA ‘A’ and Good Distribution Practice certified facility, which spans 65,500 square feet, was built at an investment of more than USD 5.2 million.

The establishment of the facility is expected to boost the company’s market leading position in Singapore where it currently dominates over 60 percent of the outsourced R&D logistics for the life science industry.

Lim Siong Guan, chairman of the Economic Development Board, called the investment a “significant milestone” for Singapore’s logistics and biomedical sciences industries and a re-affirmation of Singapore’s position as an air express and global logistics hub.

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Hermes wins German market share and targets Austria

Posted by | Mar 14, 2007 | |

Hermes Logistik, the German consumer parcels company, today announced double-digit growth, a surge in the number of parcels sent by consumers, and its entry into the Austrian market this summer.

The operator, a subsidiary of Europe’s largest mail-order company, Otto Group, increased gross sales in the business year ending February 28, 2007, by 11.5% to EUR 1,016 million, with net sales up to EUR 872 million. It does not disclose profit figures.

Volumes in the business-to-consume (B2C) segment grew by 10.3% to 235 million shipments, increasing its German B2C market share to 37% from 35%, it said in a statement. The ProfiPaketService for medium-sized firms launched in February 2006 generated 3,000 new customers its first year.

The fastest-growing business, however, was the consumer-to-consumer (C2C) parcel business. “ We are particularly proud of massive growth in private parcels,” said managing director Hanjo Schneider “With an increase of 79% to 23.6 million items we have substantially reduced the gap on the current market leader.”

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TNT opens life sciences regional distribution centre in Singapore

Posted by | Mar 14, 2007 | |

TNT has officially opened its largest life sciences-focused regional distribution centre in Singapore, which costs over S$8 million.

The facility at Changi South is expected to handle over USD 100 million worth of medical equipment alone every year.

TNT’s new Life Sciences Express Hub uses the latest in cold chain management technology to safely transport and store goods.

This ranges from medical devices and clinical diagnostics, to pharmaceuticals and biotechnology.

The 65,500-square-foot facility serves as a regional logistics centre for TNT’s multinational customers in the life sciences industry.

Their products are consolidated at the Singapore facility before being delivered across Asia.

Industry estimates show that the medical devices and diagnostic market, as well as the pharmaceutical market in the region, are set to grow over 10 percent in the next five years.

TNT currently controls 60 percent of the outsourced R&D logistics for the life sciences industry in Singapore.

TNT plans to continue to grow its life sciences logistics business in Singapore.

The segment represents about 10 percent of the company’s total revenue here and TNT is targeting to double this figure over the next few years.

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TNT completes acquisition of Hoau

Posted by | Mar 14, 2007 | |

TNT announced today the completion of the acquisition of Hoau, the leading freight and parcels delivery company in China. Last week the government of the People’s Republic of China approved the transaction. Parties agreed not to disclose any further financial information.
Established in 1995, Hoau’s network includes 1,100 depots, 3,000 vehicles and 56 hubs in China covering all major and second-tier cities. Hoau currently has 12,000 employees.
TNT in China, established in 1988, has 25 wholly-owned operating branches and operationally covers more than 500 cities in Mainland China. TNT currently employs over 2,200 skilled professionals across its network and operates 3 fully-functioning international gateways in mainland China which includes Beijing, Shanghai, and Guangzhou.

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