Tag: India

TNT to ferry shipments on own freighters

TNT India is looking forward to launching its own freighters on the India-Europe route in the coming months. The subsidiary’s move follows the near integration of Speedage Cargo Express, a semi-road express firm it acquired last September, with its own processes and service standards.

“In the last eight months, we have invested ample time and money in the transformation of Speedage, which has started getting the feel and look of TNT. We will now look at introducing TNT freighters on India-Europe route for better control,” said Abhik Mitra, managing director, TNT India.

TNT is close to completing the re-branding process of Speedage. Also, the transition of Speedage processes and service standards to TNT’s levels has helped improve the firm’s average yield for road express services by 10-12%, but it still remains below the market average.

According to Mitra, after launching the European service, TNT would look at the India-China route, and eventually turn attention to launching a domestic air express.

Currently, the company uses cargo space on commercial airlines for its international and domestic shipments.

TNT India has set its sights on becoming the leading express cargo firm in the country by 2010, and has already committed investments of Rs550 crore to achieve its aim

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DHL and Lemuir consolidate logistics business in India

DHL and Lemuir Group, pioneers in the Indian logistics industry announced that Deutsche Post World Net and Lemuir have planned to consolidate their joint venture which would be named – DHL Lemuir Logistics Private Limited – in India. Deutsche Post World Net will hold 76 percent stake in the joint venture with 24 percent being held by Lemuir. The consolidated joint venture will combine the businesses of DHL Danzas Lemuir Pvt. Ltd. and Exel India Private Limited, which recently acquired the Contract Logistics and Customs House Brokerage operations for general cargo from Lee & Muirhead Pvt. Ltd. This consolidation will position DHL as the leader in International Freight Forwarding, Supply Chain Management and Customs Brokerage in India.

The consolidation will combine the expertise of three well established players in the logistics space in India. The consolidated logistics business will trade under the DHL brand as DHL Global Forwarding for the freight forwarding business and DHL Exel Supply Chain for contract logistics. It will lead to significant benefits for customers, including greater geographic spread, product and service leadership and enhanced offerings to meet all their logistics and supply chain requirements.

DHL in India also comprises of DHL Express – India’s leading express company – and Blue Dart, a leader in domestic express, which will continue to operate as independent business units.

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