Tag: TNT

GBP 2m investment keeps TNT Sameday in Pole Position in the UK

Posted by | Mar 20, 2007 | |

The instant-response arm of Britain’s leading business-to-business express delivery company has unveiled a multi-million pound investment programme to keep the business at the top of the ‘Premier League’ of the UK same day delivery market.

The GBP 2 million initiative will see an innovative deployment of TNT Sameday’s army of 1,700 drivers, a new web-based Storapart distribution service designed to enhance speedy despatch of parts to engineers plus the introduction of state-of-the-art ‘mobile worker’ units to each driver. Each element is viewed as a critical component in the TNT drive for customer service excellence in 2007.

At the touch of a key, the new Common Operating System will automatically calculate parcel delivery rates, recommend the closest driver available for a collection and allocate drivers’ payments.

The new warehouse stock management system of TNT’s Storapart service – called Storapart Distribution System (SDS) – creates a common approach across TNT the Storapart sites throughout the world, providing a consistently high level of customer service.

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Express growth in Malaysia

Posted by | Mar 20, 2007 | |

Although it makes up only a small portion of cargo traffic, the express delivery service is generating substantial worldwide employment and revenue.

This industry is expected to grow faster than its counterparts in other cargo sectors – air and ocean – between now and 2010.

The International Air Transport Association (Iata) has estimated that the global air cargo will grow at an average of 5.3 per cent for the 2006-2010 period, while ocean freight is expected to increase by 7.2 percent.

But Teong said the local express delivery industry will grow at an average of 10 per cent per year, and is expected to continue to expand rapidly as the country becomes more developed.

Local courier firm City-Link Express (M) Sdn Bhd, for one, expects its 2007 revenue to grow by 10 per cent, while GD Express Carrier Bhd (GDEX) sees its revenue growing in the range of 20-30 per cent.

Revenue growth of global express firms such as DHL Express, meanwhile, is expected to outpace the industry average. Its Malaysian operation has been registering a growth of 15-20 per cent in revenue in the last few years.

Recognising the lucrativeness and potential of this industry, Malaysia Airlines’ air freight unit, Malaysia Airlines Cargo Sdn Bhd, is working on introducing an express delivery product this year.

There are currently 114 licensed express delivery players in Malaysia. The market is led by the four major foreign players – FedEx, UPS, DHL Worldwide Express and TNT, which combined capture a 60 per cent share of Malaysia’s RM1 billion express delivery business, with the rest coming from local courier players. “The top 10 players already have a 95 per cent control of the market. The other smaller players only offer despatch services,” Teong pointed out.

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TNT and FedEx run business in China alone

Posted by | Mar 19, 2007 | |

The world’s Big Four express names gradually step into an independent running term in China – which has nodded their activities of operating wholly owned affiliates in the country according to the commitments to its WTO entry – coinciding with two acquisitions.

The Holand-headquartered company officially announced the completion of the Hoau Logistics Group acquisition on March 14. The Chinese authorities approved it days ago. However, the company declined to unveil the deal’s accounting information.

Industry analysts point out that the goal of TNT is to integrate its businesses in China on the basis of the Chinese company’s network and its 170,000 clients. TNT will build on this network and use it to further access its network worldwide.

Tianjin DTW Group Co., Ltd., another Chinese logistics service provider based in Tianjin, near Beijing, capital of China, announced that its sale of a 50% stake in Federal Express-DTW Co., Ltd. was completed on March 1.

FedEx Express reached an acquisition agreement about the deal and DTW Group’s domestic express assets valued at about USD 400 million on January 24, 2006.

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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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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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