New freight services to provide main boost for revenues in the region
Dubai - TNT Express, leading provider of integrated express services, today announced the launch of its range of freight services for time sensitive heavy shipments in Asia. Available from today[1], a selection of three bespoke services - Express Freight, Economy Freight and Freight Plus - will offer customers a door-to-door, day-definite delivery service based on specified transit times schedules, fast tracked customs clearance and full track and trace visibility.
The move forms part of the company's €100 million investment over the next five years to build a leadership position in the region, a strategy which it announced in April this year. This launch is also the first in a series of initiatives to further expand TNT's network capabilities in Asia, leveraging on the seamless connectivity offered by its extensive road and air networks[2]. These networks provide customers with the widest range of multimodal freight services between Southeast Asia and Europe, China and Europe and within Southeast Asia.
Onno Boots, regional managing director, TNT Southeast Asia said, "With over 18 years of experience in Asia, we have built a freight service that is fast, reliable and cost effective. Compared to traditional freight forwarding, our upfront all-inclusive pricing together with our limited administrative requirements provide customers with greater transparency and increased control over their time-sensitive export and import shipments."
Based on studies undertaken of regional market needs, TNT expects the take up rate of these services to be high. The demand for its freight services is mainly driven by customers in the high-tech, equipment and machinery and healthcare sectors that are increasingly moving large volumes of high-value goods between Southeast Asia, China and Europe. Through its global customer base in these sectors, TNT has developed extensive sector knowledge which can now be leveraged in Southeast Asia. Correspondingly, TNT's freight services are set to be a main business driver for the company over the next five years.
The TNT advantage
Added Onno, "When it comes to moving freight around the world, TNT's competitive advantage lies in
our ability to act as a one-stop-shop with solutions to meet all requirements, regardless of what our customers are shipping. With TNT's streamlined global operations, customers also enjoy the same expedited, high level of service around the clock in every country."
As the market leader with the biggest air and road express delivery infrastructure in Europe, TNT offers
a best-in-class service that is both fast and cost effective. TNT's recent acquisition Hoau Logistics in China - giving TNT more depots in China than all its competitors[3] as well as an extensive knowledge of Chinese customs requirements - coupled with the recent re-routing of TNT's Boeing 747-400 ER Freighter with thrice weekly freighter service between Singapore, Shanghai and Europe, signals TNT's unrivalled connectivity between Southeast Asia, China and European air and road networks.
With TNT's three new freight services, customers can look forward to benefiting from an integrated, comprehensive global network without any reliance on third party organisations. TNT's expertise in managing all required paperwork and trans-border regulatory matters as a result of this means that customers also experience true door-to-door service.
- Ends -
Editor's Notes:
[1] The three services will be available in Singapore, Malaysia, Thailand and Indonesia with immediate effect, with other markets implementing selected services by the end of the second quarter of 2008.
[2] This will largely involve TNT's unique and continuously expanding Asia Road Network which links Singapore, Malaysia, Thailand, Vietnam and China by road and enables deliveries up to three times faster than sea freight for significantly less than air freight.
[3] TNT, through its acquisition of Hoau Logistics provides it with the largest private road transportation network in China with an infrastructure of 2,000 vehicles, 56 domestic hubs and 1,250 depots, effectively reaching more than 400 major and medium-sized cities in the country.
TNT's three bespoke freight services:
Express Freight
Fast door-to-door delivery before the end of business on the next or earliest possible business day.
? Pick-up today before end of business, for guaranteed delivery the next or earliest possible business day
? Delivery to more than 200 countries worldwide
? For freight shipments up to 500kg
? Available as export and import service
? Optional Enhanced Liability
? Optional priority handling
Economy Freight
Economical, day-definite, door-to-door delivery for less urgent freight to most destinations worldwide.
? Pick-up today before end of business, for guaranteed delivery on a specified date within 2-5 working days
? Delivery to more than 200 countries
? For freight shipments up to 1500kg
? Available as export and import service
? Optional Enhanced Liability
? Optional priority handling
Freight Plus
The flexible solution for freight shipments that require special handling or delivery options tailored to meet you or your client's needs.
? Tailored pickup and delivery times
? No size or weight limits
? Delivery to Door or Delivery to Airport
? Special handling including dangerous goods and temperature control
? Choice of road and air services
ABOUT TNT
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximise its network performance. TNT serves more than 200 countries and employs around 161,500 people. Over 2007, TNT reported €11 billion in revenues and an operating income of €1,192 million. TNT is publicly listed on the stock exchange of Amsterdam. TNT recognises its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. More information about TNT can be found on its website http://group.tnt.com.
TNT's express division is one of the world's leading business to business express delivery services providers. It delivers 4.4 million parcels, documents and pieces of freight a week to over 200 countries using its network of over 2,331 depots, hubs and sorting centres. The division operates over 26,760 road vehicles and 47 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.
TNT's express division employs over 75,000 staff worldwide. It is the first organisation to have achieved global recognition as an Investor in People. The division reported revenue of €6.5 billion in 2007. The operating income was €599 million, up 7% compared to 2006. Visit the TNT express division online: http://www.tnt.com/express
For more information, please contact
Ammar Tobba
Telephone: +9714 331 0331
© Press Release 2008
