TNT on track for Asia growth
Everything we said we would do we have done, pronounced Onno Boots, regional managing director for Southeast Asia and India, TNT Express, at a March 4 press conference in Singapore. Boots was referring to the companyÃ¢â‚¬™s strategic move from parcels to freight in Asia, its considerable investments in infrastructure, particularly the Asia road network, enhanced […]
April 1, 2009
Boots was referring to the companyÃ¢â‚¬™s strategic move from parcels to freight in Asia, its considerable investments in infrastructure, particularly the Asia road network, enhanced Europe-Southeast Asia-China connectivity via its own 747- 400 freighter, and award-winning levels of customer service.
All of these initiatives, especially those over the last 15 months, said Boots, resulted in regional growth in the 30-40 percent range in 2008, with 20 percent expansion recorded so far in 2009 and growth likely to continue at healthy levels for the rest of the year. Ã¢â‚¬Å“We may not be the largest but we are very, very focused, and we continue to take market share from competitors.Ã¢â‚¬Â
In the current economic environment, explained Boots, customers will trade off speed and cost, and what TNT has done in Asia through highly efficient and integrated logistics networks, is configure a low cost, affordable solutions that appeal to customers.
TNTÃ¢â‚¬™s investment in its Asia road network, which now provides a link to China via Vietnam, paid off particularly well in 2008, a year when many customers turned to the road as jet fuel prices hit new highs, and notably in December when BangkokÃ¢â‚¬™s airport was closed for several days.