DHL introduces new SE Asia road service
DHL has offering a new bonded and non-bonded cross-border road freight services that include full, or less than truck load service options between Singapore, Malaysia and Thailand. DHLÃ¢â‚¬™s cross-border road freight services include direct pick-up and delivery and other value-added services such as additional insurance, customs clearance and handling of import, export and transitdocumentation, the […]
March 1, 2010
DHL claims the scheduled crossborder road freight service could help businesses reduce freight cost by up to25 per cent, compared to air freight, and benefit from the shorter transit time ofat least one day relative to sea freighton a port-to-port basis. The service istargeting industry verticals includingthe automotive, fast moving consumergoods, high-tech and oil & gas sectors.
DHL said it has seen over the past year, an increasing demand for road freight service in addition to air and sea freight services. The volume of goods transported overland between the three countries is poised to grow between 2009 and 2014, with the movement of goods in the automotive, electronics and consumer goods industries expected to register an annual compounded growth rate of 8 per cent each, according to DHL.
The service is expected to further facilitate trade between the three neighbors which saw total bilateral trade between Malaysia and Thailand increase from US$15 billion in 2006 to $19.6 billion in 2008. Malaysia is also SingaporeÃ¢â‚¬™s top trading partner with bilateral trade reaching S$111.4 billion (US$79.1 billion) in 2008, an increase of 1.4 per cent from the previous year.