TNT further invests in ARN gets TAPA L1
TNT announced recently that it will make a further Ã¢â€šÂ¬4.5 million investment in its Asia Road Network (ARN), which currently serves six countries and 127 cities in Southeast Asia and southern China. This brings the total investment to date in the fully integrated ARN to morethan Ã¢â€šÂ¬12.5 million. Most of the new investment will be […]
August 1, 2010
Most of the new investment will be to acquire a fleet of trucks specially designed to suit pan-Asian routes. The 41-foot trucks and trailers are larger and more environmentally friendly than their predecessors. This announcement coincides with the fifth anniversary of TNTÃ¢â‚¬™s unique road network.
TNT said it has experienced brisk and growing demand for its road solutions in the past five years. Capacity on the ARN has grown over 20 per cent year-on-year, while volume between 2009 and 2010 (year-to-date) has grown by 70 per cent. In Singapore alone, volume growth increased by 52 per cent between January 2009 and January 2010.
Ã¢â‚¬Å“Five years ago, we announced our intention to develop a road network in Asia, very much like our Europe Road Network,Ã¢â‚¬Â said Onno Boots, regional managing director of TNT Southeast Asia and India. Ã¢â‚¬Å“Over the years, we have seen the profile of freight diversify to include more high-value goods, such as electronics, healthcare products and automotive and industrial equipment.Ã¢â‚¬Â