Menlo Logistics to invest in Thailand and Malaysia
Menlo Logistics increase its presence in Thailand and Malaysia, and adding to its portfolio supply chain services for two major new industries as key opportunities for 2015.
November 24, 2014
By Denice Cabel
Menlo Logistics, the US$1.5 billion global logistics and supply chain management subsidiary of Con-way Inc., will increase its presence in Thailand and Malaysia, and adding to its portfolio supply chain services for two major new industries as key opportunities for 2015.
These and other developments, including the company’s recent rebranding initiative, were discussed in a briefing held last week in Singapore hosted by Robert Bassett, Menlo’s vice president of marketing and sales, and Desmond Chan, Menlo’s Singapore-based managing director in South Asia.
“2014 has been an excellent year for Menlo in South Asia, where in the third quarter we experienced over 10 per cent year-over-year growth,” said Bassett. “We’ve added 27 new projects so far this year and expanded our client base significantly, positioning us for a good start in 2015.”
The growth trend was supported by major investments in new facilities — one in Singapore’s Benoi Sector as well as one in Shah Alam — Kuala Lumpur, Malaysia — and another multi-client warehouse that opened in Lakrabang, Thailand. Collectively, the three new sites added 69,000 sq. metres of warehouse space across the region, bringing the total warehouse count for Menlo in South Asia to 35, and the total space under Menlo management to 392,000 sq. metres.