TNT targets market share in Asia
Plans to expand logistics product range and regional footprint
TNT will expand its product range and geographical reach in the service logistics sector for customers in Asia this year in a bid to grab more market share, according to its regional MD, Onno Boots.
Boots told IFW the sector was a key part of TNT’s European business and was now worth some €2.3bn in the Asia Pacific market.
“We’re going to expand, in terms of location and capability,” he said. “Apart from simple swaps and installations, we’re building on our storage and return concepts, and rolling the concept out across main facilities for inbound and outbound distribution.
“In particular, this is interesting for the telecoms and handset operators, so we’ll be investing heavily.
“This market is growing at 20% and we’ll be looking to increase our share.”
Last year, the company launched a dedicated service set for Asia called Storapart, aimed at customers in the high-end telecoms, industrial and electronics sectors looking to optimise inventory and mission-critical spare parts transport systems.
This included the establishment of mullti-user storage facilities throughout south-east Asia, mirroring those established in India.
TNT will use its air and road networks to offer 2-4 hours’ delivery in south-east Asia and India on urgent service calls and 2-4 days for less urgent returns.
See Interview: Onno Boots, TNT regional MD, Slowly but surely the key to Asia expansion
Boots told IFW the sector was a key part of TNT’s European business and was now worth some €2.3bn in the Asia Pacific market.
“We’re going to expand, in terms of location and capability,” he said. “Apart from simple swaps and installations, we’re building on our storage and return concepts, and rolling the concept out across main facilities for inbound and outbound distribution.
“In particular, this is interesting for the telecoms and handset operators, so we’ll be investing heavily.
“This market is growing at 20% and we’ll be looking to increase our share.”
Last year, the company launched a dedicated service set for Asia called Storapart, aimed at customers in the high-end telecoms, industrial and electronics sectors looking to optimise inventory and mission-critical spare parts transport systems.
This included the establishment of mullti-user storage facilities throughout south-east Asia, mirroring those established in India.
TNT will use its air and road networks to offer 2-4 hours’ delivery in south-east Asia and India on urgent service calls and 2-4 days for less urgent returns.
See Interview: Onno Boots, TNT regional MD, Slowly but surely the key to Asia expansion
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