TNT, Schenker strike new Asia-Pacific deal
TNT, Schenker strike new Asia-Pacific deal
JAKARTA (JP): TNT Express Worldwide, the Amsterdam-based courier service firm, announced yesterday a new deal with the freight forwarding company Schenker International AG of Germany allowing the latter to tap the former's facilities for its services in the Asia-Pacific region.
The cooperation agreement was forged by TNT's Indonesian affiliate PT Skypak International and Schenker's forwarding partner PT Petrolog Transkontinen Utama.
"The deal will, then, allow the Frankfurt-based Schenker International and Petrolog to have full access to TNT services by using all its shipping facilities and distribution networks in the region," Skypak's senior technical advisor, Rod Lancaster, told reporters during a luncheon yesterday.
"With TNT's Asian Air Express network, Schenker can now use our three existing airplanes serving Jakarta, Singapore, Manila, Hong Kong, Seoul and Taipei for its forwarding services," he said.
The deal also allows Schenker to use TNT's other services outside the region, he said.
Lancaster told The Jakarta Post that Schenker, which has been working with Petrolog for 20 years, will be able to strengthen its business in the region after two new TNT aircraft commence operation in June or July.
"The new airplanes will expand our services to Beijing, Shanghai and some cities in India and Vietnam," he said.
In return
In return, TNT will be allowed to use Petrolog's sea freight services. TNT will have full access to all Schenker's networks, covering Africa, Australia, Canada, Europe, the Middle East, the United States, Latin America and Southeast Asia, Petrolog's president, Moetaryanto, said.
As part of the deal, the parties have also agreed to exchange information on the market and the forwarding business.
Lancaster said the cooperation would foster TNT's revenues from courier services by around 20 percent per annum.
TNT launched an overnight courier service in the region last year, guaranteeing the delivery of documents, parcels and cargo within 24 hours.
TNT, which operates in more than 200 countries, posted a total turnover in worldwide services of US$1.5 billion in 1992-93, up from around $1.06 billion in 1991-92.
TNT is owned by TNT Ltd., an Australian transportation conglomerate, and GD Net BV, a consortium of the post offices of Germany, France, Sweden, the Netherlands and Canada.(fhp)