European courier TNT eyes Subic logistics facility
European courier TNT NV is looking at the possibility of taking over the Subic Bay logistics facility that will be vacated by US-based Federal Express when it relocates its Asia-Pacific hub operations to Guangzhou, China next year.
Sources said the Dutch courier, in line with its expansion binge amid increased traffic in the region, could be eyeing the Subic facilities currently being used by FedEx for its Asia- Pacific regional hub operations.
Earlier, the country tried to lure another foreign courier to take over the facility, which is adjacent to the Subic Bay International Airport.
European courier DHL International GmBH has announced as early as last year that it was definitely not taking over FedEx’s facility in Subic.
US-based United Parcel Service of America Inc., on the other hand, has a hub in Clark, Pampanga.
TNT Express Worldwide (Philippines) Inc. president and country general manager Jose Luis Romero-Salas said yesterday the company was expanding its local operations but declined to give specific details pending approval by the board.
“We are looking to expand the local operations to support the time-sensitive business. We need to put up a domestic network to support this business,” Romero-Salas said.
Salas said the company was putting up additional depots to address increased volumes, particularly in the high-end, time-sensitive business. The volumes, he said, came from domestic clients and from all over the Asia-Pacific region.
“This will be a hub to support TNT’s regional operations,” Romero-Salas said. TNT has existing depots in Ortigas, Makati, Laguna, Cavite and Cebu. Its hub is inside the Ninoy Aquino International Airport in Parañaque City.
The company corners 50 percent of the local market. It caters to specialized demand for courier services.
FedEx has signed a lease agreement with Subic Bay Metropolitan Authority supposedly to expire in 2010. But it announced in 2005 that it would relocate its operations in Guangzhou in 2008 and close down its local hub, citing business opportunities in that region.
With the pullout, the agency stands to lose about P250 million in revenues annually, representing the landing fees of FedEx on top of regular lease and rentals of airport facilities in Subic.
The Subic Bay airport accommodates an average of 18 flights each day and charges $800 per “touch and go” of FedEx planes. FedEx’s pullout would leave around 800 Filipinos jobless.
By Elaine Ruzul S. Ramos - Manila Standard Today
Sources said the Dutch courier, in line with its expansion binge amid increased traffic in the region, could be eyeing the Subic facilities currently being used by FedEx for its Asia- Pacific regional hub operations.
Earlier, the country tried to lure another foreign courier to take over the facility, which is adjacent to the Subic Bay International Airport.
European courier DHL International GmBH has announced as early as last year that it was definitely not taking over FedEx’s facility in Subic.
US-based United Parcel Service of America Inc., on the other hand, has a hub in Clark, Pampanga.
TNT Express Worldwide (Philippines) Inc. president and country general manager Jose Luis Romero-Salas said yesterday the company was expanding its local operations but declined to give specific details pending approval by the board.
“We are looking to expand the local operations to support the time-sensitive business. We need to put up a domestic network to support this business,” Romero-Salas said.
Salas said the company was putting up additional depots to address increased volumes, particularly in the high-end, time-sensitive business. The volumes, he said, came from domestic clients and from all over the Asia-Pacific region.
“This will be a hub to support TNT’s regional operations,” Romero-Salas said. TNT has existing depots in Ortigas, Makati, Laguna, Cavite and Cebu. Its hub is inside the Ninoy Aquino International Airport in Parañaque City.
The company corners 50 percent of the local market. It caters to specialized demand for courier services.
FedEx has signed a lease agreement with Subic Bay Metropolitan Authority supposedly to expire in 2010. But it announced in 2005 that it would relocate its operations in Guangzhou in 2008 and close down its local hub, citing business opportunities in that region.
With the pullout, the agency stands to lose about P250 million in revenues annually, representing the landing fees of FedEx on top of regular lease and rentals of airport facilities in Subic.
The Subic Bay airport accommodates an average of 18 flights each day and charges $800 per “touch and go” of FedEx planes. FedEx’s pullout would leave around 800 Filipinos jobless.
By Elaine Ruzul S. Ramos - Manila Standard Today
posted by OlongapoCity Zambales at
4:45 PM
0 Comments:
Post a Comment
<< Home