United Parcel Service of America, Inc., DHL International GmbH (a subsidiary of Deutsche Post AG) and Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.) are Dominating in the Southeast Asia Third Party Logistics Market in 2020

Southeast Asia Third Party Logistics Market is expected to grow with the CAGR of 12.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:

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Southeast Asia third party logistics market is a highly consolidated market which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Southeast Asia third party logistics market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in July 2020, United Parcel Service of America, Inc. announced that they have opened a new regional hub adjacent to the port of Tacoma. This has allowed the company to further facilitate the customers between the Pacific Northwest and the world as well as serve them better in this rapidly changing landscape. It also increases their operational capacity.  

United Parcel Service of America, Inc. is the dominating player in Southeast Asia third party logistics market. The other key players existing in the third party logistics market includes DHL International GmbH (a subsidiary of Deutsche Post AG), FedEx, XPO Logistics, Inc, Kuehne+Nagel, Schenker AG, DSV, Expeditors International of Washington, Inc., C.H. Robinson Worldwide, Inc., Nippon Express Co., Ltd., Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.), CJ Logistics Corporation, Kintetsu World Express, Inc., Samudera Shipping Line Ltd, Singapore, PT. Cipta Mapan Logistic, KERRY LOGISTICS NETWORK LIMITED, SINOTRANS Limited, Hitachi Transport System, Ltd., Whitebox Singapore, International Press Softcom Limited, Lalamove, NINJA LOGISTICS SDN BHD, Lion Parcel, JNE and J&T Express Singapore among others.

United Parcel Service of America, Inc.:

United Parcel Service of America, Inc. is headquartered in Atlanta, U.S. and was founded in year 1907. The company is engaged in providing the customized transportation and logistics services. The company operates their business through the U.S. domestic package, international package and supply chain & freight. The company offers wide range of services under categories such as shipping, tracking, international shipping, billing, integrating UPS technology, sustainability, customer solutions, e-commerce and contract logistics in which shipping, tracking, international shipping and contract logistics are the market focused categories.

For instance,

  • In January 2021, United Parcel Service of America, Inc. announced that their UPS Freight has been acquired by TFI International Inc. in a deal amounting to USD 800.00 million. Its less-than-truckload business will operate under the company. It has turned out to be a strategic decision for both the companies. This has enabled the company to increase their focus into core parts of their businesses which will further improve their customer feedback as well as drive their revenues.

The company has wide presence across Europe, Americas, Asia-Pacific and Middle East and Africa and generates revenue from subsidiaries such as BSH Hausgeräte (Germany), Dremel (U.S.), Bosch Rexroth (U.S.), Bosch Thermotechnik GmbH (Germany) and Bosch Sicherheitssysteme (U.S.) among others.

DHL International GmbH (a subsidiary of Deutsche Post AG):

DHL International GmbH (a subsidiary of Deutsche Post AG) is headquartered in Bonn, Germany and was founded in 1969. The company offers services and deliveries in global freight forwarding which includes global freight by sea, air, road and rail. The company offers services under categories which are express services, parcel & ecommerce, supply chain solutions, freight transportation, mail and warehousing & distribution out of which express services, supply chain solutions, freight transportation and warehousing & distribution are the market focused categories.

For instance,

  • In November 2020, DHL International GmbH (a subsidiary of Deutsche Post AG) announced that they will invest USD 813.00 million to increase their capacity in the growing markets of Asia-Pacific including Australia, Japan and Hong Kong among others. It will increase their shipment volumes by 30-40 percent. This has enabled the company to grab a greater market share which will further increase its revenue.

The company has wide presence across Americas, Europe, Middle East and Africa and Asia-Pacific and generates revenue from subsidiaries such as DHL Aviation (U.K.), AeroLogic (Germany), DHL Aero Expreso (Panama), DHL Air UK (U.K.), Blue Dart Aviation (India), Vensecar Internacional (Venezuela) among others.

Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.):

Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.) is headquartered in Melbourne, Australia and was founded in 1888. The company is engaged in offering innovative smart solutions to overcome logistics, transport or supply chain challenge. The company provides services under categories such as freight, logistics and express services and out of which freight and logistics are the market focused categories.

For instance,

  • In April 2020, Toll Holdings Limited (a subsidiary of Japan Post Holdings Co.,Ltd.) announced that they have opened their fourth warehousing facility in Maharashtra. The warehouse hosts a mix of various features and is situated in the outskirts. This has enabled the company to support their rapidly growing businesses which will further increase their overall revenues.

The company has presence across the globe in Americas, Europe, Middle East and Africa and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as Toll Express Japan Co., Ltd. (Japan), Toll Priority (Australia), Toll Global Forwarding Limited (India), Toll IPEC (Australia) and Toll NZ (New Zealand) among others.