The company estimates the scheduled cross-border road freight service could help businesses reduce freight cost by up to 25 percent compared to air freight, and benefit from the shorter transit time of at least one day relative to ocean freight on a port-to-port basis.
'In the past year, we have seen an increasing demand for road freight service in addition to air and ocean freight services,' said DHL Global Forwarding South Asia Pacific. 'The volume of goods transported overland between the three countries is poised to grow between 2009 and 2014, with the movement of goods in the automotive, electronics and consumer goods industries expected to register an annual compounded growth rate of 8 percent each.'
Bilateral trade between Malaysia and Thailand increased from $15 billion in 2006 to $19.6 billion in 2008, while Malaysia is also Singapore’s top trading partner with bilateral trade reaching $78 billion in 2008, a 1.4 percent increase from the year before.
'Traditionally, shipments are transported into Bangkok for domestic distribution in Thailand,' DHL Global Forwarding South Asia said. 'However, we recognized the growing demand in southern Thailand and designed our service to enable goods transported into Thailand to be cleared at the border in Sadao before onward distribution within the area.'
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now