Malaysia Courier, Express, And Parcel (CEP) News

Recent industry report about Malaysia Courier, Express, And Parcel (CEP) company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Malaysia Courier, Express, And Parcel (CEP) Market industry experts.

Malaysia Courier, Express, And Parcel (CEP) News

  • July 2022: Through the use of the bank's digital collection technology OCBC OneCollect, OCBC Bank (Malaysia) Berhad (OCBC Bank) and delivery firm J&T Express (Malaysia) Sdn Bhd (J&T) are working together to make "last mile" delivery safer and more practical for over 1,500 couriers in Malaysia. All J&T Express couriers around the country will gradually begin using the digital collection solution as part of the collaboration, which builds on prior accomplishments since the two first worked together in 2021. There will also be an in-store presence.
  • July 2022: The AirAsia Xpress by AirAsia Super App parcel delivery service has increased its offerings and will now provide door-to-door service between the Klang Valley and important cities around the nation, including Ipoh, Johor Bahru, Melaka, Penang, Kuching, and Kota Kinabalu. Users of the AirAsia Super App can now have their packages delivered throughout Peninsular Malaysia (from the Klang Valley to Ipoh, Johor Bahru, Melaka, and Penang, and vice versa) within 1-3 days.
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  • July 2022- UPS introduced a new route from Suvarnabhumi Airport in Bangkok, Thailand, to its inland Asian hub in Shenzhen, China, to enhance international trade opportunities for Thai businesses.
  • January 2022- Kerry Express partnered with Grab Thailand to introduce two new pick-up services during Valentine's season in February. The instant pick-up service allows items to be collected within 30 minutes, while the express pick-up service enables customers to schedule a parcel collection every hour. These new services, available on the Kerry Express app, were set to pilot in the Greater Bangkok area.
  • October 2022: Sealand Maersk Company, a Maersk subsidiary specializing in intra-European logistics, is launching a new rail product from Spain to the United Kingdom specifically designed for temperature-sensitive cargo such as fruits and vegetables. The new transport option is designed specifically for Spanish fresh produce, has a flexible capacity, and will begin with three weekly departures from the Valencia terminal to the Barking terminal in East London. On their southbound journey from the UK to Spain, the trains will also transport non-refrigerated cargo.
  • September 2022: Lineage Logistics, LLC, a provider of temperature-controlled industrial REITs and logistics solutions, announced the completion of its acquisition of Grupo Fuentes, a major operator of transport and cold-storage facilities based in Murcia, Spain. Grupo Fuentes manages a fleet of over 500 vehicles and trailers, as well as six logistics centers, a cold storage warehouse, and value-added services to support those facilities. It is also a founding member of Reefer Terminal, a strategic alliance aimed at developing an intermodal transportation platform that combines road and rail cold-storage transport services.

September 2022: DHL Supply Chain strengthens its presence in Mexico by acquiring pharmaceutical and healthcare logistics specialist NTA.

May 2022: Rhenus Group, one of the world's leading logistics service providers, has officially opened a branch in Bogota, Colombia. Rhenus presence in Colombia has been firmly established over the years through local network partnerships. The company has opened its own office in Bogota to serve its growing customer base and offer comprehensive air and ocean freight forwarding, project logistics solutions and in-house services.

  • July 2022- UPS introduced a new route from Suvarnabhumi Airport in Bangkok, Thailand, to its inland Asian hub in Shenzhen, China, to enhance international trade opportunities for Thai businesses.
  • January 2022- Kerry Express partnered with Grab Thailand to introduce two new pick-up services during Valentine's season in February. The instant pick-up service allows items to be collected within 30 minutes, while the express pick-up service enables customers to schedule a parcel collection every hour. These new services, available on the Kerry Express app, were set to pilot in the Greater Bangkok area.
  • January 2022: MOVIANTO, a pharmaceutical logistics provider in Spain, invested 38 million euros (USD 41.88 million) in a new center in Numancia de la Sagra (Toledo). The new space will have an area of ​​40,000 m2 and a capacity for more than 35,000 pallets at a controlled temperature, which will double, and even triple, the company's capacity in Spain.
  • August 2022: UPS planned to acquire BomiGroup, an industry-leading multinational healthcare logistics provider in Italy. The transaction will add temperature-controlled facilities in 14 countries and nearly 3,000 highly-skilled BomiGroup team members to the UPS Healthcare network in Europe and Latin America.
  • February 2023: In a bid to expand the Trincomalee Port the Sri Lanka Ports Authority (SLPA) will invest to build a warehouse, administrative building and add several other infrastructures to it, announced the Minister of Ports and Shipping of Srilanka. Jetty would be deeper and will initiate programs to attract cruise and passenger vessels to the harbor as well.The Trincomalee Port has made profits in the recent past which would be plowed in to invest to add these infrastructures.
  • February 2023: The Trincomalee port, the fifth largest natural harbor in the world, has received a JPY 1 billion (USD 7.52 million) night navigation operations facility from Japan. The project includes a state-of-the-art Vessel Traffic Management System, Radar Equipment, Lighthouse Equipment, 16 Navigation Buoys, two Mooring Buoys, two 400KV Generators, 14 Fire Pumps with machinery, and a Pilot Vessel provided by the Japan International Cooperation System (JICS) with the assistance of the Government and the People of Japan.
  • October 2022: Edamah held a ceremony for its Sitra Logistics Park, a top-notch warehouse facility that would support Bahrain's logistics sector. Numerous industrial, commercial, and logistical facilities are present at the 87,382 square meters of Sitra Logistics Park and can be modified to suit the needs of tenants. Trident Warehousing, one of the Park's largest customers, signed a ten-year lease for an 8,137 square-meter building for USD 7 million.
  • September 2022: International Maritime Industries (IMI), the largest shipyard in the MENA region, and Bahri Logistics, one of Bahri's business groups, have announced a long-term deal to improve their supply chain through cutting-edge storage and logistics services. According to the contract, IMI will employ Bahri Logistics' experience to handle and manage 33 stores, three warehouses, and its yard in Ras Al Khair, Saudi Arabia.
  • October 2022: Snowman Logistics Limited launched Fifth-Party Logistics (or 5PL) services in India, making it the first company in the country to do so in the cold chain logistics and supply chain management sectors. The demand for 5PL services has gradually increased in recent years due to the growth of e-commerce businesses, an increase in international trade activities, and increased supply chain complexities.
  • January 2022: Celcius, a SaaS-based cold chain aggregator platform, announced a financial partnership with Shriram Transport Finance Company (STFC) to finance vehicles and working capital for the cold supply chain market. The two partners will provide light and heavy commercial vehicles to the cold chain industry as part of the collaboration, which marks STFC's entry into the cold supply chain segment.
  • November 2022: UPS acquires healthcare logistics provider Bomi Group to expand its temperature-controlled facilities. With this acquisition, the UPS Healthcare network in Europe and Latin America will gain access to temperature-controlled facilities in 14 countries and over 3,000 highly qualified Bomi Group team members.
  • March 2022: Lineage Logistics LLC, the world's largest and most innovative temperature-controlled industrial REIT and logistics solutions, provides acquired MTC Logistics, a leading cold-chain provider in four strategic locations on or near the ports of Baltimore, MD, Wilmington, DE, and Mobile, AL. These facilities will expand Lineage's current footprint, which already includes over 400 strategically positioned facilities with a combined capacity of over 2 billion cubic feet across 19 nations.
  • October 2022: FedEx integrated WhatsApp notifications into digital e-commerce delivery solution for residential customers in nine markets in the Asia Pacific, Middle East and Africa (AMEA) region
  • June 2022: CJ Century Logistics Holdings Bhd has disposed its loss-making courier services business in Malaysia.
  • May 2022: TASCO Berhad announced a Memorandum of Understanding with GDEX Berhad.