Best Logistics Companies in Thailand

Thai Summit is also exploring transporting finished vehicles from Indonesia to Thailand and establishing an automobile logistics supply chain. Parent conglomerates can consider carving out their captive-logistics units, allowing them to explore opportunities to serve customers beyond their stable of companies. In the pursuit of local expansion, captive logistics players may also collaborate on joint ventures with other players in the industry. Over the past five years, private equity and venture capital have made financial investments of approximately $37 billion in Asia.

The most important key figures provide you with a compact summary of the topic of “”Logistics industry in Thailand “” and take you straight to the corresponding statistics. Thailand’s logistics performance significantly improved in 2018, owing to the massive investment in transport infrastructure and relevant legal reforms. According to the World Bank’s Logistics Performance Index 2018, Thailand rose to 32nd place in 2018 from 45th in 2016. Thailand’s ranking was second only to Singapore in ASEAN, overtaking Malaysia, and was seventh in Asia. We believe that the power of collaboration and synergy of potentialities among all intra and inter-organizational elements are driven to build the corporate competitive strengths and core competencies towards mutual successes and sustainable growth. Elements are driven to build the corporate competitive strengths and core competencies towards mutual success and sustainable growth.

It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. This logistics market in Thailand research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. The logistics market in Thailand report offers information on several market vendors, including CMA CGM Group, Deutsche Post AG, Kerry Logistics Network Ltd., MON Logistics Group Co. Ltd., Schenker AG, Unithai Group, WICE Logistics Public Company Ltd., Yamato Unyu, and YUSEN LOGISTICS CO. LTD. among others.

The COVID-19 pandemic has accelerated the polarization of leaders and laggards in the logistics industry. The biggest challenge faced by the logistics industry is less about the demand and more about the supply side. Companies that are best able to mobilize operations and assets to serve their customers consistently and resiliently will be the ones to capture a disproportional share of value.

Under the draft bill, the definition of “Thai logistic business” is a company not less than 50% owned by Thai individuals with the majority of its director’s Thai nationals. Once the law is enacted, a special committee will be set up with the duty to set policies suitable for logistics business operators, improve laws and regulations to enhance efficiency, etc. This study identifies the use of blockchain in logistics as one of the prime reasons driving the logistics market in Thailand’s growth during the next few years.

The บริษัทขนส่งสินค้าเอกชน is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, and Value-added Services and Other Services) and End User. The report offers market size and forecasts for Thailand’s Freight and Logistics Market in value for all the above segments. In short, if you have a supply chain issue or challenge to address, it’s very likely one that our team has solved several times before. Your success can depend on finding just the right combination of services.

Capacity shortage on intra-Asia pushing up rates and manufacturing costs Reduced container shipping capacity on intra-Asia trade lanes has led to fewer sailings, higher rates, and … In addition, as CP Group needs to replace and add trucks every year, Hyundai Glovis will gradually expand its electric truck fleet over the next five years, as it expects to export more food products to neighboring countries, including Cambodia and Malaysia. We provide total support, from investment cooperation as a silent partner and undertaking corporate establishment, including registering a company and obtaining licenses, to operational assistance after establishment. Inbound Outbound Door-to-door Logistics Non-Vessel Operating Common Carrier Consolidate shipment from China. For example, they should make preparations to expand their services to make use of the China-Laos speed railway to transport goods for Thai exporters and importers, Ronnarong said.

These companies will be able to use the influx of liquidity to make bolder plays in the market. As well as forwarding operations of air and maritime cargo, we have rolled out temperature-controlled transportation services using our own temperature-controlled storage warehouse and refrigerator trucks, and cross-border land transportation in the ASEAN regions. According to the road growth of Thailand’s economy which affect international import & Export business services.

While most of the clients that have engaged us are based in Bangkok, we’ve also completed many successful projects upcountry, and our team is familiar with local, regional, national, and international supply chain challenges faced by companies in Thailand. Logistics Bureau’s team of leading logistics and supply chain consultants in Thailand are here to help senior business leaders in Bangkok and upcountry Thailand. Thai Summit Group, a major Thai automobile parts producer, is another JV partner and will work with Hyundai Glovis on its transport and warehousing needs. Many Japanese automobile makers have shifted production to Thailand, resulting in it becoming a major vehicle parts manufacturing hub.

Those that leverage this window of opportunity to create a lasting competitive advantage and a strengthened market position will emerge from the pandemic as leaders. The logistics industry in Thailand started booming when the country accepted free trade agreements with foreign countries. Since then, numerous international companies from various industries have established their operations in Thailand, co-invested with Thai corporations.

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