Monday, September 26, 2011

New Intra Asian LCL Freight Services Announced

Direct Routes to Expand Panalpina Offering
Shipping News Feature

ASIA – Supply chain provider Panalpina announced last week it was to introduce three new direct less than container load (LCL) services through its in-house NVOCC Pantainer Express Line. The new guaranteed weekly freight services are connected to the Panalpina key hub in Singapore and are all Singapore inbound from Haiphong (Vietnam), Phnom Penh (Cambodia) and Cebu (Philippines). As such this represents a further expansion of Panalpina’s ongoing Asian growth strategy.

With transit times of three days from Phnom Penh, six days from Haiphong and nine days from Cebu, Panalpina says it can offer a reliable alternative to existing full container load (FCL) and air freight services in these trades combining the reliability of regular departures with the convenience of a cargo consolidation service.

The new LCL services are part of Panalpina’s long term strategy to grow business on key Asia trade lanes, especially on the Far East Westbound, Transpacific Eastbound, Intra Asia, Asia to Latin America and Asia to Middle East trade. Singapore is Panalpina’s most important Asian hub with the group currently employing three hundred or so staff there. It is also one of the key oil and gas hubs along with Houston in the USA, Aberdeen in Scotland and Dubai in the United Arab Emirates and Carsten Meyer, Global Head of Ocean Freight LCL at Panalpina, commented:

“Intra Asia plays a pivotal role in our global LCL network and in the Group’s growth strategy. We are constantly adding new services through our in-house carrier Pantainer Express Line in this fast growing market to simplify and extend access for our customers.”