[photopress:sai_cheng_china_post.jpg,full,alignright]It sounds dashed unlikely but Australia Post’s joint-venture logistics company in China, Sai Cheng, is tipping a growth rate of more than 40% this year after completing its first 12 months of operation.
(If you have had experience with the British Post Office, clearly differentiate it in your mind from the Australian version. Australia Post is seriously dynamic. It will deliver anything. Even your groceries which you order on the Internet.)
Grant Kelly who is chief executive of Sai Cheng said he was confident of strong growth. He said, ‘China’s international freight market is growing at 25% a year. We should grow faster than that in turnover, although it is off a small base.’
Last year, Sai Cheng — a joint venture between Australia Post and China Post — set up five logistics centers. The company spent 2005 establishing its operations in China. Now there will be another logistics hub in Tianjin in northern China. Grant Kelly said, ‘This will be near China’s growing manufacturing base.’
Sai Cheng does not handle just general mail; it carries a variety of freight, from computers to music, printed matter and clothing. As well, Sai Cheng freights the goods of one Australian company from China direct to the retail shop in Australia. There is also a logistics hub in Pudong Airport for freight distribution, another warehouse in Shenzhen, and port operations in Qingdao.
Source: The Age
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