China’s new postal law, which comes into effect from October 1, will have a negligible impact on TNT’s mail and express delivery business in China. This according to a company official who added that the express delivery service supplier will continue its commitment to investing and growing in the country.
China’s new postal law gives exclusivity to State-owned post offices for intra-city express delivery of items under 50g and intercity delivery of items under 100g, which means that private mail services may lose 80% of the express delivery market.
The company has launched a newly dedicated B747-400 extended range freight service between Hong Kong and Liege in Belgium, TNT’s European air hub.
TNT said the non-stop cargo flights, three times a week from Hong Kong and probably four times a week in the foreseeable future, will enable the company to offer faster transit times, greater control and visibility over shipments to Asia, the Pearl River Delta region in South China, and Europe.
Michael Drake, regional managing director for TNT North Asia, said, "I don’t think the new postal law will influence much of our business in China, as our business primarily focuses on international mail and express delivery service."
CargoNews Asia reported that according to Drake, the east and south of China are the nation’s two key regions that have the most freight that relies on express delivery by air. The new service supplements a similar service between Shanghai and Liege, which was launched in early 2007, while further enhancing the connectivity between TNT’s leading express networks in the two regions.