J&T expands logistics network coverage to Mexico
The logistics industry in Southeast Asia has been growing rapidly as demand for such services continues to increase. Today, there is a myriad of logistic companies catering to every business need in the region.
From large established companies to small startups hoping to make a mark in the logistics industry. While the large companies offer a variety of services, the smaller ones cater to specific industry needs, enabling them to specialize in it.
The global logistics market reached a value of US$ 4.92 Trillion in 2021 and is expected to reach US$ 6.55 Trillion by 2027. Keeping in mind the uncertainties of COVID-19, geopolitical tensions and natural disasters that can contribute to supply chain disruption, the logistics industry still continues to expand.
Part of the growth in the logistics industries is due to the increasing e-Commerce sales locally and internationally. Today, most e-Commerce platforms have already established or acquired logistic companies to improve their services to customers. For example, e-Commerce company has Shopee Express for its delivery needs while Lazada also has its own delivery system.
Apart from that, the logistics industry is also spurred on by improvements in technology enabling better-connected services. Lalamove for example provides delivery services by connecting users with delivery drivers on its mobile and web apps. The company operates in cities across Asia and Latin America and has more than 700,000 delivery riders.
As companies began expanding their services globally in the logistics industry, J&T Express has become the latest Asian logistics company to enter the Latin American market. The international express logistics company recently announced the launching of its network in Mexico.
According to Charles Hou, Group Vice President of J&T Express, the launch in Mexico is an integral step in the expansion of the company’s global network, which further demonstrates the benefits of the regional sponsorship model in their global expansion.
“As part of a new generation of express logistics companies with an increased focus on internationalization, J&T Express attaches significant importance to the Latin American market. In the future, we hope to continue building our competitive advantage through refined local operations, our unique management model, and technological improvements, to provide customers with quality logistics experience,” commented Hou.
This latest expansion brings J&T Express’ global network coverage to a total of eleven countries, enabling the logistics leader to support its customers to further tap into the e-commerce boom by reaching global markets beyond Asia.
With 12 sorting centers and 26 distribution centers in Mexico, the network covers key regions in all 32 Mexican states. As an important aspect of its courier service, the Mexican version of the J&T Express mobile application will also be launched soon.
Ryan Zhang, Head of J&T Express Mexico, said, “Mexico is a logistics hub in Latin America, and home to the headquarters of many Latin American companies. It serves as an important strategic channel for J&T Express to continue its expansion in the market. This network launch is another milestone in J&T Express’ international strategy, and we hope to create a pleasant courier and shipping experience for our Mexican customers through efficient and high-quality services.”
Previously, J&T Express’ delivery network covered ten countries and regions including China, Indonesia, Malaysia, Thailand, the Philippines, Cambodia, Singapore, the UAE, and Saudi Arabia. Following the successful launch of the network in Mexico, J&T Express’ first stop in Latin America, the company aims to further cultivate emerging markets and expand its global footprint in the future to connect the world with greater efficiency and bring the benefits of logistics services to all.
This milestone is one of several strategic initiatives undertaken by J&T Express recently as it aggressively expands its global coverage to offer customers extensive e-commerce reach.
In Singapore, J&T Express has built its current suite of offerings including last-mile delivery, fulfillment, sales channel management, and international shipping which has been enhanced to cover over 220 countries and regions worldwide. The newly launched warehouse at Changi Airfreight Center will ensure greater efficiency and security of quality international delivery services offered to both local and regional customers.
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