Two Taiwanese couriers to expand into China in 2011.
Taipei, Dec. 8, 2010 (CENS)--Seeing the ballooning trade between Taiwan and China in the wake of the ECFA (economic cooperation framework agreement), Taiwan's two leading couriersXPresident Transnet Corp. and Taiwan Pelican Express Co., Ltd.Xwill explore the market in China, with the former to offer two-way courier service between Taiwan and Shanghai next year and the latter delivering between Taiwan and Xiamen, Fujian Province.
President Transnet, an affiliate of Uni-President Group, partners with Japan's Yamato Transport Corp. as courier in Taiwan, renowned for express home delivery or takkyubin in Japanese, with the joint venture having recently decided to expand into Japan, Singapore and China.
C. P. Hsu, president of President Transnet, disclosed that the company is expected to deliver some 50,000 items to Japan, Singapore and China next year, generating charges exceeding NT$20 million (US$625,000).
Last year President Transnet scored revenues of NT$4.5 billion (US$140.63 million), up by 15% from a year earlier, with revenues this year very likely to rise to NT$5 billion (US$156.25 million).
Taiwan Pelican, an affiliate of Teco Group, plans to focus on Xiamen to test two-way cross-strait courier service, to initially deliver goods through Xiamen only for Teco Group's footholds in China and Taiwan.
A Teco executive says the firm runs a gamut of businesses from motors, electric machinery, 3C products and home appliances to instant foods, so Taiwan Pelican can courier foods from Taiwan to the Group's convenience chain stores in China, and send the Group's home appliances manufactured in China back to Taiwan. If such trial services goes smoothly, then the company will later extend services to other corporate clients and even individuals in China.
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|Title Annotation:||President Transnet Corp., Taiwan Pelican Express Co., Ltd.|
|Publication:||The Taiwan Economic News|
|Article Type:||Brief article|
|Date:||Dec 8, 2010|
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