Top Stories
AI_GBO_Image

SE Asian logistics major J&T Express establishes new warehouse in Singapore

The new warehouse will pave the path for J&T Express to provide a seamless experience for both consumers and sellers inside Singapore

Indonesian logistics major, J&T Express has expanded its presence in Singapore by establishing its third warehouse, media reports said. The move by the company will assist them to develop a nationwide warehouse network.

The development also reflects the company’s exponential growth amid the outbreak of the Covid-19 pandemic and also the company’s ambitions towards becoming the best in the logistics segment.

It is reported that the new warehouse will pave the path for J&T Express to provide a seamless experience for both consumers and sellers inside Singapore. Furthermore, the warehouse will assist the company to improve its efficiency and to ramp up its daily volume capacity.

The company has grown steadily since its launch in 2015. It has expanded its network across economies such as Singapore, Malaysia, Vietnam, the Philippines, Thailand, Cambodia and China. The company is one of the fastest-growing ecommerce companies in China.

J&T Express has a strong relationship with companies such as Amazon, Lazada, Shopee and eCapitaMall in Singapore, including local brands as well. Therefore, the company has been in the limelight among the top logistics companies.

Andrew Sim, chief executive at J&T Express Singapore, told the media, “The plan to open our third warehouse within a year of entering the Singapore market is a significant achievement for the team at J&T Express. Our agility and ability to adapt have contributed to our unprecedented growth during this period of drastic change.”

The global logistics sector has been hampered by the pandemic. However, only a few companies have managed to remain afloat in the global market.

Related posts

Thai Airways to undergo restructuring

GBO Correspondent

Bank of France aims to reduce its exposure to oil

GBO Correspondent

Brazil’s economic downturn is worse than expected: IMF

GBO Correspondent