Saudi wins 3.22pc of global logistics services
Jeddah, June 29, 2010
Saudi Arabia has achieved 3.22 per cent share of the worldwide logistics services while Germany claimed the first place with 4.11 per cent, said a top official.
"Service excellence is a primary concern and serves as the backbone of our growth strategy in the Saudi Arabia,” said Nael Attiyat, sales and marketing director of TNT SAB KSA, a leading express company in the country.
“Especially that domestic developments lead by the planned Economic Cities emphasizes the strong demand for sector growth.”
“The cities alone would contribute an additional 86 to 129 million tons per annum which is approximately 30 per cent of the expected growth in cargo flow through the kingdom. Saudi Arabia domestic cargo demand alone is expected to grow by a 4 to 5 per cent through 2020, while international flows are expected to grow at 5 per cent and 7 to 8 per cent for air and sea cargo, respectively,” Attiyat added.
“Accordingly we have invested in new range of technology solutions as well as in human resources, increasing our manpower headcount by up to 20 per cent in line with the opening of nine new branches across the country to accommodate the sector growth.”
Attiyat said TNT has seen enhanced business performance after introducing a new range of customised express service solutions designed primarily for Saudi customers.
He pointed out that Saudi Arabia has emerged as a key growth area because of the country's large local and expatriate population, which creates a huge business potential for various domestic and international express services.
TNT will focus on major accounts in the country, work towards doubling its team, and restructure its sales team set up, Attiyat said. – TradeArabia News Service