KUALA LUMPUR: Capital A Bhd's logistics arm Teleport is targeting to deliver two million parcels daily in Southeast Asia by 2025 in line with its aim to become a global express services provider.
Teleport chief executive officer Pete Chareonwongsak said the demand for express delivery between China and Southeast Asia countries are increasing.
The e-commerce business in these markets are expected to grow to US$3.8 billion in freight value in 2025.
"The market is ready. We are ready. We want to change the game of how cross-border logistics is delivered in Southeast Asia. Delivering fast, affordable and reliable service is hard but we believe our approach can make this a reality for all.
"Controlling the right hybrid belly network, enabled by the right use of technology and the right operating model provides our customers and partners a next-day service in Southeast Asia that for the first time everyone can afford," Chareonwongsak said at a media briefing here today.
He also said the cross-border e-commerce volume by air is forecasted to grow 20-25 per cent through to 2027.
He said Teleport plans to achieve its two million daily parcels delivery by 2025 through three methods, including leveraging on a multi-hub hybrid mid-mile belly network of freighters and passengers' aircraft belly space of over 30 airline partners combined.
Besides utilising AirAsia airplanes' belly space, Teleport is looking to partner with other carriers in Southeast Asia to deliver more parcels using one airway bill.
Teleport will also provide seamless digital first-to-last mile delivery service as well as affordable pricing and growing network access.
"This is our next stage of growth. Affordable, next-day delivery for all in Southeast Asia is the final mission from the day one vision.
"Our next five years will deliver this and help all businesses with simpler and better service, but also our airline partners will never have to fly empty. We succeed when we ensure everyone wins with Teleport. Market growth is unlimited when we do," he said.
He added that Teleport would be adding another seven freighter aircraft into its fleet although the airplanes may not be Airbus A321 freighters.
"We're looking for the right homes for all those seven additional freighters in these countries (Southeast Asian countries - Indonesia, Thailand, Vietnam, Cambodia and Singapore) and it may not be A321 (freighters). It could be another type of freighter (aircraft)," he said.