English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 8 June 2021, 11:09 HKT/SGT
Share:
    

Source: Haulio Pte Ltd
Haulio deepens its roots in Thailand

SINGAPORE & THAILAND, June 8, 2021 - (ACN Newswire) - Singapore logistics technology company Haulio announced today that it has made significant headway into Thailand by tying up with CMA CGM (www.cma-cgm.com), a world leader in shipping and logistics. Haulio, using its digital haulage solutions, will move CMA CGM containers on the major inland corridor of Bangkok, Lat Krabang and Laem Chabang.

Headquartered in Singapore since 2017, Haulio is Singapore's fastest growing container haulage platform in the country, with more than 90% of Singapore's hauliers onboard. The company has aspirations to complete the digitalisation of haulage in Southeast Asia by 2025.

With some of Southeast Asia's busiest ports, Thailand has always been a pivotal market for Haulio. The country reported a total import-export CAGR of 2.2% between 2016 and 2018, with a forecasted CAGR of 2.8% from 2021 to 2025, according to IHS Markit's GTA Forecasting.

Since commencing its early-stage pilot in 2020, Haulio has onboarded over 150 trucking companies with a network of more than 3000 container trucks in Thailand and transacted over 300 thousand TEUs on the platform with one of PSA's JV local partners - ESCO.

This contract win with CMA CGM thus represents yet another significant milestone for Haulio, demonstrating its ability for regional scalability of haulage fulfilment.

Moving forward, the company is projecting a 200% quarter-on-quarter growth increase in transactions through this tie-up and an extension of the network effect of Haulio's presence in Thailand. The company aims to scale up to over 1,000 hauliers and 20,000 trucks in the next one year to provide 100% coverage within the country.

Mr Benoit de Quillacq, Managing Director of CMA CGM Thailand, said "CMA CGM's priorities to provide its customers what they need and to ensure operations efficiency can be driven with Haulio's digital solutions and network of hauliers. Our shippers would benefit from streamlined and optimised haulage trips; this consequently reduces carbon emissions from trucking the containers."

"We are delighted to become a haulage solutions provider of CMA CGM in Thailand after experiencing the benefits of our platform in Singapore. This serves as a huge validation to a young startup like us as we embark in our journey in solving real problems with an industry leader like CMA CGM. With container shipping volumes rising, it is imperative that greater efficiency and digitalization is achieved on the haulage end. While the importance of business margins cannot be overstated, it needs to be said that we owe it to ourselves to reduce the carbon footprint of this industry," said Alvin Ea, Co-Founder and CEO of Haulio.

About Haulio

Haulio is Singapore's fastest-growing container haulage platform, with the greater vision of connecting global trade to local first-mile transportation across ASEAN. The company believes in uplifting the industry by empowering its ecosystem of users with its technology. Through the optimisation of resources, Haulio aims to revolutionize international freight logistics towards a collaborative and sustainable future. For more information, visit https://www.haulio.io.

For all media queries:
Ashley Tan / Chin Gon Yew
FPR
T: 6438-2990
E: haulio@financialpr.com.sg

Topic: Press release summary
Source: Haulio Pte Ltd

Sectors: Transport & Logistics, Daily News, Digitalization, Local Biz
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Dates Announced for ASEAN Ceramics as Messe Munchen & Asian Exhibition Services Collaborate to Stage the Shows from 2022  
Sept 20, 2021 10:25 HKT/SGT
Hydrogen-powered Engine Corolla Takes on the Challenge of Transporting Imported Hydrogen at Super Taikyu Series 2021 Suzuka S-tai  
Sept 20, 2021 08:03 HKT/SGT
Bluebik (SET: BBIK) debuts September 16 trading on SET  
Sept 20, 2021 08:00 HKT/SGT
Scout Gaming the Leading Provider of B2B Daily Fantasy Sports Enters US Market via Partnership with SCCG.  
Sept 18, 2021 00:09 HKT/SGT
World's Top Universities Look to Scale a Certified Blockchain Workforce  
Sept 17, 2021 23:31 HKT/SGT
Massive NFT and Token Giveaway from Polker as Staking is Announced  
Sept 17, 2021 19:00 HKT/SGT
Shareschart Launches Its Online Proprietary Stock Analysis Software  
Sept 17, 2021 19:00 HKT/SGT
TVS Motor Company Forays Into the Personal E-Mobility Business With a Majority Stake in European E-Bike Brand EGO Movement  
Sept 17, 2021 18:14 HKT/SGT
Ni Hsin Signs MoU with Tailg for Electric Vehicles Collaboration  
Sept 17, 2021 14:00 HKT/SGT
FULONGMA heralds Thailand's EV sanitation equipment breakthrough  
Sept 17, 2021 11:34 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575