Wednesday, June 04, 2008

Business: Outstanding transportation & logistics companies honored

Singapore (BUSINESS WIRE) - Frost & Sullivan today presented 28 awards to the best companies in the transportation and logistics sector in South East Asia at the 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards banquet at the Grand Copthorne Waterfront in Singapore.

The awards banquet was officiated by Mr Png Cheong Boon, Acting Chief Executive of SPRING Singapore.

The Awards, based on a Voice of Customer research, seek to recognize best practices and outstanding performance by third party logistics service providers and transportation companies in four key ASEAN countries - Indonesia, Malaysia, Singapore, Thailand and also at the ASEAN level.

NYK Logistics was named as the Best Logistics Service Provider (ASEAN) for the second consecutive year while Singapore's Changi Airport and Port of Singapore were selected as recipient for Best Airport for Cargo (ASEAN) and Best Seaport (ASEAN) respectively.

"This year, we will also be embarking on a capability study, with the Singapore Logistics Association, to benchmark the capabilities of all logistics service providers in Singapore. A yearly capability index, serving as a performance indicator for all logistics service provider in Singapore, would be designed by Frost & Sullivan," said Mr Kavan Mukhtyar, Partner at Frost & Sullivan.

"This study will provide a cost-effective platform for companies to assess their capabilities, identify their performance gaps and address them," added Mr Png Cheong Boon, Acting Chief Executive of SPRING Singapore. "Both large and small medium logistic enterprises can benefit from this initiative as well as the other initiatives supported under the Local Enterprise and Association Development (LEAD) programme, by SPRING and IE Singapore," he said.

Mr R Gopal, Director of Transportation & Logistics, Asia Pacific, Frost & Sullivan said that local third party logistics (3PL) companies such as Keppel Logistics, YCH and Trans-Asia Shipping Corporation are being selected as award recipients once again this year.

"This shows that local companies are beginning to give some serious competition to multinationals," he added.

"The recipients of the 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards clearly demonstrated outstanding commitment to its clients. The award recognizes the excellent services provided by the 3PL and transportation companies," he added.

Mr Gopal also said that the award recipients were identified based on a satisfaction ratings by logistics end users. The recipients were evaluated by the logistics end users based on 20 parameters which include commitment to customers' needs, domestic and international network reach, warehouse facilities, industry expertise, payment flexibility, customized service, among others.

This year, Frost & Sullivan has also introduced five new categories cargo handling for airport and seaport, transport management systems, warehouse management systems at the ASEAN level and express services at the country-level.

The 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards banquet is co-hosted by the Singapore Logistics Association and is supported by SPRING Singapore, International Enterprise Singapore, Economic Development Board, The Logistics Institute - Asia Pacific.

Media partners for the event include Logistics Insights Asia, Business Today and Logistics Digest.

Saluting ASEAN's bestFrost & Sullivan congratulates all the outstanding recipients of the 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards 2008 Frost & Sullivan ASEAN Transportation & Logistics AwardsVoice of Customer Category Award RecipientASEAN

1. Best Airport for Cargo (ASEAN) Civil Aviation Authority of Singapore for Changi Airport
2. Best Seaport (ASEAN) Maritime And Port Authority of Singapore for Port of Singapore
3. Best IT Systems Vendor for Warehouse Management (ASEAN) Manhattan Associates
4. Best IT Systems Vendor for Transport Management (ASEAN) Oracle
5. Best Logistics Service Provider (ASEAN) NYK Logistics INDONESIA
6. Best Automotive Logistics Service Provider (Indonesia) PT NYK Puninar Logistics
7. Best IT/Electronics Logistics Service Provider (Indonesia) DHL
8. Best Retail & Fast Moving Consumer Goods Logistics Service Provider (Indonesia) APL Logistics
9. Best Pharmaceutical Logistics Service Provider (Indonesia) Panalpina
10. Best Domestic Logistics Service Provider (Indonesia) Samudera Indonesia Group
11. Best Express Service Provider (Indonesia) DHL MALAYSIA
12. Best Automotive Logistics Service Provider (Malaysia) Trans-Asia Shipping Corporation
13. Best IT/Electronics Logistics Service Provider (Malaysia) Nippon Express
14. Best Retail & Fast Moving Consumer Goods Logistics Service Provider (Malaysia) Trans-Asia Shipping Corporation
15. Best Pharmaceutical Logistics Service Provider (Malaysia) Panalpina
16. Best Domestic Logistics Service Provider (Malaysia) Tiong Nam
17. Best Express Service Provider (Malaysia) DHL SINGAPORE
18. Best IT/Electronics Logistics Service Provider (Singapore) YCH Group
19. Best Retail & Fast Moving Consumer Goods Logistics Service Provider (Singapore) Keppel Logistics
20. Best Pharmaceutical Logistics Service Provider (Singapore) Schenker
21. Best Domestic Logistics Service Provider (Singapore) YCH Group
22. Best Express Service Provider (Singapore) FedEx THAILAND
23. Best Automotive Logistics Service Provider (Thailand) CEVA
24. Best IT/Electronics Logistics Service Provider (Thailand) CEVA
25. Best Retail & Fast Moving Consumer Goods Logistics Service Provider (Thailand) IDS Logistics
26. Best Pharmaceutical Logistics Service Provider (Thailand) Inter Express Logistics
27. Best Domestic Logistics Service Provider (Thailand) Ruam Thavorn Transport
28. Best Express Service Provider (Thailand) DHL

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com Frost & Sullivan Corporate Communications Asia Pacific:Alice Chia, +603 6204 5899 Mobile: +6012 277 5030 alice.chia@frost.com

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