Singapore Post (SingPost) and POST Luxembourg have signed a strategic collaboration agreement to provide end-to-end e-commerce logistics services between Asia and Europe.
Under the deal, SingPost will become POST Luxembourg’s new gateway to Asia, while the Luxembourg postal authority will be a new European gateway for SingPost effective end of this month.
Customers of both companies will be offered end-to-end tracking of their e-commerce shipments and delivery times will also be more predictable, the postal providers said in a joint
statement.
Win-win situation
Mervyn Lim, acting Group Chief Executive Officer of SingPost, said: “Luxembourg’s strategic location in the heart of the continent, and its excellent relationship with the customs authorities,
will benefit our customers and their businesses."
Claude Strasser, CEO of POST Luxembourg, stated: “It was important for us to find a strategic partner covering the entire Asian territory.” He went on to say: “We will benefit from SingPost’s
access to the Asian market and it allows us to attract European e-commerce customers with a true value proposition.”
Nol van Fenema
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