Thursday 28 Mar 2024
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SINGAPORE (Aug 31): Singapore Post and POST Luxembourg have signed a strategic collaboration agreement to provide end-to-end e-commerce logistics solutions between Asia and Europe, according to joint press release issued today.

The collaboration will enhance the growth and optimisation of SingPost’s e-Commerce logistics capabilities in Europe, while diversifying and strengthening POST Luxembourg’s logistics business.

It is also expected to bring about better and faster delivery of e-commerce shipments for customers of both companies.

Customers will also enjoy the benefits of end-to-end tracking, as well as more predictable delivery times.

Commenting on the move, Mervyn Lim, Covering Group Chief Executive Officer of SingPost, said: “Our collaboration with POST Luxembourg will boost our presence, capabilities and e-Commerce logistics network in Europe. POST 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.”

Shares of SingPost closed 0.7% lower at S$1.365.

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