K Line Auto Logistics Philippines, Inc. (‘KALP’), a joint venture between ‘K’ LINE and local partners, has signed a contract with a major automobile manufacturer and started to work together with them from this November.
In Asia, where automobile sales are becoming more active, especially within the ASEAN region, demand for finished car distribution is increasing, particularly the improvement of the efficiency of supply chains for transport and sales of imported/manufactured automobiles. In particular, the Philippine’s domestic distribution demand of finished vehicles is increasing; new car sales in the Philippines having recorded their highest totals for five consecutive years, in 2017, an increase of about 16% was recorded.
KALP provides services for import customs clearance, land transportation, storage, and Pre-Delivery Inspection (PDI). Last year, in Vietnam, where the growth of new car sales is also considerable, the company started a total logistics service for finished vehicles for the first time in that country, and have been providing integrated transportation in cooperation with maritime transportation service with its own Pure Car Carrier (PCC).
Launching of KALP’s automobile logistics-related service will be the 10th (tenth) country, with service now covering major ASEAN countries.