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Transportation Thailand

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    Transportation Thailand Suppliers


    Transportation Thailand Supplier

    Find the right-fit transportation thailand supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    DEUTSCHE POST AG
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

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    Up to 3 months

    1 9
    1
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    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    58

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    71
    Social
    52
    Governance
    61
    6 Domains Performance (/100)
    Business behaviour
    55
    Human rights
    56
    Community Environment
    44
    Corporate governance
    65
    Human resources
    52
    Security Scorecard
    93

    Threat indicators
    B
    87
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    100
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    79
    Application Security
    Detecting common website application vulnerbilities
    A
    97
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    99
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    deutschepost.de
    Industry average
    Adverse Media Appearances
    Environmental Issues
    2
    Workforce Health Safety Issues
    0
    Product Service Issues
    40
    Human Rights Issues
    0
    Production Supply Chain Issues
    12
    Environmental Non Compliance Flags
    54
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    13
    Fraud Issues
    0
    Labor Health Safety Flags
    38
    Regulatory Issues
    13
    Workforce Disputes
    21
    Sanctions
    0
    esg energy transition
    80
    Discrimination Workforce Rights Issues
    17
    esg controversies critical severity
    No

    Transportation Thailand market report transcript


    Regional Market Outlook on Transportation 

    The country has more than 1 million trucks operating in the market, but the shippers are provided with a limited number of logistics service providers, who can provide integrated logistics services.

    Road freight is the dominant mode of transportation, transporting more than 85 percent of the country's goods and is highly fragmented, due to a large number of individual truck owner operators.

    Market Overview of Thailand Road Freight

    • The trucking industry is highly fragmented with more than 9,623 logistics service providers (LSP) involved in road transportation activities apart from a large number of individual truck owner operators
    • Logistics cost to GDP attributes to around 14 percent of the country's GDP with cost of road freight attributing to around 4.5 percent
    • Thailand has around 1,089,621 registered trucks (2017) with private trucks forming more than 73 percent of the overall supply
    • Thailand's express logistics market is expected to grow at a CAGR of 6.3%, while the E-commerce logistics market is expected to grow at a CAGR of 15% between 2017 and 2022

    Supply–Demand Scenario and Service Providers' Landscape

    The Y-o-Y increase in the total number of registered trucks in the market indicates that the road freight market is unlikely to fall short of supply in the near future and shippers need not look for alternative mode of transport for freight movements.

    Individually registered trucks outweigh the number of company owned trucks, which highlights the fragmented nature of the market and the scenario is unlikely to change in the immediate future.

    Service Provider Landscape Registeration(Based on Registration)

    • More than one tenth of the total number of trucks in Thailand are registered in Bangkok, highlighting the demand for road freight in the region
    • The country has more than one million trucks (1,089,621) with approx. 2,93,167 trucks belonging to logistics companies while the rest operated by individuals
    • Almost all the major logistics companies are centered around Bangkok. as Bangkok acts a major industrial hub
    • The average age of trucks is greater than 10 years, which is majorly a result of large number of individual operators

    Number of Registered Trucks (2008–2017)

    • The total number of trucks in operation increased by more than 41 percent in the last ten years, highlighting the consistent supply of trucks
    • Since 2008, minimum of 60,000 new trucks are being added into the market, with 2013 seeing the highest number of registrations with 1,08,529 trucks
    • While the total number of trucks have been consistently on the rise, older trucks are not entirely replaced, leading to lower mileage and increased costs

    Thailand Surface Logistics Infrastructure Overview

    While the government has increased its investments on road and rail infrastructure, the country's geographical nature limits the movement of goods through rail and provides shippers with road freight as the preferable mode of transport of goods.

    Government's increased investments in road infrastructure highlights the importance of road transportation over other modes of transport and will also reduce the overall logistics cost in terms of road transport.

    Thailand Spending on Surface Infrastructure (2007–2016)

    • Thailand is one the leading economies among the ASEAN with multiple ports and connectivity to four neighboring countries
    • The country has been concentrating on developing its infrastructure to strengthen its logistics activities and to increase the volume of exports
    • The investments for road infrastructure was more than 3billion USD in 2016, which was a 20 percent increase from 2015
    • The government has also increased its investments on rail infrastructure in order to increase the rail freight volume and the investments for rail freight stood at 1.4 billion USD in 2016
    • The difference in the investments in road and rail freight has been attributed to the country's higher dependency on road freight as well the country's geography

    Trucking Cost Structure and Related Cost Drivers

    While the industry has seen an increase in the number of truck registrations in the last few years, maintenance cost of trucks has not come down, due to large number of old fleet and has impacted the freight rates.

    During peak seasons, logistics companies outsource part of the requirement to individual truck operators and also pay higher salary to manage shortage of skilled drivers.

    Fuel Cost: Fuel contributes to almost one third of the overall operating cost, which is mainly attributed to the older age of the fleet. Despite increase in number of overall truck registrations, independent truckers find it hard to replace their own trucks.

    Maintenance Cost: Average age of fleet is 11 years, leading to higher maintenance cost of the trucks. Apart from old fleet, inefficient road conditions also contribute to lower mileage and reduced efficiency.

    Driver Wages: With increase in the shortage of skilled truck drivers, trucking companies pay additional salaries during peak seasons to meet the demand.