Menlo Logistics to build on 2014 growth in South Asia

For Menlo Logistics, the $1.5 billion global logistics and supply chain management subsidiary of Con-way, 2014 has been extremely positive and has had significant growth in the South Asia region through the year. The company is now targeting to increase its presence in Thailand and Malaysia, and adding to its portfolio supply chain services for two major new industries as key opportunities for 2015. Regional capacities, service investments coupled with branding initiatives and accelerated market recognition have been reasons for Menlo Logistics robust performance in 2014. Robert Bassett, Menlo’s vice president of marketing and sales said, “2014 has been an excellent year for Menlo in South Asia, where in the third quarter we experienced over 10 percent year-over-year growth. We’ve added 27 new projects so far this year and expanded our client base significantly, positioning us for a good start in 2015.” Singapore’s emergence as a regional logistics hub continues to provide the foundation for Menlo’s growth in South Asia. Desmond Chan, Menlo’s Singapore-based managing director in South Asia said, “Singapore has established itself as a strong regional hub as it is a time-tested and reliable center of gravity for regional commerce.” “Generally, all countries in ASEAN and India show promising signs of growth,” added Chan. “In 2015 we will be expanding our capabilities into logistics solutions for health care and oil and gas development, as well as additional support for automotive and industrial customers in India and Thailand,” said Chan.