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Business deals

Thai logistics majors launch cold chain delivery business

COVID-related demand pushes Thailand Post, Flash and JWD into joint venture

The new joint venture, Fuze Post, began operations on Sept. 1 in Bangkok and other major cities. (Screenshot from Thailand Post's website) 

BANGKOK -- Three rival logistics companies in Thailand have joined forces to launch a delivery business for frozen and refrigerated foods, the demand for which is rising due to COVID-19.

State-owned mail carrier Thailand Post has set up a joint venture with e-commerce logistics startup Flash Express and listed JWD InfoLogistics in a major alliance between three fierce competitors.

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