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LSCMS Blog

Blog for updates and happenings in logistics in the Asia-Pacific region

April 5, 2015

Carriers, Shippers Sign Up for Asia’s New Green Scheme

Make Recycling part of your CSR initiativesThe industry-led GFA network this week opened its “GFA Label” applications to all transport providers and shippers across Asia, and already boasts big name members, such as Heineken Asia Pacific, Hewlett Packard, IKEA, Infineon, Lenovo, and Procter & Gamble. Integrators DHL and UPS have also signed up.

It is focused on encouraging sustainable road freight across the region to address the trucking industry’s CO2 emissions. Currently, trucks in Asia account for 9 percent of all vehicles on the road, but contribute 54 percent of road CO2 emissions.

Almost one in every two commercial vehicles sold worldwide is purchased in Asia, and most of the vehicles are trucks. Freight transportation makes up 35-60 percent of logistics costs in Asia, and is the main contributor to high GDP costs. As a percentage of GDP, logistics costs range between 15-25 percent in the region, significantly higher than in Europe or the U.S. where they are less than 10 percent.

[Read more… Curated from JoC]

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