Haulio is moving containers for France-based CMA CGM on the major inland corridor of Bangkok, Lat Krabang and Laem Chabang, as the Singapore logistics technology company makes significant headway into Thailand.
With more than 90% of Singapore’s hauliers onboard, Haulio aspires to complete the digitalisation of haulage in Southeast Asia by 2025.
Thailand reported a total import-export CAGR of 2.2% between 2016 and 2018, with a forecast CAGR of 2.8% from 2021 to 2025, according to IHS Markit’s GTA Forecasting.
Since starting its early-stage pilot in 2020, Haulio has onboarded over 150 trucking companies with a network of more than 3,000 container trucks in Thailand. They have transacted over 300,000 TEUs on the platform with one of PSA’s JV local partners, ESCO.
Moving forward, the company is projecting a 200% quarter-on-quarter growth increase in transactions through this tie-up with CMA CGM and an extension of the network effect of Haulio’s presence in Thailand.
Also, Haulio aims to scale up to over 1,000 hauliers and 20,000 trucks over the next year to provide 100% coverage within the country.
“CMA CGM’s priorities to provide its customers what they need and to ensure operations efficiency can be driven with Haulio’s digital solutions and network of hauliers,” said Benoit de Quillacq, managing director of CMA CGM Thailand.
“Our shippers would benefit from streamlined and optimised haulage trips,” said De Quillacq. “This consequently reduces carbon emissions from trucking the containers.”
Alvin Ea, co-Founder and CEO of Haulio, the contract with the French firm serves as a huge validation to a young startup’s capability to solve real problems with an industry leader like CMA CGM.
“With container shipping volumes rising, it is imperative that greater efficiency and digitalization is achieved on the haulage end,” said Ea. “While the importance of business margins cannot be overstated, it needs to be said that we owe it to ourselves to reduce the carbon footprint of this industry.”