Dai Nippon Printing Co., Ltd. (DNP), Uniadex Ltd. (Uniadex) and Global Mobility Service Inc. (GMS) announced the establishment of a Philippines-based logistics and delivery matching service joint venture (JV).
The JV, to be known as 3Q Dash Technolox, Inc was initiated on 4 February and has been launched in anticipation of further expansion in logistics demand, and continuous growth going forward amid the Covid-19 pandemic.
The Philippines has witnessed increased logistics flows due to several years of solid economic growth. Numerous delivery-related time and cost challenges have arisen, however, including shortages of delivery drivers, severe and chronic congestion in the city center, and delays in the delivery mechanism infrastructure.
At the same time, due to the impact of the ongoing Covid-19 pandemic, online shopping and food deliveries have seen sharply increased usage, and delivery-related challenges are becoming more serious.
In anticipation of overcoming these challenges, and of expected continuous growth of the delivery in the future, the three partners established the JV, and will provide a logistics and delivery matching service targeting last mile logistics.
The JV Business
Uniadex Philippines-based subsidiary will take the logistics delivery matching system developed by DNP, and integrate it into a cloud environment, which the new JV will provide to shippers and delivery drivers, as a delivery matching platform.
GMS provides employment opportunities and support for improved living conditions for drivers of three-wheeled motorcycle taxis through its FinTech services. Under the new JV, such drivers will mainly be responsible for the delivery of parcels and packages.
By providing this service, the new JV will provide shippers with merits, such as reducing the workload associated with delivery arrangements, securing delivery drivers, shortening delivery time and the realization of appropriate delivery charges.
In addition to creating new employment opportunities for drivers, support will also be provided to help overcome poverty challenges and improve living conditions, the partners said in a joint statement.