Logistics Industry Remains Strong In Facing Threat Of Recession

Logistics Industry Remains Strong In Facing Threat Of Recession
Logistics Industry Remains Strong In Facing Threat Of Recession.
Jakarta - PT Pos Indonesia (Persero) believes that the logistics industry remains strong in facing the threat of a global recession, as the freight forwarding business has an crucial role in every supply chain.

Director of Courier and Logistics Business of Pos Indonesia Siti Choiriana said the logistics industry had always grown despite the potential for a recession, based on the experience of two years of a pandemic that made trade activities move at a slow pace.

"In the past, during the pandemic, when all businesses were about to go down, logistics went up because people needed food that made logistics stronger," Choiriana noted in a statement here, on Wednesday.

"We realize that regardless of the world conditions and situations related to the global recession, it will have an impact, but the impact will not occur throughout Indonesia," she stated.

From 2020 to July 2022, Pos Indonesia recorded positive performance, with a market share growth rate of 4.1 percent during the pandemic. During those two years, the company's market share grew, from 3.0 percent to 7.1 percent.

In 2020, Pos Indonesia was ranked sixth nationally, with a market share of three percent.

At that time, the fifth position was occupied by TIKI with a market share of five percent, while the fourth position was taken by Wahana with a market share of five percent, SiCepat was in the third place with a 14-percent market share, J&T Express in the second position with a market share of 25 percent, and JNE at the first position with a 48-percent market share.

In 2021, Pos Indonesia's ranking rose to fifth position, thereby shifting TIKI with a market share of 5.1 percent. At that time, Ninja Xpress stood fourth, with a market share of 5.3 percent, while SiCepat was in third position with a market share of 9.3 percent, J&T Express was in second position, with a 31.2-percent market share, and JNE was still ranked first with a market share of 33.8 percent.

As of July 2022, Pos Indonesia has been in the fourth place with a 7.1-percent market share. The third national position was occupied by SiCepat with a market share of eight percent, while J&T Express was in second position with a market share of 30.7 percent, and JNE was still in first place with a market share of 31.6 percent.

"We believe the logistics industry will still grow. We invite many experts, and we talk to them. In fact, we invite fellow posts in other countries," Choiriana said.

Some time ago, Pos Indonesia had sent a team to attend the World Postal Union Conference in Germany with one of the topics of discussion related to anticipating various global economic challenges in the future.

Posts around the world have agreed to facilitate the logistics business in the midst of the threat of a global recession, so that it does not have a wide impact on other industries. Even if the effects of recession later spread to other industries, the post must be able to encourage other industries to improve.

"Hence, we are both looking for that opportunity," Choiriana said.

Currently, Pos Indonesia has taken various mitigation steps in dealing with the threat of a global recession, starting from business mitigation to service mitigation and human resource mitigation.

As a state-owned company (BUMN), Pos Indonesia must comply with all rules contained in the Company Law as a limited liability company, the law as a BUMN, and the law as a member of the World Postal Union (UPU).

"We provide a good role model, so that we can become stronger even in such a situation. We have prepared various steps, so that the mitigation we do is varied and layered," Choiriana stated. 

Pewarta : Azis Kurmala/Antara
Editor : Yakop
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