Beijing HTTY Logistics Co., Ltd.
Beijing, China Site Visit
September 26, 2016
Mr. Liu Tao, General Manager
Ms. Hui Xiaomeng, Commercial Manager
Beijing HTTY Logistics Co., Ltd. is a fairly new company focused on logistics for healthcare industry. The company was founded in 2010 and is headquartered in Beijing. It has nearly 300 employees working in more than 30 branch offices in China.
As a healthcare logistics provider, the cold chain is needed. Long distance shipments are handled via domestic air freight. HTTY Logistics is Class B licensed for air freight forwarding. Air China, China Southern Airlines, and other airlines are used. Airport terminal handling is provided by local agents. HTTY Logistics has 20 owned reefers its uses for pickup and delivery. The door-to-door transit time is within 48 hours, and the temperature is controlled according to the customers’ requirements. Each branch office has two or three reefer trucks for its local operation. Beijing, Shanghai, Chengdu, Chongqing, Guangzhou and Shenzhen are the main operation centers. According to Ms. Hui Xiaomeng, HTTY Logistics manages more than 120,000 square meters of warehouse space in this cities.
HTTY Logistics handles both full truckload (FTL) and less-than-truckload (LTL) shipments for long distance. LTL shipments are mainly handled via domestic air freight, and FTL shipments are moved by truck. The products are mainly pharmaceuticals, medical equipment and medical instruments. HTTY Logistics has a good customer base and professional experience in handling these goods. Sinopharm, Jinghua Pharmaceutical and Lifeshine Pharmaceuticals are current customers. According to Ms. Hui Xiaomeng, HTTY Logistics has had experience working with GE in 2012, Siemens from Zhengzhou to Northern China, Philips nationwide and Inspur for special goods. This experience has helped HTTY Logistics build a good reputation in the market.
HTTY Logistics is developing in fast-moving consumer goods (FMCG) distribution in Chengdu as the market is big enough for it to handle.
HTTY Logistics has a good sales team to develop the business. Targets are pharmaceutical enterprises, medicine trading companies and the end users of medical equipment and instruments such as hospitals. China has a large population so the demand for pharmaceuticals and medical equipment is there.
HTTY Logistics is off to a good start. With an ambitious vision, we can see that HTTY Logistics will be a key healthcare logistics provider in China.
Sources: A&A Primary Research, http://www.htty56.com/