POS Malaysia has taken delivery of 553 Tata Xenon Single Cab 4×2 pick-up trucks, which it will operate through a three-year leasing arrangement.
According to a statement issued by Tata yesterday (27 April), POS Malaysia will use the pick-ups to “complement its logistics business, especially for the Courier, Express and Parcel (CEP) pick-up and delivery services”.
Dato’ Mohd Shukrie Mohd Salleh, Group Chief Executive Officer of POS Malaysia, said: “We see the leasing exercise as a platform for POS Malaysia to expand our logistics business growth in this region, as forecasted during the 2015/2016 Financial Year volume of Courier, Express and Parcel (CEP).
“We always strive to put our customers’ needs at the forefront, and with the additional vehicles in hand, we are confident we will be able to serve our customers better and ensure POS Malaysia will be the logistics and transportation provider. To date, POS Malaysia has a fleet size of 9,602 vehicles comprising of lorries, panel vans, POS-On-Wheels (POW), four-wheel drive (4WD) and motorcycles.”
POS Malaysia is leasing the pick-ups through DRB-HICOM EZ-Drive. The leasing period is for 36 months, with an option to renew for another 24 months.
Commenting on the decision to use leasing facilities, Dato’ Harith said: “The new leasing facility provides an alternative to commercial operators as they can now choose to lease vehicles over outright purchase. Vehicle leasing would provide commercial operators with the advantage of lower fleet management cost as the maintenance and service needs of the vehicle are taken care of by EZ-Drive, which is also the local licensee of AVIS.”