ComfortDelGro
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| ComfortDelGro | |
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| Type | Public SGX: C52 |
| Founded | Singapore, 2003 after merger between two companies |
| Headquarters | Headquarters in Singapore |
| Key people | Lim Jit Poh (Chairman and Director) Kua Hong Pak (Managing Director and Group CEO) |
| Industry | Land transport Automotive engineering Vehicle inspection Outdoor advertising Insurance brokerage |
| Products | Transport-related services in 7 countries |
| Revenue | ▲ S$3016.6 million SGD (2007) |
| Operating income | ▲ S$334.8 million SGD (2007) |
| Net income | ▲ S$223.0 million SGD (2007) |
| Employees | 22 300 (2007) |
| Website | http://www.comfortdelgro.com.sg |
ComfortDelGro Corporation Limited SGX: C52 is the world's second largest transport company with a fleet of 41,000 vehicles.
Headquartered in Singapore, ComfortDelGro also has operations in China, the United Kingdom, Ireland, Australia, Vietnam and Malaysia. Currently, overseas ventures account for 50% of the company's revenue. The Group intends to derive 70% of its total revenue from abroad in the next five years.
The company owns several subsidiaries worldwide. SBS Transit, one of the leading bus operator in Singapore, VICOM Limited, a vehicle inspection and testing service provider, ComfortDelGro Driving Centre, a training centre for motorcars and motorcycle learners, Metroline (UK), Vinataxi (Vietnam), and other transport-related companies. It also has operations in Australia (Westbus Group) and China.
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[edit] Singapore operations
[edit] Bus & Rail
ComfortDelGro owns 75% of SBS Transit, which is listed separately on the Singapore Exchange. SBS Transit is the largest scheduled public bus operator in Singapore with more than 2,800 buses on 242 routes and operates the North East Line. ComfortDelGro also has ComfortDelGro Bus as a private bus charter subsidiary. It is the largest private land transport company in Singapore, serving over 200 local contract customers. ComfortDelGro Bus also offers tour chartering services into Western Malaysia.
[edit] Taxi
Comfort and CityCab, both taxi companies belonging to ComfortDelGro Corporation Limited, are the largest players in Singapore's taxi industry with a combined fleet of about 15,000 taxis. The ComfortDelGro taxi booking system, arguably one of the best in the world, wirelessly connects the taxis using the General Packet Radio Service (GPRS) technology via the in-vehicle Mobile Data Terminals (MDTs). Today, its state-of-the-art Customer Contact Centre caters to over 20 million taxi bookings annually.
[edit] Car rental
ComfortDelGro Rent-A-Car operates as a car rental and leasing service provider in Singapore with a fleet of close to 1,360 vehicles.
[edit] Automotive engineering & vehicle inspection
ComfortDelGro Engineering handles more than 15,000 taxis, over 3,000 private passenger cars and 2,000 commercial vehicles every month. It is currently the authorised workshop for seventeen insurance companies in Singapore. VICOM Limited operates seven vehicle inspection and seven assessment centres in Singapore for accident vehicles. ComfortDelGro Driving Centre is a partnership with Chofu Driving School of Japan. The centre provides driving instruction for motorcars, motorcycles, bus and taxi vocational licences, as well as corporate training.
[edit] Outdoor advertising
Moove Media was formed in 2005 through the merger of Comfort Ads and SBS Transit Advertising. It offers a range of advertising platforms which numbers to more than 2,800 buses, over 15,000 taxis, 14 rail stations and numerous prime ambience sites.
[edit] Overseas operations
[edit] Bus
[edit] China
In China, 460 public buses on 18 routes in Shanghai are operated through the joint venture company, Shanghai Shen Xin Bus Service Ltd. Shenyang ComfortDelGro Anyun Bus (the operating right belongs to Shenyang Anyun Group) operates a fleet of over 300 buses. Another company - Shenyang ComfortDelGro Bus Co, Ltd. - operates more than 20 bus routes and have taken over ownership of the routes and operating assets from the state-owned Shenyang Passenger Transport Group.
[edit] UK
- See also: Bus transport in the United Kingdom and Scottish Citylink
Various operations are owned in the United Kingdom. In London ComfortDelGro owns the Metroline, Armchair and Thorpes subsidiaries which run London Bus services under contract to Transport for London's London Buses unit. Since taking over Armchair in 2005 it has seen more cross-cooperation between the two London based companies. In 2006 ComfortDelGro entered into a joint venture agreement with Stagecoach Group for the operation of express coach services in Scotland and between Scotland and England under the Scottish Citylink and Megabus.
[edit] Ireland
In Ireland, the Group operates three inter-city coach services in Dublin, Limerick and Cork.
[edit] Australia
In 2005, ComfortDelGro acquired the businesses and assets of the largest bus operator, the Westbus Group in Australia's most populous state, New South Wales. This venture marks ComfortDelGro's entry into the Australian market. ComfortDelGro's partner in this venture is Cabcharge Australia Limited who owns 49% of ComfortDelGro Cabcharge Pty Ltd.
[edit] Taxi
In China, ComfortDelGro operates taxi services in 11 cities such as Beijing, Shanghai, Shenyang, Chengdu, Yantai, Hengyang, Suzhou, Xiamen, Nanning, Nanjing and Jilin City with a total fleet of close to 8,800 vehicles.
In the United Kingdom, Computer Cab in London, Computer Cab (Edinburgh) and Computer Cab (Aberdeen) operate close to 4,000 taxis. Computer Cab has four brands – ComCab, DataCab, Call-A-Cab and Local Taxis, each with a clear identity and providing 24/7 taxi services. ComfortDelGro also owns Onward Travel Limited, a private car hire business in Edinburgh, Scotland. It has 160 owned-drivers on its circuit and operates an exclusive airport taxi rank concession from Edinburgh Airport. In 2007, ComfortDelGro acquired another licensed taxi and private hire company in Birmingham. The company has since been renamed Computer Cab (Birmingham) Ltd.
In Vietnam, a fleet of 967 taxis are operated by Vietnam Taxi in Ho Chi Minh City. Another joint venture with former state-owned enterprise Saigon General Service Corporation (Savico) for the establishment of ComfortDelGro Savico Taxi operates more than 300 taxis, a call centre, as well as a workshop which repairs and maintains the taxi fleet.
[edit] Car rental & automotive engineering
In China, a fleet of more than 900 vehicles is operated by Beijing ComfortDelGro Yin Jian Auto Services. ComfortDelGro owns Sichuan ComfortDelGro Car Servicing in Chengdu. Also, Chengdu Jitong Integrated Vehicle Inspection and Beijing Tian Long Da Tian Vehicle Inspection were acquired in 2004. It now operates a vehicle inspection centre and sales of automotive parts and components in Chengdu and offers vehicle safety inspection and emission inspection services in Beijing.
In Malaysia, ComfortDelGro offers car leasing and rental services through CityLimo Leasing (M) Sdn Bhd, Pantas Rent-A-Car Sdn Bhd and DynaDrive Rent-A-Car Sdn Bhd. The Group currently operates 460 vehicles in the capital.
[edit] Car dealership
In Suzhou, China, a joint venture company was set up with Suzhou Auto Hiring Company to move into the Toyota car distribution business. The business is doing well with 1,004 cars sold in 2007. The company capped the year by winning Toyota's Number One Dealer award, beating more than 230 other authorised dealers in China.
[edit] See also
[edit] References
[edit] External links
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