(MENAFNEditorial) Kerry Logistics Launches Rail and Road Freight Services from China to Caucasus and Turkey
HONG KONG, CHINA - -June
11, 2018 - Kerry Logistics Network Limited ('Kerry
Logistics'; Stock Code 0636.HK) continues to deepen its rail and road freight
capabilities by launching new cross-border rail and trucking services, from China
through Kazakhstan to Caucasus and Turkey. Leveraging the company's existing
presence in Armenia, Azerbaijan, and Georgia in Caucasus, Kerry Logistics is
well positioned to capture the growing trades in new markets in the region and
Europe.
Starting from Lianyungang, the well-known
bridgehead of the New Eurasian Land Bridge in China, the new westbound rail
freight service will bring shipments across Kazakhstan and Caspian Sea to multiple
destinations in Turkey through the newly-bulit Baku--Tbilisi--Kars railway. To
offer greater flexibility to customers with different volume needs, both block train and single wagon services are being
offered. With a transit time of 18-20 days, the main products to be moved by the new
cross-border services will include electronic parts, electrical appliances,
minerals, auto parts, and other industrial goods.
In addition to the rail freight service, trucking
service along the same trade route from China to Caucasus and Turkey has also
been launched with an addition of 50 trucks to the company's existing fleet. With a
transit time of around 12-14 days, this will provide an alternative solution for customers who look for a faster way of getting
their cargoes to the destinations.
Edwardo Erni, Managing Director
- China & North Asia of Kerry Logistics, said,
"We are excited about the launch of this new cross-border service. With our
rail freight and trucking capabilities extending their reach to the strategic
locations of Turkey and Caucasus, we will be able to grasp the immense market
opportunities presented by the Belt and Road initiative with our enhanced
position in the region."
Kerry Logistics was the
market pioneer to complete the first westbound charter freight from Yiwu,
Eastern China to Madrid, Spain in August 2016. It has also set foot on the
first eastbound freight train from London to Yiwu in April 2017. The company
will continue to develop under the Belt and Road initiative and further its
commitment to developing an overland transportation network for road, rail, and
multimodal freight services from China to Central Asia and Europe.
About
Kerry Logistics Network Limited (Stock Code 0636.HK) Kerry Logistics is an Asia-based, global 3PL with the strongest
network in Asia. Its core competency is providing highly customised solutions
to multinational corporations and international brands to enhance their supply
chain efficiency, reduce overall costs and improve response time to market. It currently
has more than 1,000 service points in 55 countries and territories, and is managing 52 million sq ft
of land and logistics facilities worldwide, providing customers with high
reliability and flexibility to support their expansion and long-term growth.
Kerry Logistics Network Limited is listed on the Main Board of the Hong Kong
Stock Exchange and is a selected Member of the Hang Seng Corporate
Sustainability Index Series 2017-2018.
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