New Multimodal Service is Segment of China’s One Belt, One Road Initiative
International Trade - January 19th, 2016
DHL Global Forwarding has inaugurated a new service on the southern rail corridor between China and Turkey.
The corridor occupies a critical juncture within the Silk Road Economic Belt, part of China’s proposed One Belt, One Road initiative which it estimates will generate more than $2.5 trillion in annual trade within the next ten years.
Freight travelling via the corridor departs from Lianyungang, China
and traverses three Central Asian countries – Kazakhstan, Azerbaijan,
and Georgia – as well two sea transit segments and is expected to take
around 14 days, depending on travelling conditions before arriving in
Istanbul, with the option for immediate forwarding by truck to any
Turkish city.
“Negotiating the complex transnational requirements that span the
Silk Road Economic Belt is no easy task,” said Kelvin Leung, CEO of DHL
Global Forwarding Asia Pacific. ”It requires a deep understanding of the
varying regulatory and infrastructural conditions in each market,
robust partnerships with local-market experts and authorities, and
experience in brokering cross-border connections without compromising on
overall speed and efficiency. Global freight providers such as DHL have
a critical role to play in making the new Silk Road an economic
reality.”
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