Wednesday, January 20, 2016

DHL Lays Tracks For China-Turkey Rail Corridor

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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