Thursday, October 12, 2017

Xinhua — Direct China-Britain freight train likely to reshape trade, says logistics chief

The direct China-Britain freight train is likely to shake up traditional trade patterns as speed and reliability are the key in modern supply, said Nichola Silveira, general manager of Logistics of DP World London Gateway.
The first China-bound freight train carrying British products left DP World London Gateway terminal on April 10 and arrived at eastern China's Yiwu city known as China's "world supermarket" after a 19-day journey.
"This was the pilot run and now we are working to establish a weekly service that will touch many provinces in China... and come directly into the UK," said Silveira, whose company boasts the largest rail terminal in Britain, told Xinhua in an interview at London Gateway logistics park, some 48 km east of central London.
The direct train service, a significant part of the Belt and Road Initiative proposed by Chinese President Xi Jinping in 2013, is reshaping the supply chain between Britain and China as train is more reliable and cheaper than air freight and much faster than sending goods by sea, said Silveira...
London is the 15th city in Europe to join in the China-Europe freight train services. The first Chinese freight train arrived in London in January.
China now has express freight services to 28 European cities. More than 5,000 trips are expected to be made by 2020, according to the China Railway Corporation.
Ecns
Direct China-Britain freight train likely to reshape trade, says logistics chief

No comments: