Shandong Province Launches Integrated Warehouse-Transportation-Trade Service for China-Europe Rail Freight Transportation

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, July 15 (Xinhua) — Two special trains on the China-Europe international rail freight route arrived one after another at the Multimodal Transport Center of the China-SCO Regional Economic and Trade Cooperation Demonstration Zone (hereinafter referred to as the China-SCO Demonstration Zone), delivering more than 3,100 tons of feed wheat flour from Kazakhstan to Shandong Province, east China. After unloading, the goods were stored in a warehouse in the national logistics hub park for China-Europe trains in Qingdao, east China, marking the official opening of the warehouse-shipment-trade integrated service for goods transported along the aforementioned China-Europe routes.

According to the Qingdao Daily newspaper, the “warehouse-transportation-trade” format in the context of international China-Europe rail freight transportation implies the close integration of three links – warehousing, transportation and trade – into a single, highly efficient and coordinated trade and logistics ecosystem within the framework of the operation of the aforementioned trains. Such an integrated service allows for the optimization of resource allocation, reduction of intermediate links and significant improvement of overall operational efficiency.

According to a representative of Shandong Hi-Speed Group, the company has currently developed a comprehensive solution for the entire process in the format of “warehouse-transportation-trade” for a customer of feed wheat flour from Kazakhstan, taking into account customer needs.

Zang Yuanqi, an official with the China-SCO Demonstration Zone Management Committee, said the zone will give full play to its public good character, accelerate the construction of the Qingdao hub, and develop and strengthen new business models such as the integration of transportation and trade to accurately and efficiently serve the country's foreign trade enterprises. -0-

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