Profile

Cover photo
Shanghai Huakong Consulting Co., LTD.
149 followers|88,427 views
AboutPostsPhotosVideos

Stream

 

#Logistics China#Damco supports Chinese company Kerui to go global 

Global freight forwarder and logistics provider Damco will extend its partnership with the Shandong Kerui Holding Group Co., LTD. (“Kerui”). Since 2013 Damco has successfully delivered oilfield products from Tianjin and Zhengzhou, China to South America and Europe. Recently, Kerui is gaining further strength on logistics lead time and cost, capitalised on Damco’s legacy of ocean and air freight expertise.  

The management of Kerui is satisfied with Damco’s service, “Kerui has collaborated with Damco since 2013. Damco has designed and implemented various sophisticated logistics solutions which enables us to meet the requirement of global customers in a more cost effective manner.”  

The turnover of Kerui increased by 70.60% in 2013, while that from overseas business surged by 83%. As the global demand on oilfield product continues to grow, Kerui expects a 130% growth in turnover over the next three years.  

“We put the expectation of our customers and suppliers in the first place during market development, and we are glad that Damco shares the same value. Damco is experienced in providing global logistics with individual solutions:  It brings us together on the go-global journey. Damco’s local sales representatives in China and different parts of the world possess the local knowledge and flexibility that we can rely on.”  

Henriette Hallberg Thygesen, Chief Executive Officer of Damco North Asia, says, “Kerui is providing services and products to oil companies, oilfield engineering and service companies across 40 countries and regions. Because it needs to send delicate equipment from China to South America and Europe, Damco is putting a strong emphasis on timely deliveries and product security with zero damage to the cargo. It is our privilege to be Kerui’s logistics partner. We are growing with Kerui and fully supporting them to reach their business goal globally.”

Alan Zhou, Damco Qingdao Commercial Office Manager, shared his experience with Kerui, “We have been recognised by global customers given our timely delivery, seamless and efficient logistics solution, high visibility and our effort to align origins and destinations teams. Many Chinese enterprises are ready for further growth leveraged on the global market. Damco is the logistics partner that offers door-to-door logistics solution per global requirements.”
1
1
KONG HUA's profile photo
Add a comment...
 

#Logistics China#China to launch 48 new rail lines this year

China’s national rail operator will launch 48 new lines this year, it has revealed.

Its plans mark an increase from the 44 new lines previously planned for 2014, and that the majority of new tracks would be located in central and western regions of the country, China Railway Corporations said.

“Based on the demands from social and economic development and rail transport, we have decided that 48 new projects will be launched this year,” the company’s general manager, Sheng Guangzu, was reported saying.

He added that “More than 7,000 kilometer (km) of new lines will be put into operation this year and an additional CNY 20 billion (USD 3.2 billion) will be added to the previous budget for this year’s railway fixed asset investment.”

The previous plan included 6,600 km of new tracks costing CNY 700 bn, so the total planned investment for 2014 now stands at approximately USD 117bn.

86% of new rail lines in China will be developed in the country’s central and western regions, Sheng said.

According to China’s ongoing five-year plan, 230,000 km of new railway lines will be developed in these parts of China from 2011 to 2015, costing a total of CNY 1.85 trillion.
10
2
Dave Anthony's profile photoKONG HUA's profile photo
Add a comment...
 


#Logistics China#Chongqing-Xinjiang-Europe freight rail service to open to new products

The Chongqing government and Chongqing-Xinjiang-Europe freight rail operator have jointly announced that the service will start two to three runs a week in April and will no longer suspend operation in winter.

After three year's operation with priority for IT products, they have now decided to carry all kinds of freight, Zhou Shulin, general manager of Yuxinou Logistics, the rail operator, said.

The service will be upgraded to twice a week on Tuesday and Saturday, thrice a week in the period from June to November on Tuesday, Thursday and Saturday, and twice weekly again in December on Thursday and Saturday.

The Europe-bound service will now carry various kinds of freight from southwestern, central, southern and eastern regions besides Chongqing-made IT products. The Chongqing-bound service will carry mostly high value added goods such as auto parts, pharmaceuticals, machines and chemicals, he said.

Now more products are able to enjoy the efficient, safe, convenient and cost-saving railway service, which will attract more shippers from the region as well as from Europe, said Yang Liqiong, an official from the Chongqing government.

As of January this year, the Chongqing-Xinjiang-Europe freight railway service has launched 96 runs, including one return service, carrying a total of 8,434 Twenty Foot Equivalent Unit (TEU) of trade cargo which valued more than USD 3 billion.
1
Add a comment...
 

#Logistics China#Shanghai ports river-sea transshipments take up 45.4% of throughput

Port of Shanghai recorded a river-sea intermodal transshipment volume of 15.27 million Twenty Foot Equivalent Unit (TEU) previous year, which grew at a much faster year-on-year rate of 9.6 % than the port's container throughput growth.

These transshipments contributed to 45.4% of Shanghai's throughput, 2.6 percentage points more than in 2012. This marks Shanghai's accomplishment of meeting its goal of raising the port's river-sea transshipment proportion to 45%, a year ahead of schedule.

Shanghai's throughput was overtaken by neighbouring Ningbo-Zhoushan port and fell to the second place in 2012. It is also closely followed by Shenzhen in terms of container throughput growth. Shanghai has managed to stay as the largest container port, but is growing at a slower pace.
1
Add a comment...
 
#Logistics China#China January waterway volume up 5.6%, road freight rises 9.3%

China posted a 5.6% year-on-year increase in national waterway traffic to 400 million tonnes (mt) in January and a 9.3% rise in road freight to 2.87 billion tonnes.

Waterway cargo volume turnover went up 5.8% to 699.5 billion tonnes per kilometre. Road turnover was 531.8 billion tonnes per kilometre, up 11.4%.
1
1
KONG HUA's profile photo
Add a comment...
Have them in circles
149 people
Lê Nguyễn's profile photo
Grant Fosheim's profile photo
John Creighton's profile photo
 
#Logistics China#China’s March Logistics Prosperity Index Rises to 53.0

Following is a table of China’s logistics prosperity index (LPI) in March released by the Beijing-based China Federation of Logistics & Purchasing (CFLP).

The LPI is based on data compiled from monthly replies to questionnaires sent to over 300 logistics enterprises in 8 industries. It is an indicator about economic and business conditions in China.
1
1
KONG HUA's profile photo
Add a comment...
 


#Logistics China#China logistics sector slows in Jan-Feb

China's logistics industry grew at a slower rate in the first two months of this year amid signs of an economic slowdown, new data showed on Tuesday.

The total value of goods carried by the logistics sector rose by 8.7 percent year on year to 29.3 trillion yuan (4.77 trillion U.S. dollars) in the first two months, the China Federation of Logistics and Purchasing said in a statement.

The pace was down from a 9.7-percent growth for the same period of last year and 9.5 percent for the whole year of 2013, the statement said.

The slower growth came amid increasing signs of a slowing Chinese economy. The purchasing managers' index for the manufacturing sector retreated to an eight-month low in February and slowed for the third month in a row.

The growth of China's power consumption, a key barometer of economic activity, slowed by 1 percentage point from a year earlier to 4.5 percent in the first two months.

Logistics expenditure rose 8.7 percent to 1.6 trillion yuan. The pace was 1.6 percentage points slower than the same period of last year, the federation said.
1
1
KONG HUA's profile photo
Add a comment...
 
#Logistics China#China completes longest tunnel to link Pak, plans another

China has completed constructing one of its longest tunnels which will help it build a rail link with Pakistan. It has also announced plans for building the world's longest undersea tunnel measuring 123 kilometer (km) to link two major cities.

The completed tunnel runs 22.24 km in the mountainous Xinjiang Uygur Autonomous Region and will reduce the distance between Turpan with Korla in southern Xinjiang by 122 km. At present the distance between these two points on the Nanjiang Railway is 334 km.

The tunnel is part of China's efforts to prepare the relatively backward Xinjiang to take advantage of the planned China-Pakistan economic corridor. Chinese leaders are also betting that enhanced economic development will help soften the ongoing bloody movement among a section of Uygur Muslims in Xinjiang, sources said.

Chinese engineers have now announced a USD 30 billion undersea tunnel which will be more than double the size of the existing record holder, the Channel Tunnel. It will knock off nearly 1200 km of travel from the northern Chinese city of Dalian to Yantai on the east coast.

"Work could begin as early as 2015 or 2016," the China Daily quoted Wang Mengshu, an expert at the Chinese academy of Engineering, as saying. The tunnel will also form a vital link in a high-speed rail line from the frozen parts of northern China to the tropical island of Hainan in the south.

Sources said, construction of the ambitious tunnel will require epic engineering skills demonstrated by China during the building of Tibet railway over frozen mountains.

The tunnel passes through two earth quake fault lines. This includes Tangshan city, which was destroyed in 1976 after a 7.5 magnitude earthquake.
1
1
KONG HUA's profile photo
Add a comment...
 

#Logistics China#China logistics growth slows

China's logistics industry grew at a slightly slower rate last year, with demand and added value maintaining steady growth, new data showed on Friday.

The total value of goods carried by China's logistics industry grew 9.5 percent year on year to reach 197.8 trillion yuan in 2013, the National Bureau of Statistics and the China Federation of Logistics and Purchasing said in a statement.

The pace was slightly down by 0.3 percentage points compared with a year earlier.
The total added value of the logistics industry rose 8.5 percent to 3.9 trillion yuan, down 0.7 percentage point from a year earlier.

However, logistics costs were still quite high, the statement said.
Total logistics expenditure rose 9.3 percent to 10.2 trillion yuan. The growth rate was 2.1 percentage points lower than a year earlier.

The proportion of logistics costs in the country's GDP was 18 percent, the same level as a year earlier. This percentage was still much high than around 10 percent in developed economies, suggesting low efficiency of logistics.

Chinese government has taken measures to reduce logistics costs since mid 2011, including lowering tax burdens of logistics companies, raising investment in infrastructure construction and improving logistics for agricultural products.
1
1
KONG HUA's profile photo
Add a comment...
 
#Logistics China#China’s Feb. Logistics Prosperity Index Rises to 51.9

Following is a table of China’s logistics prosperity index (LPI) in February released by the Beijing-based China Federation of Logistics & Purchasing (CFLP).

The LPI is based on data compiled from monthly replies to questionnaires sent to over 300 logistics enterprises in 8 industries. It is an indicator about economic and business conditions in China.
1
1
KONG HUA's profile photo
Add a comment...
People
Have them in circles
149 people
Lê Nguyễn's profile photo
Grant Fosheim's profile photo
John Creighton's profile photo
Contact Information
Contact info
Phone
86-21-65217568
Story
Tagline
a professional logistics consulting firm
Links