article thumbnail

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

China’s so-called “One Belt One Road” strategy connects the country via an overland and sea corridor to Central Asia, the Middle East, and Europe. Even though the cost of shipping a container by rail can be more than double the cost of using sea routes, for certain products the higher cost can be offset by reductions in inventory costs.

article thumbnail

The New Silk Road: Have You Evaluated Your Freight Options?

TMC

China’s so-called “One Belt One Road” strategy connects the country via an overland and sea corridor to Central Asia, the Middle East, and Europe. Even though the cost of shipping a container by rail can be more than double the cost of using sea routes, for certain products the higher cost can be offset by reductions in inventory costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The move to rail: a look at China-Europe supply chains

Resilinc

The freight train that arrived in the Parisian rail hub of Valenton in early January wasn’t an especially large one—at 34 containers, it carried just 20% of the load of a typical intermodal freight train. However, that 45-day advantage is typically reduced substantially by delays. It’s growing dramatically however.

Europe 62
article thumbnail

What is “World Logistics Passport” initiative?

Shipsy

“World Logistics Passport” is a Global freight loyalty programme launched under the directives of Sheikh Mohammed bin Rashid Al Maktoum – Vice President and Prime Minister of the UAE and Ruler of Dubai – at the World Economic Forum in Davos “ ” to increase opportunities for trade between emerging markets.

article thumbnail

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

The drivers of fuel cost increases include the West’s drive to boycott Russian oil , Russia’s retaliatory steps, such as choking the gas supply to Europe, and increasing challenges connected with supplying oil through Ukrainian pipelines. Yes, it’s a Strategy. What’s a Business to Do, Then? Hoarding Warehouse Space?

article thumbnail

The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

As early as 2008, multinational companies began experiencing rising labor costs in China’s coastal provinces. Accordingly, they developed new logistic strategies to decrease those labor costs. Are you looking to decrease air freight costs? Investment in rail infrastructure. Reasons to consider rail service.

Asia 46
article thumbnail

Complex costs of transportation

Supply Chain Movement

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. How likely are carriers to agree on endless rate cuts? And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Kazakhstan.