The Russian intermodal freight transportation company and part of Delo Group, PJSC TransContainer has signed a three-party agreement with two Chinese forwarders, Shandong Jitie Land Port Group and Qingdao New Port Industrial And Logistics Development, to improve transit container transportation from China to Europe.
Under the agreement, the three parties will consider increasing the volumes of freight traffic to Europe, as well as the higher efficiency of land border crossing points through cooperation with Shandong Jitie Land Port Group’s mother company Chinese Railways on the schedule slots provision for trains departing from a planned joint cargo consolidating hub in Qingdao dry port, which is operated by Qingdao New Port Industrial And Logistics Development.
The partners intend to create the hub within five years after signing the agreement, according to a statement.
In the demonstration zone created in Shandong province within the project of the Shanghai Cooperation Organization within five years, there will also be created Chinese-Russian and Chinese-European centres of train maintenance, as well as a permanent exhibition pavilion dedicated to the advantages of TransContainer’s services.
“Signing the agreement with our Chinese partners will strengthen mutually beneficial cooperation between Russia and China in the field of transport and logistics services, as well as increase the volume of transit traffic through Russia and upgrade the speed and quality of service rendered to our customers,” commented Vladimir Khlutkov, Asia-Pacific business development director.
