This is Zim’s largest project in China, following a number of successful investments in Tianjin, Qingdao, Xiamen and Shanghai. The company has a 25% share in a container factory in southern China, and has established a wholly-owned subsidiary in Shanghai, Zim Logistics (China). Zim Logistics provides forwarding, customs declaration, trucking, inland distribution, NVOCC, air freight, consolidation and warehouse management services.
* Also in China, a new dedicated train service has been introduced between Shenzhen in Guangdong province and Changsha in Hunan. Trains will call on Tuesdays and Fridays at Changsha East, Changsha North, Liling and Pinghu South, terminating at Shenzhen West (for Xili and Shekou) on the Jingguang line. Changsha is the third inland city to introduce dedicated services to Shenzhen, after Chengdu and Nanchang. The new service reduces total transport time from four days to 24 hours and will cut intermodal transport costs by 30%.