American logistics provider UPS has launched a new full container load (FCL) rail service connecting Europe and Hong Kong using its existing framework.
The two-way service between Duisburg, Germany and Hong Kong will offer transit times up to 30% faster than FCL ocean freight, and cost savings of up to 60% compared to air freight.
Mike Harrell, president of freight forwarding at UPS Europe, said: “Hong Kong is an important trading partner for the EU, with approximately €50bn (US$58.5bn) in goods traded last year.”
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