DHL Global Forwarding has announced the launch of road and multimodal freight services connecting Mongolia to its major European and US trading partners in less than 20 days. The services support industries ranging from mining and automotive to retail, fashion and perishables seeking to capitalize on Mongolia’s return to rapid economic growth and its transition from commodities to value-added exports.
The new service offers both Full Truck Load (FTL) and Less than Truck Load (LTL). It will support the movement of imported foreign goods such as furniture, medicines and wine, and exports like mining spare parts, cashmere products and all terrain bikes.
“Mongolia’s economy is rebounding from the mining downturn, further building on its status as the world’s second-largest cashmere producer and a food and agricultural export hub,” said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific. “With Mongolian businesses gaining a growing slice of global market share, supported by an increasingly solid network of regional Free Trade Agreements, Mongolia’s dominant trading partners also stand to gain from increases in domestic consumption of foreign goods.”
DHL’s new multimodal service also provides Full Container Load (FCL) and Less-than-Container Load (LCL) shipping from the US. The service moves cargo such as watches, coffee machines and motorcycles from the US to South Korea by air, via ocean freight to China, and through rail and road into Mongolia, offering a balance between cost-efficiency and speed to businesses in the US seeking to expand their reach to Mongolia’s consumers. The service also offers Mongolia businesses exporting goods like aviation spare parts, camel wool and rally cars access to the US market.
Source: Deutsche Post DHL Group