SUPPLY CHAIN MANAGEMENT
COMPANY NEWS
2015, 15 OCT
Far East Land Bridge expands business through integration into UTLC Group
Far East Land Bridge Ltd, a subsidiary of JSC RZD Logistics has accomplished integration into the production system of UTLC Group. Due to it the company expects to grow the market share. Nowadays Far East Land Bridge service is available at sales system of UTLC members – PJSC TransContainer and JSC RZD Logistics. UTLC provides FELB with rolling stock, terminals, containers, technology and logistics solutions in case of necessity. 

The Far East Land Bridge was established with the purpose of container rail transit development on Asia – EU – Asia routes. Nowadays it is a one of the market makers. 

Pavel Sokolov, UTLC First Deputy CEO: upon its establishment Far East Land Bridge shows a steady growth. We see a strong demand for rail container haulage as the Chinese and European companies are searching for the best solutions with minimal transit time. By the end of the 2015 the FELB is expected to achieve 40 000 TEU despite the difficult economic situation". 

Since 2015 Far East Land Bridge offers not only transit service but import and export haulage through Eurasian Economic Space as well. The use of UTLC Group technologies and resources will allow Far East Land Bridge to develop Asia –EU routes network more efficiently. 

Thomas Kargl, Far East Land Bridge CEO: "Integration into UTLC Group will allow Far East Land Bridge to improve the customer service quality significantly. We got new perspectives for development of innovative logistics products."   

The development of integrated logistics products is a priority of UTLC Group. It consolidates efforts in order to provide high quality transit service and connect economically developed regions of China with European logistics centers. Far East Land Bridge dispatches regular container trains on the routes Suzhou – Warsaw, Wuhan – Hamburg, Changchun – Duisburg, Changsha - Hamburg. The key clients of the service are the manufacturers of high-tech products who are focused on the reduction of transit time.