Yang Ming launches fleet expansion plan after profits soar
Taiwan’s Yang Ming is bullish about long-haul ocean freight rates as it embarks on fleet ...
Singapore-based YCH Group has entered South-east Asia’s burgeoning cross-border road freight market with the launch of its China-ASEAN Regular Shuttle Service.
YCH claims the service can challenge air freight on transit times, with 45ft container trucks plying the 4,500km route from Chongqing to Singapore.
“Comparing, in terms of point-to-point with air freight, our shuttle service is about 60-70% cheaper and almost as fast,” said Ryan Yap, YCH Group’s head of growth.
“The cost of sea freight is still the lowest by any means ...
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