More pressure on transpacific rates as carriers bet on a China-US trade deal
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The cross-border border truck leaving Chongqing Nanpeng Highway Bonded Logistics Centre as it starts on its 4500 km journey to Singapore.
By Alex Lennane
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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