Rhenus announces an expansion on its South Korea Seoul branch and diversifies multimodal solutions with the introduction of landbridge services

SEOUL,
SOUTH KOREA – Media OutReach -
11 October 2021 – Leading
global logistics service provider Rhenus is offering a landbridge service in
South Korea. Providing
a viable alternative for time-sensitive cargo, the service includes rail
connections between South Korea and Europe to cater to markets shipping higher
value cargo with medium turnaround times that can be up to 40 percent faster
than ocean freight. Within the rail service,
weekly departure schedules and door-to-door delivery with dedicated teams in
inbound and outbound markets ensuring consistent tracking and management of the
entire process.

The landbridge
service aims to optimize inventory management by reducing logistics costs
compared to air freight options, increase planning reliability and offer a
highly secure solution that is faster than ocean freight. It includes daily
tracing solutions and caters to various container pick-up and drop-off
locations including South Korea, China and European
countries such as Poland and Russia for greater flexibility in planning.

As the
pandemic continues, the global market for rail freight transportation estimated
at USD 159.3 Billion in the year 2020, is projected to reach USD 205.3 Billion
by 2026, growing at a CAGR of 4.3 percent, according to market research company
Global Industry Analysts Inc.

“The Asia-Pacific
market for rail freight transport is expected to gain momentum, as intermodal
solutions continue to grow in popularity amidst the evolving supply chain challenges
worldwide. The introduction of our Rhenus landbridge service in South Korea
will strengthen our existing range of solutions to offer customers more
reliable and customised options to plan their imports and exports smoothly
within their requirements,” said Patrick Dargel, Managing Director of Rhenus
Korea.  

Rhenus
South Korea expands its Seoul Office to support growth 

Rhenus
announced the expansion of its current branch office in Seoul to a bigger office
space in order to strengthen its operational capabilities.

The
new office, located at 10F Sang Jin B/D 165, Yangwha-ro, Mapo-gu in the middle
of Seoul, will provide capacity for its freight services, warehousing
solutions, IT solutions, customs brokerage and clearance services in South
Korea.

Since
its opening in 2016, Rhenus South Korea has built an extensive portfolio in
supply chain solutions, specialising in domestic distribution and project cargo
handling. It supports industries including electronics, fashion and lifestyle,
cosmetics, automotive, machinery, chemical and ship parts.

For
more information on Rhenus South Korea, please visit https://www.rhenus.com/en/kr/ .