The rail service will offers weekly departures 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 optimise 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,' the company said in a statement.
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 US$159.3 billion in the year 2020, is projected to reach $205.3 billion by 2026, growing at a CAGR of 4.3 per cent, 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.At the same time, Rhenus South Korea announced that it's expanding 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.