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Businesses Can Now Access Mongolia’s Market Faster and Easier with DHL

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— Mongolia’s exports and domestic consumption are returning to rapid growth as its economy recovers from mining downturn
— New time-saving road and multimodal services connect Mongolia to its main European and US trading partners with cost-effective, agile shipping

ULAANBAATAR, Mongolia /PRNewswire/ — DHL Global Forwarding, the leading international provider of air, sea and road freight services, today announced the launch of its new road and multimodal freight services connecting Mongolia to its major European and US trading partners in less than 20 days. The services support both SMEs and larger enterprises in industries ranging from mining and automotive to retail, fashion and perishables seeking to capitalize on Mongolia’s return to rapid economic growth and its transition from commodities to value-added exports.

Businesses in European nations stand to benefit from DHL’s new road freight service to and from Mongolia which connects to continental Europe through Russia and Belarus under 20 days. The new service offers both Full Truck Load (FTL) and Less-than-Truck Load (LTL) options to support different business sizes, ideal for small cargo volumes and initial market testing. The service will support the movement of imported foreign goods such as furniture, medicines and wine, and exports like mining spare parts, cashmere products and all terrain bikes.

“Mongolia’s economy is rebounding from the mining downturn, further building on its status as the world’s second-largest cashmere producer[1] and a food and agricultural export hub[2],” said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific. “With Mongolian businesses gaining a growing slice of global market share, supported by an increasingly solid network of regional Free Trade Agreements[3][4], Mongolia’s dominant trading partners also stand to gain from increases in domestic consumption of foreign goods.”

Mongolia also counts the US as one of its top five sources of imports[5] with cars and food as key imports. DHL’s new multimodal service provides Full Container Load (FCL) and Less-than-Container Load (LCL) shipping with transit time as few as 18 days. The service moves cargo such as watches, coffee machines and motorcycles from the US to South Korea by air, via ocean freight to China, and through rail and road into Mongolia, offering a balance between cost-efficiency and speed to businesses in the US seeking to expand their reach to Mongolia’s consumers. The service also offers Mongolia businesses exporting goods like aviation spare parts, camel wool and rally cars access to the US market.

“The new road freight and multimodal services provide both small businesses and large enterprises with an especially cost-effective and timely way of testing demand and establishing consistent trade between both markets,” said Charles Kaufmann, CEO, North Asia and Head, Value Added Services, DHL Global Forwarding Asia Pacific. “As the only international logistics provider with a local presence in Mongolia, DHL enables overseas exporters to gain a head-start in accessing the ‘Wolf Economy’ as it continues its path to the front of the pack.”

[1] http://www.oxfordbusinessgroup.com/news/mongolia’s-cashmere-cash-crop

[2] http://www.news.mn/r/191699

[3] http://m.koreatimes.co.kr/phone/news/view.jsp?req_newsidx=209621

[4] http://www.koreatimes.co.kr/www/news/nation/2016/07/116_209621.html

[5] http://atlas.media.mit.edu/en/profile/country/mng/

— End —

DHL — The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 340,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 59 billion euros in 2015.

Logo – http://photos.prnasia.com/prnh/20150811/8521505246LOGO

Source: DHL

Written by asiafreshnews

August 11, 2016 at 12:05 pm

Posted in Uncategorized

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