News
Seamless freight cars transportation service has officially started between South Korea and China, with the first ferry departure from Weihai in Shandong Province, on December 21 and from Incheon on December 22, respectively.
The agreement between South Korea and China on Sea-land Intermodal Freight Cars Transportation signed on September 7 will take effect on November 24, 2010.
Under the pact, container transportation between the two countries is expected to become faster and safer since containers will be loaded on trailers and carried by car ferries, and thus there will be no loading and unloading processes at ports.
It will reduce transport cost by $49.5 per TEU and time by 3.5 hours without transshipment, which makes the transportation of emergency cargo and hazardous materials more effective and less harmful.
In addition, South Korea’s Ministry of Land, Transport and Maritime Affairs (MLTM) will start a trial project that puts RFID tags on Korea’s trailers for efficient management of cargo transport. RFID readers will be installed in Incheon, Pyeongtaek and Gunsan ports to manage trailers in and out of ports.
