Sino-Singapore multimodal transport sees significant progress in Q1

Sino-Singapore (Chongqing) DC Multimodal Logistics Co. [Photo/WeChat account of Liangjiang New Area]

In the first quarter of this year, the total revenue of Sino-Singapore (Chongqing) DC Multimodal Logistics Co, which is based in the Liangjiang New Area, Southwest China's Chongqing municipality, exceeded 120 million yuan ($16.92 million), thus accelerating the circulation of domestic and foreign goods sources.

As of now, the warehouse utilization rate of Sino-Singapore (Chongqing) DC Multimodal Logistics Co has reached 100 percent, and the container yard utilization rate came in at 64 percent. The company has a total circulation value of over 1.6 billion yuan, which indicates a 360-percent surge compared to the previous year.

"We communicate with customers every day, confirming the dispatch and arrival times of goods, while coordinating internal resources to ensure that goods can reach their destination on time and safely," said Li Lanping, a staff member of the company.

The company leverages the Guoyuan Port National Logistics Hub's seamless logistics network to transport a significant amount of bulk commodities each year, including coal, steel, chromite, and iron ore.

By establishing partnerships with international suppliers, the company also procures high-quality frozen beef, chicken, and other products from countries such as Australia, New Zealand, and Belarus.