Saturday, April 12, 2008

YRCW subsidiaries introduce expedited China-U.S. ocean service

YRC Worldwide Inc. subsidiaries Roadway and YRC Logistics Global have rolled out an expedited ocean service from China to the United States this week.

YRC said in a statement that this new offering adds new supply chain services at origin and destination for global shippers, as well as expand its logistics offerings to more global markets.

“Global supply chains are more dynamic than ever,” a YRC spokesperson told LM. “This offering provides a unique [service] for those customers who seek a faster service at a more reasonable price…our customers are sourcing globally, and we are providing solutions to that end.”

The spokesperson noted that the new expedited ocean service from China to the U.S. will provide several benefits for shippers, including: transit time improvement from standard LCL (less-than-container-load) ocean service, which lowers costs by improving inventory turns; significant cost reduction over air; many Chinese origins with multiple sailings per week that will provide faster speed to market; Guaranteed delivery or your money back if it fails to deliver by scheduled delivery date; and faster inventory turns & cash-to-cash cycle.

The service will originate from seven origin ports in China—Dalian, Qingdao, Shanghai, Ningbo, Xiamen, Guangzhou, and Shenzhen—and the Port of Long Beach is the lone U.S. port involved in this endeavor.

Roadway President Terry Gilbert said in a statement that this new service meets a need in the marketplace for a reliable, cost-effective alternative to air transit for LCL shipments from China. And the YRC statement said that this service is expected to be at least six days faster than standard ocean transit, and it will be comprised of multiple weekly sailings from the seven China-based origin ports. And the service will offer priority unloading of containers at the Port of Long Beach, which will expedite deliveries, as imports will be diverted through the Roadway network with guaranteed delivery to its final destination.

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