| Modern Terminals is working
with its strategic partners to relieve congestion
at the checkpoints between Hong Kong and Shenzhen,
thereby improving the efficiency and economics
of cross-boundary trucking. After considering
our proposals, the Hong Kong and Shenzhen customs
authorities agreed to introduce the first ˇ§green
laneˇ¨ for the trucking community in May 2006.
Under the arrangement, all
customs-clearance and transfer procedures for
laden containers passing between Hong Kong and
Shenzhen are now conducted at Shenzhen South-China
International Logistics Co Ltd (SILC). Other container
transactions, including cross-boundary truck interchanges
with inland trucks, are handled there too. Afterwards,
the trucks pass directly along an express lane
at the boundary without needing to spend time
queuing and undergoing customs procedures there.
By allowing cross-boundary trucks to make laden-in-laden-out
trips, the new arrangement also avoids the need
for time-consuming container vanning and devanning
at factories, and customs procedures at local
check points.
As a result, the Cross-Boundary
ˇ§Green Laneˇ¨ is improving
the trucking communityˇ¦s overall efficiency and
productivity and reducing its costs. In addition,
Modern Terminals has established inland gate services
at SILC, which is closer to our cargo catchment
areas and our customers.
|