DB Schenker shortens transport times between Asia and Europe by a week
A new transport solution from DB Schenker has made the Greek port of Piraeus into the new gateway for commodity flows between Asia and Europe. The combination of ship and container train reduces the transport time between the two continents by more than seven days. Whereas a container travelling the traditional sea route from Hong Kong to Hamburg used to take around 26 days, the same cargo travelling via Piraeus now reaches the European mainland in Greece in just 18 days. The goods then reach Austria via rail within 65 hours of direct train transport. The shorter transport time also benefits the environment, since using the new route reduces CO2 emissions by 20 percent.
Starting last week, DB Schenker Logistics has begun operating via rail in the opposite direction, from Hungary to Piraeus. This new route is an interesting alternative for full container loads bound for the Greek market and for exports from Central Europe to the Far East (e.g. China) or to Africa. DB Schenker has now established this rail route (Hungary - Piraeus) as a regular weekly service in order to open a new gateway to Asia or Africa, particularly for exporters in Austria, but also for those in the Czech Republic and Hungary.
“With our new rail solution, we offer businesses the solutions they need to take full advantage of the strategic advantages offered by the port of Piraeus. Both importers and exporters can reduce their transport times and organize their supply chains to and from Asia more effectively, which also contributes significantly to the reduction of CO2 emissions,” says Mag. Helmut Schweighofer, who, as a member of the Board of DB Schenker Logistics in Austria and South East Europe, is responsible for rail traffic in that region. The quicker transport time means faster incoming revenue and reduced capital lock-up for businesses.
Numerous clients are interested in the new solution; for example, a large Japanese electronics concern already relies on the sea transport to Piraeus and on the regular DB Schenker block train from Piraeus to Hungary. The 520-meter-long train reaches the Hungarian city of Győr within 48 hours via exclusive transshipment from Piraeus and transports up to 38 containers per trip. Additional destinations in Central and South East Europe are also accessible by rail. DB Schenker sends regular block trains from Piraeus to the Czech Republic for another electronics client. The port of Piraeus has thus become a container traffic hub for goods transport to and from South East Europe.
The Greek port also offers importers advantages for the import turnover tax. Through an agreement with the EU Commission, goods which are imported into the European internal market via Piraeus must only be taxed when they pass to the end consumer.
DB Schenker in Austria and South East Europe
DB Schenker is an international logistics services provider that employs more than 95,000 people at 2,000 locations. Schenker & Co AG in Vienna serves as the Regional Head Office for South East Europe. DB Schenker currently employs more than 5,300 workers at 80 locations in the Region’s 14 countries. DB Schenker in Austria — and by extension in South East Europe — is thus one of the largest national subsidiaries in the DB Schenker global network. With the DB Schenker Climate Protection Program 2020, DB Schenker intends to reduce its specific CO2 emissions, that is, emissions which are related to transport services, by 20 percent worldwide between 2006 and 2020.