DHL sets up JV to service China to Europe routes

DHL: A memorandum of understanding to form a strategic partnership to develop rail forwarding services between China and Europe has been signed by DHL Global Forwarding and the project office which is setting up the United Transport & Logistics Co (UTLC) joint venture between the national railways of Russia, Kazakhstan and Belarus. Once it is established, UTLC will transport containers between Europe and China, with DHL responsible for third-party logistics and cargo origination at each end. AB