Guangzhou: The perennial topic of big name shippers shifting operations out of South China is not necessarily a one way movement. America’s second largest largest retail enterprise Target has just set up a cargo station in Qianhaiwan bonded port area, Shenzhen. The company has inked a service agreement with China Merchants Bonded Logistics.
According to the agreement, China Merchants will provide relevant supply chain services to Target such as customs declaration.
In December last year, Target processed a 10-week trial operation in Qianhaiwan.
While there is plenty of talk of shippers leaving South China a significant number are being lured to stay like Target and Mattel.
“South China has a good proven track record for efficient logistics and can bare a price war with other regions,” one Hong Kong-based logistics expert told SinoShip News. [05/07/12]