Rail to Poland, trucking to Germany, expedites cargo delivery

Warsaw, Poland - Euroconsol S.A., a leading neutral global NVOCC (non-vessel operating common carrier) and freight consolidator, today announces strategic improvements to its Wuhan, China to Hamburg, Germany Silk Road LCL (less than containerload) import rail service, which was bogged down by logistics delays.

Euroconsol is now deconsolidating full containerload (FCL) shipments at their Malaszewice, Poland hub and then trucking freight to Hamburg improving the overall transit time and expediting freight release in Hamburg. The transit time is a lean 16-days. Malaszewice to Hamburg is a two-day transit to Sea Master Shipping GmbH's warehouse, Krohn & Schroeder gmbh, Euroconsol's dedicated alliance partner in Germany.

August 2017, Euroconsol successfully introduced a Silk Road import LCL/FCL rail service from Chengdu, China to Pruszkow, Poland. Today, Euroconsol leads the market with 3-4 services each week.

"Our global freight forwarder customers welcome the enhancements we've made to our China - Germany Silk Road service. Their BCO shipper customers now have a faster and more effective supply chain solution that quickly moves their imports to market or production facilities in Germany. We're pleased to offer a better transportation solution that combines rail and trucking to expedite China imports," said Maciej Mazurkiewicz, chairman and CEO of Euroconsol.

The service is in collaboration with iCargo Alliance and Eurasia International Group. Chengdu International Railway Service Co Ltd. manages the intercontinental rail network running between Asia and Europe. Founded in 2012, the iCargo Alliance is a global NVOCC network of top brands in their respective countries. It was founded by C P World Group and Fan Cheng International Transportation Services Co, Ltd.

Euroconsol S.A. is a joint stock company that plans to increase its working capital in 2019 with B series financing of one million PLN, or 265,400 USD/233,100 Euro. In addition, in 2019 Euroconsol plans to open a large handling and distribution facility in Lodz, Poland, a location that is ideal for serving markets throughout Europe.