Hyundai Glovis opens train route

Home > Business > Industry

print dictionary print

Hyundai Glovis opens train route



Hyundai Glovis CEO Kim Jung-hoon, third from left, Democratic Party Rep. Song Young-gil, Executive director of Fesco Integrated Transport German Maslov and related officials from Korea and Russia pose for a photo during a commemoration ceremony held Tuesday in Vladivostok for the launch of a regular block train that runs between Vladivostok and Saint Petersburg. [HYUNDAI GLOVIS]

Hyundai Glovis began regular operations of an express cargo train across Russia on the Trans-Siberian Railway line on Tuesday.

According to the logistics arm of Hyundai Motor Group, it is the first Korean company to operate an express train on the Trans-Siberian Railway line on a regular basis.

The train travels from Vladivostok, the eastern terminus of the Trans-Siberian Railway, to Shushary station in Saint Petersburg in 12 days, allowing customers to move cargo from Korea’s Busan port to Saint Petersburg in 22 days.

When cargo travels by ship from Busan to Saint Petersburg it takes 43 days.

“We will bolster our sales in Europe,” said Hyundai Glovis CEO Kim Jung-hoon, “and increase the volume of cargo delivered on the Trans-Siberian Railway.”

Kim expects its train operations to be a stepping stone to establishing a so-called northern logistics network that connects the Korean peninsula directly with Europe through the Trans-Siberian Railway. That would depend on a trans-Korean railway running across South and North Korea.

The train made its first run on Tuesday from Vladivostok to Saint Petersburg carrying 64 forty-foot containers filled with parts from Hyundai Motor. The parts are expected to be delivered to the Shushary station, about 10,000 kilometers away, by Aug. 26. The parts will be used by the automaker’s factory in Saint Petersburg. The parts traveled two days on ship from Busan to Vladivostok. It took eight more days for the parts to go through customs and be loaded onto the train. Still, using the train is about twice as efficient than using ships and trucks, according to a spokesperson from Hyundai Glovis. The train runs once a week.

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)