APL Logistics, a unit of Singapore-based Neptune Orient Lines, opened a state-of-the-art container freight station near Bangladesh’s busiest Port of Chittagong.
“This is the most efficient, up-to-date facility of its kind in the country. It has been built exclusively for our customers and there is room to grow as we grow our business here,” the company said in a statement, announcing the launch.
The new facility occupies over 114,000 square feet, and replaces the company’s existing third-party logistics arrangements.
Strategically located close to the port as well as the Chittagong and Karnaphuli export processing zones, the dedicated depot offers facilities such as cross-dock, consolidation, 48 receiving bays, trucking, advanced security, and bar code scanning.
APL Logistics said the freight station would help improve transit times and reduce costs for the trade.
Chittagong, the country’s main gateway port, handles nearly 90 percent of Bangladesh’s total seaborne trade. Container volume in 2009 totaled 1.16 million 20-foot equivalent units, compared with 1.06 million TEUs the previous year.
In recent months, the port has faced severe congestion problems which prompted mainline and feeder operators to impose an emergency surcharge, ranging from $90 to $150 per TEU, in a bid to offset additional operational costs.