The first 200 units of the order, which are being leased from Triton Container International Ltd., are available from various container manufacturers in China, and Advance is asking other companies if they are interested in using the equipment.
“There is a tremendous shortage of special container equipment in China for oversized cargo,” said Jawad Kamel, Advance’s president and chief executive officer. “Rather than reposition these leased units empty to various container storage depots around the world, we are keen to hear from other forwarders, shipping lines and NVOCCs (non-vessel-operating common carriers), which may require these units. We would rather give other operators the opportunity to use this equipment at rates and conditions to be agreed before delivery, on a case-by-case basis.
“Using these containers, shippers will also be able to move their shipments out of China by rail via Kazakhstan to the CIS, Russia and Europe provided the oversized cargo is within the railway gauge of the Chinese and CIS railways.”
Any company taking advantage of this opportunity would be required to collect the new equipment from the manufacturer and would be free to arrange shipment with any carrier of their choice to the final port of destination. After the cargo is delivered to the consignee, Advance would require each container to return to the port of destination, from where it will be positioned to the closest container depot.
Advance prefers the port of destination for the open tops to be Genoa, Hamburg, Antwerp, Rotterdam, New York, Los Angeles or Chicago. For the flat racks, the preferred ports of destination are Genoa, Antwerp, Rotterdam, Hamburg, Houston, Seattle or New York.
“With such a tremendous shortage of this type of equipment, especially in China, we are sure that there will be a large demand. Therefore, we will be applying the age-old principle of ‘first come, first served,’ ” Kamal added.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now