More than 60 logistics companies in Chongqing will cooperate in building a 66.7-hectare logistics base in the Western Logistics Park of the city with a co-investment of about CNY100 million (US$15.8 million), reports Xinhua.
    The new facility will provide services such as warehousing, inspection, driving training and vehicle parking. The Western Logistics Park's phase 1 project has been put into operation, coupled with over 500 companies settling in the park. The park's railway container transport hub will have a capacity of two million TEU, and can handle two million tonnes of express delivery cargo and three million tonnes of bulk cargo per year when the park is wholly completed in 2020. By then, the park's annual trade value will reach CNY100 billion and the park will need 3,000 to 4,000 trucks to transport cargo everyday.
    In addition, the companies that set up the Western Logistics Chamber of Commerce will introduce a price guide for businesses to prevent disorderly competition.

(source:transportweekly)