Nunner acquires stake in Chinese rail service provider Tiedada
Dutch logistics service provider Nunner has acquired a share in Tiedada, a Chinese fully digitized rail service provider. With the partnership they aim to make Tiedada the leading party on the New Silk Road.
The Letter of Intent was signed at the 2nd China (Ningbo) International Shipping Logistics Fair and included a ‘multi-million-Euros investment’ from the Dutch logistics provider. “This initiative will give shippers and logistics service providers direct access to a one-stop shopping concept” said Erik Groot Wassink, Director Special Products at Nunner Logistics.
“Tiedada has it own presence on all major rail platforms in China which guarantees full control of every FCL or LCL shipment”, he continued. Frank Shao, CEO at Tiedada explained: “The connection with Nunner makes that we will have direct access to Nunner’s digitised road freight network in Europe. “We will be able to deliver and pick up anywhere in Europe via the hubs in Warsaw, Poland and Helmond, the Netherlands within the shortest transit times and with full transparency, having one end-to-end internet platform.”
Tiedada is an international rail service provider in China with a smart logistics service platform and end-to-end service for modern e-commerce and trades. The company is headquartered in Ningbo and has branches in Shanghai, Shengzhen, Wuhan, Xian, Chengdu and Chongqing. With the investment of the Netherlands-based logistics provider, the company should become the ‘Masters of the Silk Road’, Erwin Cootjans, CEO at Nunner Logistics said.