The Chinese state-owned rail operator Chinese State Railway Group (CSRG) has grown its quarterly freight volumes to a new record high. In the third quarter…
Category: China-Europe
China-Europe: railways are congested and container rates are spiking
China-Europe trade corridors are currently facing some significant issues concerning container rates as well as congestion along the railways. Concerning rail freight, congestion concerns the Alashankou and Khorgos border crossings between China and Kazakhstan. Moreover, some issues are starting to surface at the Małaszewicze border crossing in Poland. Rail congestion is having a serious impact…
The Middle Corridor remains too expensive as an alternative China-Europe route
The Middle Corridor, a multimodal China-Europe freight route through Central Asia, has garnered international interest as a potential alternative to transporting freight through Russia. Illustratively, the EU has allocated 10 billion euros for its development. The corridor remains too expensive to become a route of preference, explains Roland Verbraak, general manager of BTTMultimodalGroup. BTT, a…
Belarus raises rail freight fees by 8% amid higher China-Europe traffic
The Belarusian government has decided to raise rail freight fees by an average of eight per cent. The country, an important transit country for the increasing amount of goods coming into Europe from China, may seek to benefit from the growing freight volumes transiting its network. As per a decision of Belarus’ Ministry of Antimonopoly…