Ripples from port delays spreading to impact booming China-Europe rail freight

The Pearl River Delta port congestion has triggered another spike in volumes and rates for China-Europe rail freight, causing delays and equipment shortages.
Last month, the number of trains rolling along Silk Road tracks continued the double-digit growth experienced so far this year: 1,357 train trips carrying 131,000 teu, up 31% and 40%, respectively, year on year, according to China’s National Development and Reform Commission.
And while Yantian International Container Terminal is …

The post Ripples from port delays spreading to impact booming China-Europe rail freight appeared first on The Loadstar.

Source: The Loadstar

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