Silk Road rail and haulage rates rising, driven by Covid and border delays

2020 was another record-busting year for rail volumes on the New Silk Road, but a persistant bottleneck at the Kazakhstan border means lengthy delays for both rail and road freight.
According to Chinese media, China-Europe rail volumes reached 1.14m teu last year, up 56% on the year before, while figures from China State Railway Group shop train journeys passing 10,000, for the first time, to 12,400.
The volumes match those reported by …

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Source: The Loadstar

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