After six months of this year, the volume of China-Europe rail traffic of the China-Europe Railway Express operator has increased by 30% compared to the same period of 2022.
Between January and June, the China-Europe Railway Express operated 8.6 thousand round trips and handled more than 936 thousand TEUs in China-Europe traffic, while the number of trips increased by 16% compared to last year’s performance, and the volume of transportation increased by 30%.
The most significant growth in transportation was observed on the Xi’an – Duisburg route. The China-Europe Railway Express increased the frequency of container trains on this route from once to twice a week. Additionally, a new service to Lodz in Poland was introduced, which significantly reduced transit time on the China-Europe route.
The Loadstar notes that earlier this year, Chinese operators were at a disadvantage, and only the demand for Russia-China rail transportation prevented the collapse of rates on the China-Europe route. At that time, due to the lack of opportunities in the maritime transportation market, Russian shippers turned to railroads. This demand allowed Chinese railroad operators to maintain high rates for the European market.