Legende

Container rate instability leads to peak Asia-to-Europe rail traffic

MORE than 500,000 TEU have been transferred on UTLC ERA’s transit services across the territories of Kazakhstan, Russia and Belarus since the beginning of 2020, reports Antwerp’s Atlas Logistics Network. For the first time railfreight traffic this record has been achieved on Russian gauge track. The current total transit volumes are one and a half …

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Rising haulage rates on Silk Road rail driven by Covid and border delays

LAST year was another record-busting year for rail volumes on the New Silk Road, but a persistent bottleneck at the Kazakhstan border led to lengthy delays for both rail and road freight. According to Chinese media, China-Europe rail volumes reached 1.14 million TEU last year, up 56 per cent on the year before, while figures …

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East China port’s 2020 overall cargo throughput ranks top

CHINA’s busiest port area, Ningbo-Zhoushan in the eastern province of Zhejiang, saw its cargo throughput exceed 1.17 billion tonnes in 2020, ranking first in the world for a 12th consecutive year, reports Beijing’s China Economic Net. The port’s annual container throughput surpassed 28.7 million TEU last year, ranking third globally. Both cargo and container throughputs …

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Freight-cost pain intensifies as Covid scare rocks ocean shipping

SOARING freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs, reports Bloomberg. Trade associations in China have raised antitrust concerns with the government, while similar pressure is simmering in Brussels, where the European Shippers’ Council petitioned the European Commission …

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Nansha cargo up 1.2pc to 23.5 million TEU, world’s 5th biggest port

THE Port of Nansha, the only deepsea port on the west bank of the Pearl north of Hong Kong, posted the 1.2 per cent year-on-year increase in cargo volume in 2020 to 23.5 million TEU, retaining its standing as the 5th biggest container port in the world.Nansha, which generates 75 per cent of the total …

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Russian Railways earns US$6.52 billion in foreign business in 2020

RUSSIAN Railways’ foreign activity revenue in 2020 amounted to US$6.52 billion, the company disclosed. Over 800,000 TEU were shipped in transit through the Russian Railways network at the end of last year, 10 percent more than the planned indicator of the Long-Term Development programme of the company. 561,000-TEU were transported on the most popular route, …

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