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It is well known that Chinese New Year, the biggest festivity of the year in the country, creates a certain level of turbulence in the supply chain. This year however, it is coupled with an increasing number of COVID infections and an overall dip in consumer demand.
While the Lunar Year has officially kicked off and the people in Europe have left their holidays behind, we are finding ourselves in the midst of winter. In Kazakhstan and some parts of China, this means −20 degrees Celsius, hard winds and snow. How does the China-Europe Express cope with these extreme weather conditions?
Preparations for the Spring Festival (Chinese New Year) in China are in full swing. The festive period that will peak on Sunday, 22 January, is traditionally the busiest transport period in China. This year, even more, since more passengers will take on trains to travel back home after the relaxation of the Chinese government’s Covid-19 policy. However, despite the rush on the railway network, China Railways reassures that freight traffic will not be affected.
Flooded railway tracks in several port yards in Rotterdam have been recovered since Sunday evening. The flooding occurred on the afternoon of Thursday, 12 January, following heavy rainfall and caused disruptions to freight traffic. However, according to ProRail, there are no more restrictions on train traffic.
Preparations for the Spring Festival (Chinese New Year) in China are in full swing. The festive period that will peak on Sunday, 22 January, is traditionally the busiest transport period in China. This year, even more, since more passengers will take on trains to travel back home after the relaxation of the Chinese government’s Covid-19 policy. However, despite the rush on the railway network, China Railways reassures that freight traffic will not be affected.
In 2022, traffic volumes between China and Europe reached a new milestone despite what has probably been one of the most volatile years in Eurasian transport. According to figures released by the China National Railway Group Co., Ltd. Work Conference in early January, China-Europe trains reached 16,000 trips and delivered 1,6 million TEUs.
In 2022, traffic volumes between China and Europe reached a new milestone despite what has probably been one of the most volatile years in Eurasian transport. According to figures released by the China National Railway Group Co., Ltd. Work Conference in early January, China-Europe trains reached 16,000 trips and delivered 1,6 million TEUs.
Industry insiders optimistic for trade next year amid optimization of epidemic response
From 8 January 2023, China will no longer implement quarantine and infectious disease management measures for the entry of personnel and goods into the country. After almost three years of strict measures, the government has loosened its grip on the pandemic control. Indicative is the classification of Covid-19 as a slightly less threatening virus and the revised protocols concerning its control and prevention announced on 26 December. Can these latest developments also impact the China-Europe rail freight business?
Trade between China and the EU increased 4.4 percent in the January-November period this year, latest customs data revealed, reflecting the potential and resilience of the bilateral economic cooperation.
Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January.
The railway line between Alashankou and Jinghe in China is to have a second track. On 30 November, the foundation stone was laid, lauding the official start of construction. The second track means a significant expansion at one of the most important border points on the New Silk Road.
China has announced a nationwide ease of the strict COVID policy for the first time in three years. What does this policy shift mean for the rail freight industry? What impact have lockdowns had on freight forwarders and platform companies? And what changes can be expected next year?
China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments to ensure key targets are hit, said a statement following an agenda-setting meeting, as Beijing scrambles to cushion the impact of a surge in COVID infections.
The EU Carbon Border Adjustment Mechanism (CBAM) is designed to mitigate the risk of carbon leakage by imposing a levy on GHG emission-intensive goods imported from countries where no carbon pricing is in place. In its first phase, it will cover highly traded goods in sectors at a high risk of carbon leakage such as steel, cement, aluminium, electricity, and fertilizers.
At the European Silk Road Summit (ESRS) held last week in Duisburg, the increase in Kazakhstan’s transit fees was a hot topic for Chinese and European rail freight players. Sadvakkas Seitzhanov, general manager of Kazakhstan International Logistics, took the stage to claim that the fees to transit through Kazakhstan in 2023 will remain stable.
Industry insiders optimistic for trade next year amid optimization of epidemic response
Capacity of the Polish Malaszewicze and Biała Podlaska terminals, both near the border with Belarus, will be extended with 13 additional tracks. Three new tracks will be build in Małaszewicze, while Biała Podlaska will be extended by ten tracks. Both are situated on the railway line to Warsaw, and on the New Silk Road.
The unrelenting decline in container freight rates from Asia, caused by a collapse in demand, is compelling ocean carriers to blank more sailings than ever before as vessel utilisation hits new lows.
