After two years of decline, China-EU railfreight volumes are back on track [The Loadstar].
Westbound flows last year soaring 130% year on year, helped in part by the Red Sea crisis.
Volumes from China to Europe passed 330,700 teu, with 49,730 teu heading the other way, and while that represented the lowest score since 2017 — and a drop of 26.7% year on year — the combined China-Europe volumes were up 80.2% on 2023, according to the European Rail Alliance.
Supply chain analytics platform Upply said disruption had been one factor in the China-to-Europe increase.
This expert opinion was put together following the outcomes of the SPIEF-2024 session, Technological horizon: Models of non-raw material exports
The Eurasian Rail Alliance Index (ERAI) was introduced for the first time exactly a year ago, at PRO//Dvizhenie.1520 Transport Logistics Forum in Sochi. It is a unique instrument that allows any market player to decide on the delivery mode by assessing the cost of transportation via the longest leg of the Trans-Eurasian Route.
