The city of Yiwu, known as «the world’s supermarket,» in east China’s Zhejiang Province, has seen China-Europe freight trains transporting European goods for customers to choose for the upcoming Spring Festival
The Spring Festival, or the Chinese New Year, falls on Feb. 17 this year.
From Jan. 1 to 28 this year, a total of 208 China-Europe freight trains have operated here, carrying daily necessities and smart home appliances outbound, and loading with wine, ham, dairy products, and other items on the return journey.
The half-year health check on the state of the maritime markets finds shipowners in a better place than they anticipated 12 months ago. While tankers will have to wait for a meaningful vaccine-led recovery, box and bulk are booming.
The May 2025 edition of DHL’s Ocean Freight Market Update
