These 5 European destinations were added to the New Silk Road in 2020
05.27.2020
Five new European destinations have been added to the New Silk Road since the beginning of this year, according to operator UTLC ERA. This includes the German cities of Burghausen, Ludwigshafen and Sassnitz, the Lithuanian capital Vilnius and the Polish city Gliwice.

In China, the city of Shilong was added to the network. This is located in Guangdong Province iin the southeast of China and traditionally a sea shipping destination. «This once again demonstrates the systematic transition of some cargo from the sea to rail» UTLC ERA commented.

Record volumes

Although the start of the year was marked by a market disruption due to the coronacrisis, the volumes on the New Silk Road are now picking up again. The month of April even witnessed an historic record in terms of volumes.

UTLA ERA, which represents a market share of 80 Per cent on the broad gauge section of the New Silk Road, carried 41,2 thousand TEUs in April alone. This is a doubling of volumes compared to the same period last year. Considering the large market share of the company, this is an indicator of the positive trend on the entire corridor, the company points out.

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Message from Alexey Grom, CEO of UTLC ERA regarding the launch of renewed and updated ERAI web-portal.

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.

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10.08.2020
Strong China-Europe Rail Links Boost Cargo Traffic amid Pandemic

While the COVID-19 Pandemic has brought unprecedented disruption to the world economy, it has also strengthened the rail links between China and Europe, and industry experts believe the growing volume of rail freight between East and West will aid the economic recovery of countries and regions along the routes of the Belt & Road Initiative

Source: Belt & Road News