Haulage rates have risen steadily by around 5% over 15 months, driven by a mix of economic recovery, global supply chain bottlenecks, rising costs and scarce capacity — particularly of drivers

The China-Europe Railway Express, or China Railway Express (CRE), is key logistical cog in President Xi Jinping’s Belt and Road Initiative. It provides an alternative to container shipping for transporting Chinese manufactured goods to Europe via Russia.