China-Europe rail freight rates have fallen in recent weeks, as have ocean prices, but demand appears to be holding up, due to port congestion in Europe.
The number of China-Europe freight train trips this year reached 10,000 on 21 August, according to the latest figures from China State Railway, a figure hit 10 days earlier than last year and a 5% increase in volumes carried, at 972,000 teu.
Nevertheless, there has been …
The post China-Europe rail rates falling, but port congestion is propping up demand appeared first on The Loadstar.
