News / China-to-Europe railfreight rates soaring as operators develop Red Sea alternatives

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China-Europe rail freight volumes are continuing 2023’s upward trajectory, recording an 11% year on year bounce in the first six months of this year, with some 1.23m teu moved.

Data from China State Railway Group, published on government websites, shows more than 11,400 trains operated in the first half of 2024; with the most recent monthly figures suggesting little sign that this positive momentum is dwindling.

Indeed, July was the third consecutive month in which more ...