News / As ocean rates soften, Davies Turner cuts prices for in-demand China-UK rail services

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As ocean freight rates from Asia to Europe begin to show tentative signs of declining, there has also been a “softening of buying rates post-Chinese New Year on China-Europe rail services, according to UK forwarder Davies Turner.

As a result, the company has reduced less-than-container load (LCL) rates for its Express China rail freight service, the only direct weekly fixed-day intermodal service between China and UK.

Head of ocean Tony Cole said: “Our weekly LCL volumes on the overland rail freight service ...