Lufthansa Cargo strengthens 'key strategic partnerships' in China
Lufthansa Cargo has made a big bet on China: it has signed agreements with Shanghai ...
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY MAERSK: INTEGRATED LOGISTICS WIN
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY MAERSK: INTEGRATED LOGISTICS WIN
This is an interesting look at the land-sea corridor between south-east Asia and China. Five years ago, all goods were shipped by sea. Now, rail is a major part of the trade route between the two, with some 7,000 “rail-sea intermodal trains” travelling from south east Asia to Chongqing, with volumes up 32% in 2022 over 2021. Called the International Land-Sea Trade Corridor, it now links 393 ports in 118 countries and regions. (This is reported by Chinese state outlet China Daily, so caution on the numbers may be wise.)
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