News / Rail operator UTLC ERA slashes rates for carrying empty containers back to China

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In an effort to address looming container imbalances set to further cripple box supply chains on the core Asia-Europe trades, rail operator UTLC ERA has slashed its rates for carrying empty containers back to China.

The company, jointly owned by the national rail companies of Russia, Belorussia and Kazakhstan, said it was cutting the price of moving empty 40ft and 45ft boxes back to China by as much as 50%, “depending on volume and route”.

“I am certain this will bring about ...