Forwarders eyeing higher costs as China cuts subsidies for rail freight
Europe-bound Chinese rail freight is expected to become a whole lot more expensive as Beijing ...
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By Stuart Todd
The Channel Tunnel, which opened more than 30 years ago as a major pathway for trade between the UK and continental Europe, remains significantly under-used for rail freight.
In 2023, just over 1,400 freight trains went through the tunnel – an average of only five per working day. Today, that average is down to four.
And the link’s operator, Getlink (formerly Groupe Eurotunnel), estimates this represents just 10% of the annual capacity available – one million tonnes, whereas the potential is estimated at ...
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