Over the past three years, China has been scaling down subsidies for train traffic between China and Europe. Financial support could not be more than 50 per cent of freight costs in 2018, no more...Read more
Recently, the shortage of containers has become a source of frustration for the logistics industry. Due to the imbalance between China and Europe trade, a large number of containers is stranded in the European ports...Read more
An intermodal alliance promoting rail freight along the Europe-Asia corridor has seen huge increases in TEU (twenty foot equivalent unit) movements in the first quarter of the year. The United Transport and Logistics Company (UTLC),...Read more