Freight forwarders have turned to rail services between China and Europe, backed by the Belt and Road Initiative, as a transportation alternative in light of […]
Category: China
China-EU freight through Russia nearly back at pre-war levels
Rail freight transit through Russia to the EU is nearly back at its pre-war level. As Houthi attacks endanger shipping on the Red Sea, shippers are looking for alternative routes. Consequently, the volume of China-EU freight that travels via Russian rail grew by 44 per cent in 2024. According to Russian media, the volume of…
CKU line to cost Kyrgyzstan 8 billion dollars
Kyrgyzstan will need to spend 8 billion dollars on the China-Kyrgyzstan-Uzbekistan (CKU) rail line. Funding is the main obstacle to the construction of the route. Kyrgyzstan has not yet been able to find enough money to complete its part of the route. Akylbek Zhaparov, the head of the Kyrgyz cabinet of ministers, provided an update…
Russia to spend an additional trillion rubles on ‘Eastern Polygon’ lines
Russia will spend an additional one trillion rubles (10 billion euros) on the Trans-Siberian and Baikal-Amur railway lines. The extra financial injection is part of an infrastructure upgrade plan in Russia’s Far East. On 27 March, Russian Railways and the Russian transport ministry agreed on a framework for upgrades until 2035. The Russian transport ministry,…