China-Europe Freight Train Operations Increase by 12%... Transporting 1.22 Million TEU
From January to July, the number of freight trains operating between China and Europe increased by 12% compared to the previous year. Chinese local media evaluated that this growth trend would help stabilize the supply chain.
China's state-run Global Times (GT) reported on the 11th, citing data from China Railway, that the number of trains operating between China and Europe from January to July this year reached 11,403, a 12% increase compared to the same period last year. These trains transported containers totaling 1.22 million TEU, which is also an 11% increase from the previous year.
In July alone, 1,776 trains operated, marking the third consecutive month since May that the number exceeded 1,700.
Tommy Tan, CEO of Shanghai EPU Supply Chain Management Company, told GT, "Business through freight trains has grown about 5% since the beginning of this year," expressing an optimistic outlook. His company uses trains heading to several European cities, including Lyon, France, and Budapest, Hungary.
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GT emphasized, "Industry insiders see train transportation as more competitive than maritime routes, which face longer detours due to the ongoing Red Sea situation."
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