COVID-19: China’s “Trans-Eurasia Logistics” service surges: Belt and Road
-In early November, it exceeds the previous year’s results-
Beijing
December 21, 2020
China Railway Group:
International regular freight train connecting countries along the Belt and Road
The number of “Trans-Eurasia Logistics” trains reached 10,180 from January to November 5, 2020.
It surpassed the previous year’s full-year record (8,225) and reached a record high.
International freight train “Trans-Eurasia Logistics”
Freight volume:
It increased by 54% from the same period of the previous year to 927,000 TEU.
Round-trip total:
The cargo loading rate of containers reached 98.3%.
Impact of COVID-19:
Received the spread of the new coronavirus.
The stagnation of air and shipping seems to be due to the increased use of the Trans-Eurasia Logistics as an alternative.
Trans-Eurasia Logistics:
In March 2011, the service started between Chongqing and Duisburg, Germany.
More than 9 years have passed since then.
The number of trains in service has expanded from the initial 17 trains per year to over 10,000 trains (see attached figure).
China shipping items:
Including laptops
Automobile / motorcycle parts,
Communication equipment, machines,
Small appliances, food, pharmaceuticals,
It covers dozens of items such as medical equipment.
Items shipped from Europe:
High value-added products such as finished vehicles and pharmaceuticals are increasing.
–JETRO
https://www.jetro.go.jp/biznews/2020/12/b1450ac16b4f091b.html