Shanghai Sea-Rail Container Transport Hits 900,000 TEUs
Shanghai Sea-Rail Container Transport Hits 900,000 TEUs, Demonstrating Regional Development and Promoting Trade Under the Belt and Road Initiative.
Sea-rail container transport from Shanghai increased by 30% year-on-year to reach 900,000 TEUs in 2024.
Authorities have been working to connect Shanghai with more inland areas, in line with the Belt and Road Initiative (BRI). Currently, Shanghai's sea-rail transport routes cover more than 40 cities in nine provinces across China, including Jiangsu, Zhejiang, Anhui, and Sichuan.
“Shanghai’s sea-rail transport cargo exports have repeatedly achieved good results, which is a microcosm of coordinated operations and common development in the Yangtze River Delta region,” said Zhong Bin, deputy marketing manager of Shanghai Port Sea-Rail Transport.
China State Railway Group (China Railway) handled a record 1 billion tonnes of cargo in the third quarter of 2024, with container traffic up 17% year-on-year to 9.6 million TEUs. Rail transport to and from China was also boosted by Western sanctions against Russia, which forced container shipping lines to suspend port calls in the country. This forced Russia to turn to rail as an alternative.
The Chinese government is promoting the transformation of the transportation model, and with increasingly close cooperation between railways, ports and related units, rail-sea transport is becoming an important mode to expand economic trade between countries under the Belt and Road Initiative. “We will continue to promote sea-rail transport by expanding routes to effectively reduce logistics costs,” said Li Lin, head of Shanghai Railway’s multimodal transport department.
See more:
- Fitch Upgrades Global Container Shipping Outlook
- Growing demand could drive up air freight costs for shippers by 2025
- Maersk: Lunar New Year, labor disputes and port congestion to challenge European shipping market in 2025
- Korean Air Completes Asiana Airlines Acquisition After Delays
- IATA: Air cargo volumes forecast to grow 5.8% in 2025
- Air Cargo Takes ‘Wait-and-See’ Approach to US Tariffs and Positive Demand Outlook for 2025
- Global Shipping Market Faces Growing Challenges
- Structure and market share of shipping alliances change in 2025
- ZIM Updates Trans-Pacific Network
- Asia-Europe Rates Rise with December GRIs
Source: Phaata.com (via ContainerNews)
Phaata.com - Vietnam's First International Logistics Marketplace
► Find Better Freight Rates & Logistics Services!