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China-Europe Freight Train Operation Updates (Week 30)

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China-Europe Freight Train Operation Updates (Week 30)

Date of release:2023-07-31 Author: Click:

The average trans-shipment time at Alashankou and Khorgos was 3-5 days; at Manzhouli Rail Port, the average reloading time at this port is 7 days, which is basically the same as last week; The waiting time for reloading in Erenhot is still relatively long, with some trains remaining along the way before arriving at the station, with an average reloading time of about 10 days.  

 

The supply of spaces and freight rates for each route are as follows:

 

European route:

The supply of space is stable, and booking prices at some stations have slightly decreased. The platform's booking price for August has been announced - the Xi'an Express service will be reduced by $100 on Wednesday, while other services will remain stable; The service from Chengdu to Duisburg was reduced by 400 dollars, and there was no fluctuation in other routes; The booking prices at stations such as Chongqing, Zhengzhou, and Jinhua have not changed.

 

Russian route: The overall supply and demand  is stable, and the supply of spaces is relatively sufficient. Cargo in South China are concentrated in stations such as Datian and Zengcheng in Guangdong for shipment; The goods in East China are relatively scattered, with sufficient spaces at stations such as Xi'an, Zhengzhou, Hefei, and Suzhou. Due to the lack of chassis , some scheduled trains in Xi'an may be delayed in early August. Due to the influence of the 31th Summer Universiade, some trains may be delayed to early August.Generally speaking there is a 3% -5% cut in spot  freight rates on the Russian line.

 

Central Asia route: The supply of spaces on the Central Asia route is sufficient and the supply of goods is scarce, leading to fierce market competition. Customers have put forward more requirements for transportation prices. The prices of various platform positions in August are gradually being announced. The prices of positions in Xi'an, Zhengzhou, and Chengdu remain unchanged, while the platforms in Yiwu, Jinhua, and Hefei have not been updated yet.Prices at Ganzhouare expected to decline by 5%.

Article source: Cargo Talk


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