Insights
- In the first quarter of 2024, the China-Europe freight train services recorded 4,541 trips, marking a 9 per cent rise compared to the same period last year.
- The volume of goods transported was approximately 493,000 TEUs moved, showing a 10 per cent increase YoY.
- By March 2024, the cumulative number of trips made by these freight trains reached 87,000.
In the first quarter (Q1) of 2024, the China-Europe freight train services have shown a notable increase, according to the data by the China State Railway Group (China Railway). There were 4,541 trips made between China and Europe in this period, marking a 9 per cent rise compared to the same timeframe last year.
The volume of goods transported also saw a substantial rise, with approximately 493,000 twenty-foot equivalent units (TEUs) of goods being moved, which is a 10 per cent increase from the previous year.
As of March 2024, the cumulative number of China-Europe freight train trips reached 87,000, extending logistics services to 222 cities across 25 European countries, according to Chinese media reports.
In the first quarter of 2024, the China-Europe freight train services recorded 4,541 trips, marking a 9 per cent rise compared to the same period last year.
The volume of goods transported was approximately 493,000 TEUs moved, showing a 10 per cent increase YoY.
By March 2024, the cumulative number of trips made by these freight trains reached 87,000.
Fibre2Fashion News Desk (DP)
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