In 2024, the China-Europe freight rail service reached a significant milestone by completing 19,000 train trips, marking a 10% increase from the previous year. This surge in activity facilitated the transportation of over 2 million TEUs (twenty-foot equivalent units) of cargo, reflecting a 9% year-on-year growth.
Launched in 2011 as a flagship program under the Belt and Road Initiative, the freight rail network has expanded its reach to encompass 227 cities across 25 European countries while connecting over 100 cities in 11 Asian countries. This extensive network not only enhances trade efficiency between the continents but also supports emerging markets by providing reliable and scalable logistics solutions.
The consistent growth in freight rail operations underscores the pivotal role of rail transport in global trade dynamics. As businesses and entrepreneurs seek more sustainable and cost-effective alternatives to traditional shipping methods, the China-Europe freight rail service stands out as a robust option that aligns with the evolving needs of the global economy.
Looking ahead, the continued expansion and optimization of the freight rail network are expected to further bolster economic ties between Asia and Europe, fostering a more interconnected and resilient global marketplace.
Reference(s):
cgtn.com