UPS expands China-Europe rail offer

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.

Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.

As demand in Europe for cross-border transportation fell in 2023, due to the recessionary effects of high energy prices and the Ukraine war, rail-road combined transport also fell, and the situation was aggravated by rail network problems, states Hupac

From mid-February, the established Kaldenkirchen-Domodossola link will be available with onward steel wheel connectivity to Bari; Domossola-Bari will also be offered as a single route. Thanks to a partnership with Grimaldi, customers can make a single booking between Kaldenkirchen and Patras