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Source: Long Supply Chain
Posted on 03/21/2022 4:27:07 AM PDT by TigerLikesRoosterNew
Forwarders seek alternatives to China-Europe rail services through Russia
By Sam Whelan 17/03/2022
Amid sanctions against Russia, forwarders are scrambling to test alternatives to China-Europe rail freight routes – with ocean winning, for now.
Trains are still running along the Trans-Siberian route, but Russian Railways has been sanctioned so European forwarders have suspended bookings through the country.
For example, while cargo is not directly targeted, Scan Global Logistics said the majority of customers were turning to air or ocean freight, given the uncertainty surrounding sanctions against Russia and Belarus and the risk of shipments getting stuck in either country.
And Chinese traders are also getting nervous. According to local media, some have stopped orders as they evaluate the potential impact of sanctions, including on insurance and payment settlement.
As a result, the weekly China-Europe train from Shanghai has reportedly seen a 40% drop in bookings and its frequency reduced. Similarly, the Silk Road freight train from Vietnam has been suspended. The service, which operates via Zhengzhou, was established in July following surging demand in South-east Asia for non-sea or -air cargo options and heavy truck congestion on the Vietnam-China border.
Now, proponents of China-Europe rail freight are keen to switch to keep cargo moving, checking out various routes through the middle or southern corridors largely through Kazakhstan, Azerbaijan, Georgia and Turkey via the Caspian Sea, or Romania via the Black Sea.
(Excerpt) Read more at theloadstar.com ...
Sanctions are hurting us more than Russia.
How is slowing down the importation of coolie/slave made goods and in return exporting US dollars “hurting” us? IMO cut off all trade. Make it here.
Wouldn’t this be a great article if only they’d have added a MAP of the rail route vs. a map of the water route?
While I agree with your sentiment, your idea is as stupid as "ban oil and make people buy electric cars"
The infrastructure to "make it here" does not exist and would take years to be put in place.
You cannot just "cut off all trade" and magically things are produced locally.
Trump was doing it right via tariffs over time.
It’s not the Soviet Union anymore. Places in Russia are looking more like the US these days.
...but yes make it here.
Next you will be teaching us how to use proper gender pronouns?
What are “forwarders”..?
Looks like my point is proven.
So China wins again. This will allow much more commerce to take place between Russia and China while preserving trade for China with the rest of Europe.
Ocean freight rates from China to East Coast USA are up about 10X since their lowest point at the start of Covid. Rates from China to Europe are probably up about 5X
I guess the goal is to make them catch up with the increase in USA rates....
Should maybe set up the factories first....don’tcha think.
I think I remember reading that
Surely you believe more people don’t give a damn about grammar correction than do?
Short sighted myopic losers like you can KMA. This why I know it's a good idea to FORCE industry back. Yes, I would put up with temporary shortages while the USA went through an industrial renaissance. I would love to see it.
YES.U.CAN. The magic would be in the redevelopment of industry. The construction the retooling would be an economic miracle. Where you see a problem I see an opportunity for long term prosperity.
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