China Launches Intermodal to Hungary

August 14, 2019

A new freight train service has been launched  linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route.

According to Xinhua, this is the fifth freight train service Jinan has opened to Europe and Central Asia.

The city's port and logistics office said that goods can now reach 12 countries in Europe and Central Asia through the train routes.

The report said that cargo trains have made 81 journeys from Jinan to Europe and Central Asia in the first half of this year, a nearly sixfold increase from a year ago, according to the office. Together they have carried a total of 65,000 tonnes of goods worth 155 million U.S. dollars.

Jinan will increase the frequency of the cross-border trains and plans to open more routes to Poland and Germany in the near future, the office said.

The China-Europe freight train service, a significant part of the China-proposed Belt and Road Initiative, was launched in 2011 and has grown rapidly ever since.

Logistics News

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Subscribe for Maritime Logistics Professional E‑News

Sources say that Trafigura will withdraw LME copper stocks ahead of the US tariff ruling
Mercedes will roll out automated urban driving in Germany by the end of the year
UAE equity gains as oil rallies due to US-Iran uncertainty