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Xinhua — China, Russia freight train delivers success, 17,000 tons of cargo

Summary:
Over the past year, a total of 43 trains have run on the route, delivering more than 17,000 tonnes of products, worth 236 million U.S. dollars, from Guangzhou to Russia. It takes the train 15 to 18 days to reach Vorsino, about 10 days less than the sea-rail transport service, and 25 days less than a ship. The costs are just one-third of air transportation. "Our train runs once per week and were fully loaded from March this year, one of the highest loading rates among all China-Europe routes," said Huang Zhongxi, general manager of Guangzhou Dashunfa Logistics, the train operator.…. Ecns China, Russia freight train delivers success, 17,000 tons of cargoXinhua | Editor: Gu Liping

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Over the past year, a total of 43 trains have run on the route, delivering more than 17,000 tonnes of products, worth 236 million U.S. dollars, from Guangzhou to Russia.
It takes the train 15 to 18 days to reach Vorsino, about 10 days less than the sea-rail transport service, and 25 days less than a ship. The costs are just one-third of air transportation.
"Our train runs once per week and were fully loaded from March this year, one of the highest loading rates among all China-Europe routes," said Huang Zhongxi, general manager of Guangzhou Dashunfa Logistics, the train operator.….
Ecns
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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