300 Container Block Trains Planned From China Via Trans-Caspian Route
Date
9/20/2024 5:21:36 AM
(MENAFN- AzerNews)
Nazrin Abdul
Read more
About 300 container block trains are planned to be sent from
China through the Trans-Caspian International transport Route
(Middle Corridor) by the end of this year.
Rovshan Rustamov, Chairman of "Azerbaijan Railways" CJSC,
announced this at a consultative meeting of railway administration
heads in Baku focused on establishing the "Eurasian Transport
Route" International Association, Azernews
reports.
He stated that Azerbaijan, along with its partners, is
prioritizing container transportation and launching block trains
along the corridor to boost cargo volumes and enhance efficiency.
The first container train arrived from China to Baku in just 11
days, with average delivery times for block trains around 12 days.
The planned 300 container block trains will carry approximately
30,000 TEU, equating to up to 420,000 tons of cargo.
Rustamov noted that global logistics dynamics are changing, with
expected increases in freight flows between China and Europe. He
highlighted that global rail freight has been growing at around 5%
per annum and is projected to reach a value close to $300 billion,
increasing to 12 trillion ton-kilometers by 2050, and potentially
28 trillion ton-kilometers by that year.
MENAFN20092024000195011045ID1108695908
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.