1:30 — 2:30 PM
WHY THE INTERCONTINENTAL LANDBRIDGE IS HEATING UP
From a standing start in 2013, Europe-Asia rail is at a full gallop. Rail freight volumes between Germany and Asia increased tenfold in just one year, according to forwarders. As of May, there were 53 trains running into Europe each week and 23 trains headed back to Asia, with eastbound volumes growing steadily. Westbound transit times are 12 to 18 days, while eastbound transits are 11 to17 days. Origin cities in China are Changsha, Chengdu, Chongqing, Hefei, Shenyang, Suzhou, Wuhan, Yiwu, and Zhengzhou. Destination cities are Duisburg, Hamburg, Lodz, Lyon, Nurnberg, Tilburg, and Warsaw, with a further service into London. It is a showcase project of the Chinese One Belt, One Road initiative that is beginning to build significant volumes in the Asia-Europe trade. As an example of how rail is expanding its reach, less-than-containerload shipments are expanding rapidly in both directions on the China-Europe rail trades, opening the routes to a much wider customer base. Last year, 40,000 containers moved by train between Asia and Europe, according to DB Schenker, which expects volume to increase to more than 100,000 containers by 2020. Other estimates put potential 2020 volumes at 500,000 FEUs. Growth is so robust, in fact, that concern is growing that congestion at key points, such as rail gauge change stops, soon could become an issue. This session will explore the current state of play in Asia-Europe rail with leading figures involved in all aspects of the services.
— PANELISTS —
Rail and Intermodal,
AFMS Logistics Management Group
President and Founder,