SeaIntel: Railroad stealing market shares from ocean freight
Some forwarding and logistics companies are experiencing growth rates of 100-200 percent in container freight by way of the railroad between Asia and Europe, which is approximately twice as fast as ocean freight, according to a study from SeaIntel.
BY OLE ANDERSEN
New and improved railroad connections between Asia and Europe, along with a growing demand among shippers for quicker and cheaper container freight between the two continents, will take market shares away from the carriers over the next 10 years. At least if the predictions among the largest forwarding and logistics companies hold true.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Hamburg Süd retakes first place in reliability
For subscribers
Maersk Line cancels Daily Maersk
For subscribers
Container carriers less reliable ahead of the New Year
For subscribers
