Expedition and freight forwarding solutions

Investment in fixed assets of the railroad sector in China amounted to 43.9 billion yuan / about 6.12 billion dollars/ in January this year. According to the data of China Railways Corporation /CRC/, published on Monday.

According to the CZD data, this indicator grew by 3.7 percent in annual terms.

During the reporting period, according to the said department, a number of major projects were implemented, including the construction of the Chengdu-Chongqing high-speed rail center line /CHRC/.

In 2024, fixed asset investment in the country's railroad sector totaled 850.6 billion yuan, up 11.3 percent year-on-year, the CRA data showed.

As of the end of 2024, the length of operating railroads nationwide totaled 162,000 kilometers, of which the SCR accounted for 48,000 kilometers.

Last year, the length of new railroads totaled 3,113 km, including 2,457 km of high-speed railroads.

With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launches its operation at the port, said Shanghai International Port (Group) Co Ltd.

With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launched its operation at the port, said Shanghai International Port (Group) Co Ltd.

The Gemini Cooperation, a benchmark collaboration between Maersk and Hapag-Lloyd, announced last year to start operation in February, according to the official website of Hapag-Lloyd.

Both companies acknowledged the positive steps towards stability but emphasized the fragility of the situation and the ongoing security risks in areas like the Red Sea and Bab-el-Mandeb Strait. Thus, both announced plans to continue routing via the Cape of Good Hope, despite ceasefire.

CMA CGM has stated that while the ceasefire is a welcome development, the safety of its seafarers, vessels, and customers’ cargo remains the top priority. As a precaution, the company will continue to use alternative routes, including the Cape of Good Hope, for the majority of its network. Adjustments may be made on a case-by-case basis as the situation evolves.

Similarly, Maersk has confirmed that its operations will also continue to route via the Cape of Good Hope due to persistent security risks in the region. The company highlighted its commitment to ensuring stability and predictability for its customers’ supply chains and noted that its East-West network, set to launch on February 1, 2025, will rely on this routing.