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China to Europe rail freight joint venture established

19 Jul 2012

INTERNATIONAL: Transport Holding of Chongqing, China Railway Company for International Multimodal Transport, RZD Logistics, Schenker China and Kaztransservice have established the YuXinOu (Chongqing) Logistics joint venture to manage rail freight services between China and Europe.

Operations will begin with container traffic between Chongqing and Duisburg. The joint venture expects to carry 5800 TEU by the end of 2012, with potential clients seen as companies from the electronics, machinery, chemical and aviation sectors in the Chongqing region.