Testimonials

RW Freight Services dealt with my export to Norway and I am very happy with the service I recieved. The booking process was very simple and then the collection was made very quickly afterwards.

Norway Freight Exports
19870

RW Freight Services are a good company that collect from me on time and I have no doubts when using them for my exports to Norway.

Norway Export Freight
7050

R W Freight are easy to work with

Norway Groupage Exporter
67270

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

China rail freight volumes post largest annual decline

Tags: ,

Stacks of international freight containers on a port quay

China’s rail freight volumes fell 10.5 pct in 2015, which is likely to add to concerns over China’s economic growth rate. China needs growth to hit its 2020 rail freight volume goal.

China’s national rail freight volumes declined by a tenth in 2015, their biggest ever annual decline, business magazine Caixin reported on Tuesday, a figure likely to raise questions about how sharply the economy is really slowing.

Citing sources from railway operator National Railway Administration, Caixin said rail freight volumes declined 10.5 percent year-on-year to 3.4 billion tonnes in 2015.

Rail freight volumes fell only 4.7 percent in 2014.

The amount of cargo moved by railways around China is seen as an indicator of domestic economic activity. The country’s top economic planner said last month that November rail freight volumes fell 15.6 percent from a year earlier.