The cost of renting containers in China decreased by 22%
26.10.2021
Before the celebration of “Golden Week” (October 1), the price of a container in China dropped by 22%.
The rental price for a container is $ 6,898, the lowest one since the beginning of the year, informs Railway Supply magazine, citing Railfreight. The price is predicted to remain low until Christmas in Europe.
China – Europe cargo transit terminal opened in Kaliningrad
Some experts believe that such a drop is not temporary at all and is a sign of market balancing. Recall that in September, a simplified customs clearance procedure was introduced for China-Europe freight trains.
Under the new procedure aimed at improving efficiency and strengthening supervision, the head of the freight train can provide the customs authority with the electronic data of the railway manifest before the train arrives at the port.
Railway news you may have missed:
Camco Technologies to implement Truck OCR technology in 4 DUSS terminals
Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit



