China, Kyrgyzstan and Uzbekistan have signed an agreement to push ahead with construction of a railroad linking the 3 countries that will, if completed, establish a shorter route to Europe. This railway would be 523 kilometers long, with 213 kilometers in China, 260 kilometers in Kyrgyzstan comprising nearly 90 tunnels and then 50 kilometers in…
Freight & shipping costs & delays Seasonality, a drop in available exports, and inflation’s impact on European consumer demand are causing decreased Asia-Europe pricing, while ongoing pandemic-related delays and closures are likewise driving down Asia-North America ocean rates – though these remain extremely elevated compared to pre pandemic prices. As the lockdown in Shanghai stretches…
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