• 2009 November 18

    Chinese rail traffic jams


    Railcar (loaded with coal and ferrous-metals) jams forgotten for a period of economic recession have occurred at railway approaches to a number of ports. Railroadmen accuse stevedoring companies of railcars demurrage. Nevertheless, as per experts opinion, growth of coal transhipment volumes as well as freight rate increase are explained by a resumed demand for coal on the part of China which actually may go down again due to the reserves collected in the country.