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.
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.