Budapest, Hungary (PortSEurope) April 15, 2019 – Austria’s Rail Cargo Group (RCG) has established a regular connection the Chinese province of Xi’an and Budapest.
The container train with consumer goods covered more than 7,000 km on the route via Kazakhstan and Ukraine. A starting point was the city of Xi’an in China, with 13 million inhabitants.
The Rail Cargo Group operates several regular routes between Europe and Asia. In Hungary, goods from China are mainly transported to Hungary via the port of Piraeus or the Adriatic ports, and partly also via the continental corridors. On average, trains leave the seaports for Central Europe every other day.
With €2.1 billion turnover annually and about 8,400 employees, the Rail Cargo Group is one of the leading rail freight logistics companies in Europe. Based on the domestic markets of Austria and Hungary, the Rail Cargo Group offers customized rail freight logistics solutions and ensures safe and reliable transportation on the environmentally friendly railway between the North Sea, Black Sea and the Mediterranean.
The controlling company of the Rail Cargo Group is the Rail Cargo Austria AG, which is part of ÖBB, the national Austrian railways company.
Increased rail links between China and Europe is part of the new Silk Road.
The new Silk Road (part of the Belt and Road initiative also known as One Belt, One Road, or OBOR) is a Chinese economic strategy to seek better access for Chinese-made products in European markets, which includes acquiring stakes in ports and other transport facilities, and cooperation agreements with countries along the Silk Road routes.
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