TITLE

Europe-China rail plans make tracks

AUTHOR(S)
Burridge, Elaine
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Deutsche Bahn (DB), CMA CGM and Zim Logistics to create a container rail service in China. Chinese rail ministry subsidiary China Railway Container Transport will have a 34% stake in the new company, to be called China United International Rail Containers. The venture, which will link up freight transport between Europe and China, will invest $1.6 billion over the next five years to establish a railway line and 18 rail terminals.
ACCESSION #
25735685

 

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