Europe-China rail plans make tracks

Burridge, Elaine
June 2007
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p35
Trade Publication
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.


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