China-Europe Rail Routes: Global Supply Chain’s Latest Problem

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By Adhish Luitel | 1Q 2022 | IN-6496

 

Trade Complications

NEWS


Beyond rising energy prices and the horrific humanitarian calamities in Ukraine, the rest of the world is set to suffer from the effects of the Russo-Ukraine war. Due to the war, freight forwarders are scrambling to test alternatives to popular China-Europe freight routes that pass through the Russian territory. As a result, European forwarders have suspended bookings through the country. Chinese traders are hastily looking for alternatives. Per local media, a number of traders have halted orders as they evaluate the potential impact of sanctions, including insurance and payment settlement. Due to Russia’s war sending tremors through the global economy, companies will no longer be able to separate business from geopolitics. Organizational leaders cannot ignore the impact of such ructions on their own business operations and people.

Issues with Rail Transport

IMPACT


Trains are still running along the Trans-Siberian route, but Russian railways have been sanctioned so European forwarders have suspended bookings through the country. Kuehne + Na…

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