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Supply Chain

China opens wallet to keep trans-Eurasian express moving

Operators cover 'war insurance' and slash rates

As the conflict in Ukraine rages, war insurance can give shippers some peace of mind as their freight travels via the China-Europe Railway Express.

CHONGQING -- Aiming to soften the blow from the Ukraine war, Chinese operators are offering financial incentives to users of transcontinental freight trains connecting to Russia and Europe.

An operating company affiliated with Xi'an in March began covering war insurance payments for shippers transporting goods into and out of the Chinese city via the China-Europe Railway Express, or China Railway Express. This applies to all Russian and European destinations along the network.

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