Red Sea crisis spurring demand for rail freight via Russia

Major shippers have stopped using the vital maritime route due to the ongoing Houthi attacks The Houthi rebel attacks on vessels in the Red Sea have spurred burgeoning interest in alternative routes such as the China-Europe rail route that runs through Russia’s Far East, CNBC reported on this week. Companies that organize the shipment of goods have registered a sharp increase in enquiries and bookings for the route, according to the article. Transit via rail is attractive to shippers because it is cheaper than air freight and quicker than using ocean transportation. RailGate Europe, which transports goods includi

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