The China-Europe Railway Express, also referred to as the China Railway Express (CRE), occupies a central position within President Xi Jinping’s Belt and Road Initiative, functioning as a cornerstone of international rail freight sector. In recent years, this transcontinental network has gained prominence as a critical channel for Chinese exports to Europe. Its importance has…
Globalia Blog
Month: March 2024
Empower Your Business by Attending Globalia’s 5th Annual Meeting: The Best Freight Forwarders Conference for Independent Freight Forwarders
Establishing robust relationships forms the bedrock of success for independent freight forwarders. Networking emerges as a crucial component in seizing fresh business prospects and elevating brand visibility. Yet, active networking goes beyond mere engagement, as it can unlock numerous new projects with international network partners. However, fruitful business meetings encompass more than networking alone. The…
The Red Sea Shipping Crisis and Its Ripple Effect on the Container Shipping Industry
The ongoing Red Sea shipping crisis, sparked by Houthi rebel attacks on cargo ships and tankers, has led to a significant number of vessels bypassing the Suez Canal, a vital global waterway. Instead, these ships are compelled to take an extensive detour around southern Africa, adding approximately 4,000 miles to each journey. This considerable rerouting…
How Freight Forwarders in China Can Expand Their Operations
According to a Research and Markets report, the transportation and logistics sector in this country is projected to sustain a compound annual growth rate (CAGR) of over 6% from 2022 to 2027. China is emerging as a formidable force in global transportation and logistics, attributed to factors such as robust government regulations, excellent infrastructure encompassing…