China-Russia container rail freight rates have doubled from May, hitting US$8,000 per FEU this month.
Tight availability for sea freight between China and Europe, as well as the slow return of empty containers, arising from higher Chinese exports to Russia, have resulted in higher
demand for rail transport.
Reportedly, container rental prices have also risen, with leases for 40-foot containers between Shanghai and Moscow reaching US$1,800 to US$2,100, up from US$1,400 to US$1,600 in May.
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