CCTT vice chairman honoured
At the last plenary session of the CCTT (coordinating council on Trans-Siberian transportation) in Kazakhstan, InterRail-president Hans Reinhard stepped down as the CCTT vice chairman for personal reasons. RZD-president Oleg Belozyorov honoured Reinhard with a diploma for his long years of commitment.
In a speech, Reinhard drew a gloomy picture for the further development of China-Europe rail traffic in view of the distribution of subsidies as regulated by the Chinese government, which indicates that the current rail freight subsidies of 40% (in 2019) will drop to 30% in 2020 and 20% in 2021.
Reinhard said, since nobody can compensate for these savings, it is to be expected that the marketing rates for single containers and container groups will rise again as from 2020. (ben)