China’s Railway Corporation (CRC) announced that in the first two months this year freight volumes on China’s railways amounted to 613 million mt, up 13.1 percent year on year, exceeding 600 million mt for the period for the first time and hitting the highest historical level over the past nine years. The freight volume in February alone reached 289 million mt, up 14.4 percent year on year.
As for 2021, CRC is targeting a freight volume of 3.7 billion mt, expecting to see a year-on-year rise of 3.4 percent.
In particular, in February the freight volume on China’s Daqin railway - the barometer for coal transportation - amounted to 34.45 million mt, up 45.3 percent year on year, as announced by Daqin Railway Co., Ltd. In the January-February period of the current year, the freight volume on Daqin railway totaled 71.56 million mt, up 29.9 percent year on year.