Smog curbs hamper rail cargo

Source:Xinhua-Reuters Published: 2018/1/24 21:38:40

China's rail freight volume in December posted a year-on-year decline for the first time in 17 months and road transport grew at its slowest pace in a year, data showed on Wednesday, the latest signs that the country's war on smog has curbed business.

Rail freight volumes last month fell 3.8 percent from a year earlier to 303.87 million tons, the lowest since June 2017 and the first year-on-year decline since July 2016, the National Bureau of Statistics said.

Road freight, China's most popular form of freight transportation, grew by 5.6 percent to 3.3 billion tons, the slowest pace since January 2017.

The slowdown follows an extensive government crackdown on air pollution from factories that curbed the operating rates of heavy industries like steel and aluminum.



Posted in: INDUSTRIES

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