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Rail Cargo Group - Your Partner in Europe

ÖBB hosts high-level two-day CCTT event in Vienna

250 participants from 20 countries across the world discuss current trends and development potential on Eurasian corridor

12-Nov-2015

A total of 13 corridors link Asia with Europa, six of which connect with EU freight corridors. More and more freight traffic between EU countries and Asia is going via the trans-Siberian route, which offers significant potential for growth in the years to come. International organisation CCTT (Council on Trans-Siberian Transportation) has set itself the goal of boosting the attractiveness of the trans-Siberian route in order to optimise links between Europe and the Asian market. In this context, over 250 high-level participants discussed potential and current projects at the 24th CCTT conference, which was held in Vienna from 10-11 November and co-hosted by ÖBB.

High-potential Eurasian land-bridge

Over 95 per cent of freight between Asia and Europe is currently moved by container ships on international sea routes. Constant economic structural change and growing trade flows are profoundly reshaping the international freight business. Greater networking of transport modes, particularly digital, will be decisive for the future of international logistics chains. Shorter transit times and a wider range of destinations are continuously boosting the attractiveness of rail along the Eurasian corridor. The trans-Siberian route is becoming a genuine alternative for business, particularly in Austria and neighbouring countries. As such, the Transport Corridor Europe Caucasus Asia (TRACECA) international project has been actively supported by the European Union since 1993. The goal is to upgrade the corridor, which runs between Europe and Central Asia via the Black Sea, Caucasus and Caspian Sea.

At the hub of trans-European networks

With its freight subsidiary Rail Cargo Group, ÖBB also sees the trans-Siberian corridor as being of vital significance. Austria, specifically the geographically well-situated Greater Vienna urban area, has the potential to grow into a major logistics hub for traffic to and from Russia and the Asian route. The next big step in making this a reality will come in 2016, when the Inzersdorf freight terminal opens. In future, the Vienna South Freight Terminal will act as a freight hub, bolstering routes to southern Europe by offering modern, intermodal freight services.