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GE, Volvo have new options as Finland-India multimodal route arrives

Cons. Discr. - Autos 1114 Finland 6 Health Care 343 India 466 Industrials - Capital Goods 559 Materials - Metals/Mining 708 Materials - Packaging 44 Mode - Rail 103 Norway 3 Sweden 17

A new multimodal rail-and-sea shipping service has been initiated between Finland and India. That comes amid a wider trend for shipping between Asia, particularly China, and Europe by rail to avoid the recent travails faced by the ocean freight industry. Other benefits include enhanced transit times. Indian imports from Finland, Sweden and Norway climbed 80.1% year over year in April and by 7.6% compared to 2019. The expansion was led by shipments associated with capital goods maker Sandvik, which climbed 118.7% in April versus 2019, while shipments linked to paper maker UPM-Kymmene have...

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