Development strategy of rail freight transportation under financial crisis

The American subprime mortgage crisis began to appear in 2007. As the crisis broke out, China has been affected. Chinese Railway has been among the industries to be influenced most by the spreading subprime mortgage crisis. Facing the financial crisis, Chinese government released expanding domestic demand policy which put strengthening the railway construction in the first place. Thus, railway transportation will be faced up to opportunities and challenges. Under the circumstances, the paper analyzes the present situation of railway freight transport. The SWOT analysis has been adopted to analyze the developing trend of the railway freight transport. Based on the result, freight transport development strategy has been made about railway line capacity, freight facilities, freight operating layout, freight process optimization and freight transport dispatching. A case study of Chengdu Railway Bureau has been analyzed.