Europe

Europe

28 Aug 2015
ST. PETERSBURG — The Russian government said it’s cracking down on port and customs corruption by dismissing several St.
17 Aug 2015
Russia plans to double the traffic at its Far East ports by 2020-2022 via port modernizations and targeting trade with Asia to counterbalance the effects of tit-for-tat sanctions between Russia and the West.
14 Aug 2015
The Asia-Europe trade was carrier enemy number one this week as two of the world’s most profitable container lines blamed weaker revenues on the chronically underperforming route, and spot rates duly responded by tumbling a further 23 percent this week.
13 Aug 2015
Shippers looking to use rail between Europe and China have another option to consider as companies continue to
13 Aug 2015
One of the largest Russian investment holdings is betting that it can lure cargo from Southeast Asia away from Northern European ports through a planned Taman seaport — even after government backing faded.
12 Aug 2015
Finnish crane manufacturer Konecranes is joining forces with its bigger U.S. rival Terex Corp. in an all-share merger to create a $10 billion-a-year group that can better respond to stiffer competition from Chinese manufacturers and slowing European and North American demand.
12 Aug 2015
The Italian government plans to sell up to 40 percent of the state-owned postal company Poste Italiane in an initial public offering in October.
11 Aug 2015
Russia plans to increase container volume through the Baltic Sea via the opening of a Bronka seaport and CMA CGM weekly services set to begin calling the port in September.
11 Aug 2015
London Heathrow’s cargo traffic decreased by 5.4 percent in July from a year ago but the airport urged the government to approve an expansion of the airport to keep pace with growing trade with emerging markets.
11 Aug 2015
UPS plans to build a parcel distribution center adjoining London Gateway in a major boost to the container port’s bid to become one of Europe’s biggest logistics hubs.
07 Aug 2015
APM Terminals has acquired the Vado Ligure Reefer Terminal alongside its Vado container port on Italy’s North West coast which is due to open in 2018.