Europe

Europe

26 Dec 2014
China, Serbia and Hungary have signed a memorandum of understanding to build a new 230-mile rail link between Belgrade and Budapest with construction work expected to start by the middle of next year.
23 Dec 2014
United Parcel Service has agreed to the acquisition of Polish pharmaceutical logistics firm Poltraf from Poland-based investment fund Ortie Capital Investment.
22 Dec 2014
Bunker prices sank an additional 8 percent last week, as a six month spiral has now led to a 50 percent decline in fuel prices.
22 Dec 2014
The port of Rotterdam and Europe Container Terminals, its biggest container handler, have buried the hatchet over a bitter three year dispute over the award of terminal concessions in Europe’s top box hub.
22 Dec 2014
Wilhelmshaven hailed its success in landing a third 2M service as a sign of ocean carriers’ growing interest in Germany’s only deep water port that is virtually empty more than two years after opening.
19 Dec 2014
Concluding the final stage in its merger with Hapag-Lloyd, CSAV injected 259 million euros ($317 million) into the combined company and in doing so increased its shareholding to 34 percent in what is now the world’s fourth largest container line.
17 Dec 2014
The launch of the 2M and 03 alliances in the New Year will boost capacity on the Far East-Mediterranean route by about 19 percent, triggering a battle for market share that could result in fresh rate reductions, according to Alphaliner.
16 Dec 2014
The German government has drawn up a draft law to curb the power of small but powerful niche labour unions than have mounted frequent strikes, mainly in the transport sector, paralyzing the nation’s economy throughout this year.
15 Dec 2014
Belgium is cut off from the rest of the world today as a nationwide 24-hour strike against the government’s austerity p
12 Dec 2014
The German inland port of Duisburg is projecting to handle a record 3.4 million TEUs this year via water, rail
12 Dec 2014
The port of Antwerp faces a total shutdown on Monday as dockers and other waterfront workers join a 24-hour nationwide strike that will also paralyze rail freight and air cargo traffic across Belgium.