Global Ports, Russia’s largest container terminal operator, sank into the red in 2014 as the slumping ruble reduced imports and increased financing costs.
02 Jul 2014
NUTEP, a container terminal at the Black Sea port of Novorossiysk, Russia, has plans to begin construction on a new pier this fall.
02 Jun 2014
Fesco Transportation Group’s revenue and earnings declined in the first quarter.
21 May 2014
APM Terminals boosted first quarter operating profit to $215 million from $166 million a year ago as it added new terminals to a worldwide portfolio that is increasingly focused on growth markets.
13 May 2014
In 1988, when the Berlin Wall was still standing and Russia was still a part of the Soviet Union, McDonald’s opened its first restaurant in Moscow. The first of the chain’s restaurants to open inside a communist country, it drew crowds and global attention. Today, McDonald’s has 35,000 restaurants in more than 100 nations.
12 May 2014
A new fixed-day, weekly container rail service links Moscow to the Far East of Russia, and Ruscon, the operator, plans to dispatch more container trains between central and eastern Russia in the “near future.”
05 May 2014
Amazon has entered the French market with new investment in a parcel delivery company, another sign the e-commerce giant wants to take greater control of last-mile shipping to customers.
01 May 2014
AirBridgeCargo Airlines, Russia’s largest all-cargo carrier, posted its strongest-ever quarter, with traffic growing 9 pe
21 Apr 2014
The Russian invasion of the Ukrainian province of Crimea is shining a spotlight on the economic vulnerability of its smaller neighbor.
07 Apr 2014
Gefco, the global auto logistics group, posted record revenue of €4 billion ($5.5 billion) in 2013 and said it plans to double sales by 2020 by spreading its geographical footprint and moving into new industrial sectors.
01 Apr 2014
Logistics firm DHL has signed a new agreement to provide rail freight services between China and Europe via a strategic partnership with United Transport and Logistics Company, a joint venture between OJSC Russian Railways, JSC National Company Kazakhstan Temir Zholy and state-owned Belarusian Railway.