The fine against each company could reach 9-10 billion rubles ($150-170 million).
07 Dec 2016
Global container lines found guilty of cartel practices in the Russian market are seeking a settlement with Russian authorities in an attempt to avoid multi-million dollar fines.
05 Dec 2016
Russian and global transport companies are in a heated fight for control of Novorossiysk Commercial Sea Port, Russia’s largest stevedore company.
01 Dec 2016
Cargo liability concerns in Russia have been raised by insurer TT Club as trade volumes in the region increase.
30 Nov 2016
Fesco’s revenue and profit is still collapsing.
29 Nov 2016
Russia’s competition authorities are weighing punishments for road and rail operators found guilty of anticompetitive practices.
28 Nov 2016
Russia’s leading shippers and transport companies are petitioning the government to drastically reduce the customs paperwork needed for imports and exports.
23 Nov 2016
A Cathay Pacific flight was forced to land in the Russian city of Novosibirsk after a fire alarm indicated a fire in the cargo hold.
15 Nov 2016
Shippers have generally welcomed the new approach.
10 Nov 2016
Russian auto and railway carriers will soon adopt a new contracting system meant to provide shippers with long-term pricing certainty and increase infrastructure investment, but some shippers are concerned about the new system.
08 Nov 2016
The Russian government’s decision to subsidize imports from China arriving via rail will cut costs and result in faster transit times.