In cooperation with the Chinese government, Russian port logistics company Summa Group plans to complete a $100 million expansion of the Russian port of Zarubino in 2018, offering shippers better access to and from Northeast Asia.
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.
28 Mar 2014
HHLA, the port of Hamburg’s largest container handler, warned the crisis in Ukraine threatens to slow its important Russian feeder traffic and impact this year’s financial performance.
17 Mar 2014
Global Ports, Russia’s biggest container terminal operator, boosted profit by 6 percent in 2013, even as revenue declined due to lower oil exports.
04 Mar 2014
Summa, the Russian energy and transport conglomerate, confirmed its plans to build a container terminal in Ukraine when tensions between Moscow and Kiev ease.