As the frequency of Asia-Europe rail services increases costs will gradually fall, encouraging more shippers to turn to intermodal options to avoid the high cost of air freight and the slow steaming transit times available from lines, one leading logistics executive believes.
23 Sep 2013
Russia’s Global Ports reported its first-half net income fell 25.9 percent from a year ago to $53.7 million on stagnant container traffic and lower oil products shipments.
16 Sep 2013
Maersk Line has upgraded its Europe-Middle East 3 (ME3) Service linking India, the Middle East and Europe by adding a direct call at Novorossiysk, Russia, effective this month.
02 Sep 2013
Global Ports, Russia’s biggest port company, on Monday announced the acquisition of second-ranked domestic operator Natio
29 Aug 2013
Global Container Services has won two automotive supply chain contracts linked to growing demand for cars from Russia’s middle classes.
14 Aug 2013
AirBridgeCargo Airlines has transported 16 metric tons of satellite equipment on one of its Boeing 747-400 freighters from Toulouse, France, to Krasnoyarsk, Russia.
14 Aug 2013
China has begun its first commercial transit of the Northeast Passage, with the Yong Sheng, a 19,000-ton multipurpose cargo ship, heading for Russia’s Arctic waterway en route from Dalian to Rotterdam.
12 Aug 2013
June was the best month of the year so far for U.S. beef and pork exports, according to statistics released by the U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation.
05 Aug 2013
Russia’s Commercial Port of Vladivostok handled 47,900 cars, trucks and heavy duty vehicles in the first half of 2013, increasing 23.5 percent compared with the same period in 2012.
25 Jul 2013
Effective Aug. 1, Maersk Line will boost rates on its trade from South Africa to the Middle East and Indian subcontinent by $100 per 20-foot container.
19 Jul 2013
The Shanghai Export Air Freight Index, as reported by Drewry, fell in June, dropping roughly 7 percent year-over-year. This followed months of double-digit declines.