The fee will further drive up surface transportation costs in Russia, where trucking rates are also set to jump.
08 Feb 2016
Russia’s First Deputy Prime Minister Igor Shuvalov has issued an order to the Russian Federal Customs Service to significantly streamline customs clearance procedures with the aim of speeding cargo handling at Russia’s borders and seaports.
03 Feb 2016
The precipitous drop in Russia’s container traffic last year due to its slowing economy and Western sanctions has created a shortage of containers estimated at 400,000 for Moscow shipping companies, and it could continue to grow.
01 Feb 2016
Shippers moving goods between the EU and Russia are poised to see their trucking costs rise because of the expiration of an agreement that allowed Polish freight operators to haul cargo to Russia.
29 Jan 2016
China may subsidize up to 50 percent of the containerized rail traffic between it and Russia, according to recent statements from Sergei Kopiev, chairman of Yuzhno Uralsky, one of Russia’s largest transport and logistics operators.
27 Jan 2016
Russia’s imports may increase significantly this year because of further devaluation of the ruble, making Russian goods more competitive in the global market, according to recent statements from the Russian Association of Commercial Seaports and analysts of the Russian Ministry of Transport.
21 Jan 2016
The rate of container cargo traffic decline at Russian seaports is slowing but still remains high, with volume plummeting by 25.1 percent in the fourth quarter, according to the Russian Association of Commercial Seaports.
21 Jan 2016
DP World and the Russian Direct Investment Fund today announced the launch of a joint venture that will target investments in ports, transportation and logistics infrastructure in Russia.
20 Jan 2016
Russian intermodal container operator Ruscon posted a traffic increase in the third-quarter of 2015 because of new services, more shipments of refrigerated cargo and new customers.
19 Jan 2016
Chinese investors aren’t scaling back on freight projects in Russia even though both countries’ economies are suffering, according to Russia’s minister of Far East development.
14 Jan 2016
Maersk Line said it will appeal Russia’s ruling that the container line violated anti-competitive laws, saying that the publishing of general rate increases is legal and key to informing customers.