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.
16 Apr 2013
The Federal Enterprise Rosmorport and companies of NCSP Group operating at the Port of Novorossiysk in Russia have signed a deal to...
11 Apr 2013
Eurogate, Europe’s largest container stevedore, saw profit shrink 30 percent in 2012 due to start-up costs for Germany’s first deep-sea terminal in the port of Wilhelmshaven and lower investment income.
09 Apr 2013
Russian Railways, Siemens and Sinara Group have entered into a collaboration deal on producing locomotives.
08 Apr 2013
Russian Railways, Tatravagonka and TransContainer have signed an agreement to cooperate on the scientific and technical development, manufacturing and testing of high-speed platforms mounted on die-welded bogies.
26 Mar 2013
Globaltrans’ revenue surged 22 percent in 2012, but profit dipped 2 percent as the Russian rail freight operator sharply increased borrowing to finance acquisitions that boosted its share of the fast-growing domestic cargo market.
25 Mar 2013
Hapag-Lloyd will launch its new Finland Express Service in April, directly connecting German hubs with ports in the Gulf of Finland and the Gulf of Bothnia in the Baltic Sea.
19 Mar 2013
The U.S. Chamber of Commerce has applauded a new framework developed by the U.S. and Russia to promote bilateral trade and investment.
19 Mar 2013
Containerships will implement a new sailing schedule on April 8, including several adjustments.
18 Mar 2013
Global Ports’ net profit for 2012 fell 16 percent from a year ago and revenue stalled even as the Russian group boosted container traffic by 8 percent to consolidate its near 30 percent share of the domestic market.
11 Mar 2013
AirBridgeCargo Airlines has added a third weekly service between Moscow and Milan to handle rising Asian cargo flows.