Shippers are pessimistic that the situation will improve any time soon.
04 Apr 2016
Russia’s leading stevedoring companies have voiced their disdain for proposed initiatives of the Russian Federal Customs Service and some state officials to curb the powers of customs offices to service import-export cargo in the Big Port of St. Petersburg, Russia’s largest container port.
04 Apr 2016
TransContainer, Russia’s leading containerized rail operator, plans to make more investments in its network after posting a 22.6 percent year-over-year decline in net profit to 2.8 billion rubles ($60 million) even as revenue increased 16.2 percent to 42.5 billion rubles.
01 Apr 2016
Since the beginning of this year volumes across Russia’s shipping industry have begun to show signs of recovery after a dismal 2015 in which Western sanctions and the low price of oil devastated the country’s transportation firms.
01 Apr 2016
Russian railway monopoly RZD is offering significant discounts to shippers in a bid to remain competitive with over-the-road trucking, which carries the largest share of Russia’s cargo volumes.
31 Mar 2016
The newly built Bronka seaport plans to end Big Port St. Petersburg’s and Ust-Luga’s dominance of Russia’s Baltic Basin through a flexible pricing policy.
30 Mar 2016
The significant decline in Russia’s container traffic as a result of sanctions and an ongoing economic crisis is transforming not only the routes that cargo in Russia takes, but also the underlying dynamics of the country’s shipping business.
28 Mar 2016
Moscow’s share of overland transshipment traffic fell to 35 percent in 2015 from its typical figure of 75 percent, according to Russia’s Ministry of Transport, as the country’s overland logistics network reorients itself away from the country’s capital toward China and the Asia Pacific.
26 Mar 2016
Waberer's International increased revenue to 522.5 million euros last year, but Europe's refugee crisis, coupled with a Russian embargo, made moving truckloads across borders more difficult.
24 Mar 2016
NUTEP, a container terminal in the Novorossiysk seaport, will double its container capacity in the coming years through the building of a new modern berth for mega-ships with capacities of 10,000 twenty-foot-equivalent units, according to Alex Papusha, NUTEP’s director of operations.
21 Mar 2016
DP World has reached an agreement to acquire a 49 percent stake in the NUTEP terminal in Russia’s port of Novorossiysk with the Delo Group of Companies, one of the country’s largest transport groups.