Fiscal year 2015-16 earnings tumbled at India’s largest port-based logistics provider, Gateway Distriparks Ltd.
26 Apr 2016
Intermodal logistics giant Container Corporation of India is moving heavily into privately operated Krishnapatnam Port, lured by new mainline service additions and strong volume gains at the minor, alternative cargo gateway on India’s east coast.
15 Apr 2016
Container Corporation of India this week lifted its port congestion surcharge on containerized freight railed to inland distribution points after its parent company Indian Railways canceled the decree that created the fee.
05 Apr 2016
Shippers moving their goods through Moscow could see their transportation costs rise 15 to 20 percent through a new ban on containerized cargo transiting through the Russian capital.
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.
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.
22 Mar 2016
APM Terminals Pipavav, or Gujarat Pipavav Port, on Tuesday celebrated the arrival of its first double-stack freight train from Container Corporation of India’s newly-opened “multimodal logistics park” at Kathuwas in the northern state of Rajasthan.
22 Mar 2016
Jawaharlal Nehru Port Trust has extended a previously-announced scheme allowing concessions on handling charges for rail containers until further notice, as India’s busiest container handler tries to lure shippers away from trucks to ease congestion in the harbor.
17 Mar 2016
Russia and China have signed an agreement to build a $300 million bridge over the Amur river to link the Russian border city of Blagoveshchensk with Heihe, China, paving the way for truck and containerized rail on the corridor.
16 Mar 2016
Chennai Port Trust in coordination with Container Corporation of India has announced a new trade incentive scheme for rail containers in an attempt to lure shippers away from trucks and in turn alleviate congestion in the harbor.
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