Russia’s container trade continues to rebound, sparking an intense competition between truckers and railroads.
15 Mar 2016
The Russian government is preparing to launch the first of two new transportation corridors linking Russia’s Far East ports with China’s northeast provinces by taking steps intended to cut transportation costs by 15 percent.
15 Mar 2016
Allcargo Logistics Ltd., looking to tap into rapidly growing logistics demand in India, on Tuesday unveiled a plan to construct a new “logistics park” at Jhajjar in the northern state of Haryana.
14 Mar 2016
Rail freight transport from Kattupalli Port is gaining speed as state-owned intermodal logistics operator Container Corporation of India introduced a new, regular train service from Kattupalli to Bangalore, a major southern inland point, via Concor’s Tondiarpet Inland Container Depot on the outskirts of Chennai, port operator Adani Ports and Special Economic Zone said in a trade announcement.
04 Mar 2016
Two more rail services carrying cargo overland from Chinese cities to Iran and Russia were launched in February.
01 Mar 2016
Indian Railways is looking to expand its freight reach as sluggish global demand and infrastructure challenges weigh heavily on the public enterprise’s growth plans.
19 Feb 2016
The transit time for containers between Russia and India will be reduced by half thanks to a recent agreement between the countries to launch a new multimodal container route.
17 Feb 2016
Privately operated Adani Hazira Port announced state-owned rail operator Container Corporation of India has begun operating a regular train service connecting the terminal with Pithampur, a busy inland destination in the central region, increasing hinterland shippers’ access to the minor, alternative gateway.
04 Feb 2016
The Indian federal government on Wednesday approved a proposal allowing the Ministry of Railways to set up joint ventures with various state government agencies for the development of rail infrastructure projects in the country.
01 Feb 2016
Container Corporation of India, a state-owned intermodal rail operator, is set to jump into the shipping game as a non-vessel operating common carrier as part of a wider effort to diversify its business.
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
The downturn in global trade coupled with rising operating costs to pull down third fiscal-quarter profits at state-owned intermodal rail operator Container Corporation of India.