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.
21 Jan 2016
International Container Transshipment Terminal, or Vallarpadam, at India’s Port of Cochin expanded its intermodal freight access earlier this week when state-owned Container Corp. of India introduced a weekly train service connecting the DP World facility with Coimbatore, a major southern India inland point.
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.
31 Dec 2015
Containerized cargo passing through Kazakhstan between Asia and Europe is on track to hit 1.7 million 20-foot equivalent units annually by 2020 after volume through the key hub rocketed 34 percent year-over-year to roughly 47,000 TEUs in 2014, according to the national rail operator.
29 Dec 2015
In an attempt to cope with expected volume growth and improve productivity, Jawaharlal Nehru Port Trust, India’s largest public container handler, has embarked on a plan to build an inland port at Jalna, about 225 miles from the Nhava Sheva harbor.
15 Dec 2015
Volumes of containerized cargo travelling between China and Europe by rail are growing as operators increase frequencies and state organizations along the route lend their weight to the development of new services.
01 Dec 2015
Russia and China plan to spend $3 billion to build two rail corridors aimed at encouraging the movement of containerized freight from the northeastern provinces of China to Russia’s Far-East ports.
23 Nov 2015
A new dry port with a capacity of 900,000 twenty-foot-equivalent units will be built in the territory of the Nadezhdinskaya special economic zone in Russia’s Far East Primorye Territory to cope with growing volume.
17 Nov 2015
The importance of the Trans-Siberian Railway, or Transsib, as a container route from Asia to Europe is steadily growing, despite the decline in volume this year, according to Oleg Belozerov, president of Russia’s railway monopoly, RZD.