Waste caused by poor infrastructure is thought to cost India around $45 billion per year, or 4.3 percent of GDP, according to McKinsey & Company.
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.
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.