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.
02 Oct 2015
While containerized rail traffic between Russia and Asia Pacific states is down 20 percent year-over-year in the first seven months of 2015, a closer look at the data reveals an upward trend is taking holding.
09 Sep 2015
Russian rail monopoly RZD and the operator of the Yingkou port are looking to create a logistics center in Moscow and a logistics park at the northern Chinese port.
25 Aug 2015
China and Kazakhstan are working to more than double containerized rail traffic bound for Europe via the launch of the Trans-Caspian international transport route connecting China, Kazakhstan, Azerbaijan, Georgia and Turkey.
04 Aug 2015
Shippers moving containerized cargo between China and Central Europe and Central Asia can soon tap a new transport corridor connecting China, Kazakhstan and Azerbaijan via rail and a new seaport in the Azeri capital of Baku.
23 Jul 2015
The combined impact of rising operating costs and sluggish domestic intermodal volume growth amid intense competition from private rail operators drove state-owned Container Corporation of India’s first quarter net profit down 26.5 percent year-over-year to approximately $32.5 million.
13 Jul 2015
Gateway Distriparks Ltd., India’s leading port-based logistics provider, has received government approvals for the construction of a new inland container depot facility at Viramgam, near Ahmedabad in Gujarat State, allowing hinterland shippers improved rail access to the country’s western gateway ports.
02 Jul 2015
India’s transportation infrastructure upgrade program got another push with the World Bank approving the release of $650 million, the third tranche of a long–term program to help build up New Delhi’s much-delayed, eastern, dedicated freight corridor project.
29 May 2015
State-owned rail operator Container Corporation of India reported an 11.5 percent increase in consolidated net earnings in fiscal year 2014-15, which ended March 31, on the back of strong volume gains from its core international freight hauling activity.
28 May 2015
Civil unrest in parts of India is causing rail freight traffic chaos in the country’s busiest northern corridor linking hinterland points around Delhi and major gateway ports on the west coast, including the largest port of Nhava Sheva.