The digital innovation “will give rise to a new generation of freight trains.”
18 Apr 2016
In a major surprise, China’s Cosco has decided not to submit a bid to acquire Greece’s state-owned railway.
15 Apr 2016
China’s Cosco, Russian Railways and Italy’s state-owned railway, Trenitalia, are expected to submit initial bids for Greece’s national rail operator by today’s deadline.
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.
29 Mar 2016
The government of Ukraine is struggling to replace transshipment container traffic that has been lost to the country’s ongoing economic crisis caused by its civil war and Russian sanctions.
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
The movement of people and goods in and around Brussels ground to a halt Tuesday after a series of terror attacks rocked the Belgian capital. Brussels Airport has been shut down, all flights in and out cancelled, and public transportation throughout the city has been put on lockdown, sparking wide reports of gridlock.
22 Mar 2016
Deutsche Bahn’s troubled domestic freight business played a key role in pushing Germany’s state-owned rail company into the red for the first time in twelve years.
21 Mar 2016
Greece has delayed the March 21deadline for initial bids for state-owned freight and passenger rail company Trainose.