The escalating political and economic crisis in Turkey, sparked by bribery and corruption investigations that have forced three cabinet ministers to step down, threatens to undermine the nation’s ambitious bid to become a global logistics hub.
News & Analysis
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.
24 Nov 2015
The government of Italy has unveiled plans to partially privatize the state rail operator, Ferrovie dello Stato, in 2016.
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.
23 Oct 2015
A planned $350 million container hub serving Moscow is aimed at handling increased cargo flows, reducing urban congestion and speeding distribution into central Russia.
22 Oct 2015
The number of freight trains using the tunnel between the U.K. and France declined by 33 percent in the third quarter largely due to the migrant crisis at the port of Calais.
20 Oct 2015
Russian railway monopoly RZD is working to stop the flow of containerized cargo to other modes of transportation.
08 Oct 2015
Russian containerized rail companies are cutting their fleets this year and plan to do the same next year, as the country’s trade suffers from Western sanctions and the low price of oil.
02 Oct 2015
Some ocean carriers are exploring a rail route through Honduras to move containers from Asia to the North American East Coast, a Federal Maritime Commissioner said at a Port of New York-New Jersey Port Industry Day forum.
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.