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
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.
28 Jan 2016
Mediterranean Shipping Co. has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway.
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.
26 Jan 2016
La Spezia Container Terminal in Italy saw its Asia focus continuing to pay off in 2015, with container volume rising 8 percent year-over-year and helping take its parent Contship Italia Group to a throughput of 6.3 million 20-foot-equivalent units for the year.
23 Jan 2016
With the largest mega-ships now carrying up to 19,000 twenty-foot-equivalent units, modern ports need the capability to transport huge volumes of containers in a short period of time to beat congestion and keep shipments moving. This puts strain on existing rail links and increases demand for multiple rail connections and operators to service ports’ hinterland.
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.
20 Jan 2016
With China’s slowing economy casting shadows across the global maritime and trade sector, news this week of multiple investments in African port and supply chain infrastructure points to one place where industry leaders are clearly turning for growth opportunities.
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.