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
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.
01 Oct 2015
German port operator Eurogate has acquired a 16.67 percent interest in Contrail Logistica, a Brazilian provider of intermodal transport solutions in the hinterland of Santos.
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.
03 Sep 2015
FESCO, one of Russia’s largest privately-owned transportation and logistics companies, posted significant declines in container volumes in the first half but believes that its future is bright.
02 Sep 2015
Transcontainer, Russia’s leading intermodal freight transporter, saw its revenue plummet 64 percent in the first half to $15 million, compared to $41.4 million in the first-half of 2014, as the decline in Russian trade makes itself felt in companies’ bottom lines.
27 Aug 2015
Russian railway monopoly RZD plans to build a $30 million inland hub aimed at reducing congestion at the nearby St. Petersburg port and handling transshipped cargo from the country’s largest container gateway.
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.
13 Aug 2015
Shippers looking to use rail between Europe and China have another option to consider as companies continue to
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.