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
25 Mar 2015
China’s manufacturing shift inland and rising domestic consumption has created a surge in demand for intermodal rail services unable to be fulfilled because of supply side constraints, according to a just-released World Bank report.
19 Mar 2015
China is steadily adding to the rail network linking the mainland with central Asia and Europe, with a large portion of the $130 billion rail development budget for 2014 spent on improving connections in central and western parts of the country.
11 Mar 2015
Forwarders are reporting a steady rise in shipper enquiries into the China-Europe rail route from higher value shippers looking for an alternative to expensive and often unreliable air freight and the lengthy ocean shipping.
04 Mar 2015
Anticipating significant growth in freight traffic, the government of India will allow state-owned Railways to create a new arm to provide end-to-end logistics solutions.
26 Feb 2015
China’s train to Spain arrived in the city of Yiwu this week after completing the world’s longest rail route, and while the journey has been billed as a “success” by its operator, there is little information on the actual economics of the rail option to Europe.
25 Feb 2015
Genesse & Wyoming has agreed to acquire 95 percent of the shares of Freightliner, the UK’s second largest rail freight company, in a £490 million ($760 million) deal that significantly expands the US rail operator’s European footprint.
20 Feb 2015
State-owned intermodal operator Container Corporation of India said it has helped clear out the backlog of import containers destined for Ludhiana that had stacked up at major ports on the west coast over the past few months.
11 Feb 2015
A strategic partnership between UTi Worldwide and Changjiu Logistics, the largest independent automotive logistics company in China, will be making good use of the growing rail services linking China and Europe.
02 Feb 2015
The world’s longest rail freight service — between China and Spain — has been put on hold because it hasn’t attracted cargo for its maiden return journey from Madrid.
21 Jan 2015
The China-financed Mombasa-Nairobi rail link that is under construction is facing competition from Africa’s largest private equity firm that has invested $70 million in a competing rail connection that will also link the two cities.