Track to “Titanium Valley” under construction
Russian Railways (RZD) has started the construction of railway infrastructure to support the “Titanium Valley” special economic zone in Sverdlovsk Oblast in the Russian Urals federal district. The building and installation works have been organised simultaneously at two... more
HMM also scores
Like the other big carriers, HMM took advantage of the cargo boom in the pandemic year of 2020. The South Korean group, formerly known as Hyundai Merchant Marine, was able to achieve an operating profit in 2020 of USD 831.1 million, a rise of more than USD 1 billion compared to... more
45 new projects to generate 800 new jobs
Genesee & Wyoming’ (G&W) has announced its 2020 US industrial development results, with 45 new projects representing USD 1.6 billion in customer investments expected to generate more than 800 new jobs in communities served by G&W’s freight railroads. Highlights... more
VW following in BMW’s tracks
Johor is an attractive region for German vehicle makers to do business. Four years ago BMW entered the scene; now Volkswagen has followed suit and set up a distribution centre in Malaysia’s southern-most state. It will serve 21 national markets from there. more
Python train serves North India’s industries
CMA CGM has launched a Python train service in India, running along the western dedicated freight corridor. The two double stack ‘ship-to-rail’ dedicated trains will join at New Kishangarh junction for their onward journey to New Ateli junction and will again split up for the... more
Masks to Graz
The demand for high-quality medical products - currently mainly FFP2 masks and rapid antigen tests - continues to grow significantly throughout Europe due to the new regulations. To meet this demand, the Diwa Medical Group, in cooperation with Belenos and Quehenberger... more
Hapag Lloyd turns mega
It’s no mean feat: carrier Hapag-Lloyd is breaking new ground in financing by securing USD 889 million in loans for its next projects. The Hamburg-based shipping company was able to conclude two debut transactions according to the Green Loan Principles of the Loan Market... more
Bonsais to Brooklyn
Only few days before the Chinese New Year, US Customs and Border Protection (CBP) officers in Cincinnati were inspecting incoming freight from Shenzhen when they found a shipment full of live plants. Agriculture specialists unpacked 21 small trees, likely intended to become... more
Regular car-trains from Chongqing to Moscow
Russian transport company Fesco has sent the first container loaded with cars from Chongqing (China) to the Bely Rast Terminal and Logistics Centre near Moscow (Russia) via Mongolia. The route goes through the Chinese-Mongolian-Russian border checkpoints of... more
First direct cargo link between Baku and Tokyo
Two months after celebrating the third anniversary of its operations to Osaka, Silk Way West Airlines is starting another service to Japan, with twice-weekly flights between Baku and Tokyo NRT, taking off today, 11 February 2021. Based on an agreement signed between Silk Way... more