On April 17, the Board of Directors of JSC TransContainer will discuss the company’s participation in a tender for the right to acquire a block of shares in ZSSK Cargo Intermodal a.s, TransContainer informed. The Board of Directors will also hear the CEO’s report on the company’s operating results in
Posts From Evghenii Gruntov
The gap between the countries that perform best and worst in trade logistics is still quite large, despite a slow convergence since 2007, according to a new World Bank Group Logistics Performance Index (LPI) Report 2014. This gap persists because of the complexity of logistics-related reforms and investment in developing
The World Bank (WB) will provide the State Stock Railway Company Uzbekistan Railways with a loan of $200 million for construction of a railway line through Kamchik pass in east of the country. The Bank together with the Uzbek government started in March preparation of a project documentation for the
The continued threat of economic boycotts targeting Israel hasn’t deterred China from forging ahead with a new freight rail link through Israel. The planned link could provide an alternative to the Suez Canal. The project would connect the 300-plus kilometers between Eilat on the Red Sea and Ashdod Port on
Russian Railways sold 25% of AeroExpress to TransGroup AS Ltd
Russian Railways (RZD) sold 25% of OOO AeroExpress to TransGroup AS on the 6th of March, informs Itar – Tass. Following the transaction, “Delta-Trans-Invest” (part of “TransGroup AS”) has increased its stake in “Aeroexpress” to 50%. Russia’s Federal Antimonopoly Service has cleared Delta-Trans-Invest for this transaction in September 2013. RZD acquired
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ADIF and Moscow State University of Railway Engineering (MIIT) sign cooperation agreement in the field of training
ADIF and Moscow State University of Railway Engineering (MIIT) signed a five year cooperation agreement for training managers and specialist staff of RZD (Russian Railways), continuing the partnership signed by in 2008. Both parties consider necessary to maintain their cooperation in this field, taking into account ADIF’s experience in the rail sector and profitable
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Swiss Railways: Over a million customers a day for the first time and freight services move into the black
In a challenging year, Swiss Federal Railways (SBB) carried more than a million customers a day for the first time ever. The increase can be attributed primarily to improved services. For the first time in over 40 years, and thanks to its consistent focus on the strengths of rail freight,
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United Wagon Company (UWC) signs joint venture agreement with Timken
The Timken Company has entered into an agreement with United Wagon Company to establish a joint venture (JV) to manufacture Timken® AP-2™ rail bearings in Russia. The JV will advance the safety, reliability and efficiency of the local rail industry, equipping customers’ freight cars with premium Timken bearings. The JV
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Estonian railway passenger operator Elron transported over 390 000 passengers in February, 40% more than the same month last year, while ticket revenues totaled EUR 640,000 euros, which is 45% more than the same month in 2013. “Elron’s February results were very good and exceeded expectations,” said Elron Chairman of the Board, Andrus Ossip. “On almost all
Deutsche Bahn today ordered 29 TALENT 2 multiple units from Bombardier Transportation for the S-Bahn Mitteldeutschland commuter rail service in central Germany. The contract between the Deutsche Bahn subsidiary DB Regio and Bombardier is valued at approximately 146 million euro ($203 million US). The order marks the 13th call-off from a framework
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Business Intelligence
- EUR 130 million loan for the development of Croatian Railways 0
- Two possible routes for Moscow-Beijing high speed railway 0
- EUR 293 m of regional funds for sustainable transport for the cities of Warsaw, Łódź, Szczecin and Poznań 0
- Vossloh España sells twelve EURO 4000 locomotives to operate in France 0
- Uzbekistan Railways to increase investments in 2015 0
- St. Peteresburg Metro first in Russia to launch contactless payment at turnstiles 0
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