All Eurasian freight articles
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News
Joint venture to expand Uzbek rail freight terminals
UZBEKISTAN: Rhenus Group and the Uztemiryulkonteyner subsidiary of national railway UTY have signed a memorandum of co-operation to establish two joint ventures to operate and expand road-rail transshipment terminals in Andijon and Samarkand. They also agreed to take strategic measures to expand capacity and increase rail ...
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Middle Corridor joint venture to co-ordinate China – Europe rail freight
INTERNATIONAL: The national railways of Kazakhstan, Georgia and Azerbaijan have formed an equally-owned joint venture to develop multimodal services on the Trans-Caspian International Transport Route between China and Europe. The agreement to create Middle Corridor Multimodal Ltd was signed at the Silk Road forum in Tblisi ...
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Turkic states meet to promote Middle Corridor
ASIA: The Organization of Turkic States is assessing the potential for increasing Eurasian rail freight traffic and boosting the Middle Corridor transit route.
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Railway planned as part of India – Middle East – Europe Economic Corridor
ASIA: Ambitions to develop an India – Middle East – Europe economic corridor with sea transport from India to the Gulf region and a railway linking Middle Eastern countries with each other and to Europe were announced at the G20 summit in New Delhi. IMEC is ...
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Georgian freight terminal to support Trans-Caspian International Transport Route
GEORGIA: Kazakhstan-based logistics group PTC Holding has begun construction of a multimodal freight terminal at the Black Sea port of Poti to support growing traffic on the Trans-Caspian International Transport Route between China and Europe. PTC said the war in Ukraine had seriously affected global logistics, ...
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Trans-Caspian International Transport Route joint venture formed
ASIA: International port and freight terminal operator PSA International and Kazakhstan’s national railway KTZ have agreed to form a joint venture to develop services on the Trans-Caspian International Transport Route from China and southeast Asia to Europe. Plans for the KPMC joint venture include the organisation ...
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China – Europe rail freight hub opens in Shenyang
CHINA: China Railway Express has launched a hub for China – Europe rail freight services at the Shenyang Puhe logistics site. An inaugural train with 55 containers of products including car parts, electrical and mechanical products and medical equipment left the hub on March 4. ...
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In depth
Nurminen sees opportunities for growth following acquisition of Operail Finland
FINLAND: Nurminen Logistics says its purchase of Estonian national freight operator Operail’s Finnish business has attracted great interest from its customers in Finland, central Europe and China. Nurminen announced the completion of the transaction on February 14, saying it was now a full-service rail freight operator ...
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Finnish dry port opens
FINLAND: The Kouvola Rail & Road Terminal has been completed, roughly equidistant from the Russian border and the port of Helsinki and near to the ports of Hamina and Kotka. The terminal has been developed by the city of Kouvola, which says it is Finland’s first ...
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Operail sells more wagons from its lease fleet
ESTONIA: National freight operator Operail has sold a further 807 wagons from its lease fleet for €22·1m as part of a programme of divestment of non-core assets. More than 40 companies were invited to participate and 20 tenders were submitted. After what Operail said was a ...
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Eurasian freight hub under construction in Toshkent
UZBEKISTAN: Construction of a multimodal terminal to handle Eurasian freight traffic near Toshkent has been formally launched by President Shavkat Mirziyoyev and his Kazakh counterpart Kassym-Jomart Tokayev. The facility 10 km from the capital in the Yangiyo’l district is to be developed ...
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In depth
Asia: ESCAP rethinks trans-continental supply chains
Covid-19 and the Ukrainian crisis have impacted on Eurasian rail flows, but ESCAP believes railways still have a key role to play in an integrated multimodal transport system supporting global supply chains. Raghu Dayal reports.
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InterRail opens Turkish subsidiary as alternative Eurasian freight routes gain momentum
TURKEY: Swiss rail freight, rolling stock and container group InterRail has established a Turkish subsidiary, saying it sees great potential on trade routes linking western Europe, the CIS, Central Asia and China. It also wants to develop Turkey as a hub for transport from North Africa. ...
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EBRD invests in Middle Corridor transit freight route
KAZAKHSTAN: The European Bank for Reconstruction & Development is investing up to 50bn tenge to support national railway KTZ in the implementation of crisis response measures to cope with the after-effects of the pandemic and ‘ongoing geopolitical turmoil’. Measures include the reorganisation of transit freight operations ...
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Geopolitical risks increase demand for multisystem locomotives
POLAND: Cargounit has ordered a further five Siemens Mobility Vectron MS electric locomotives for delivery in 2023-24.
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News
LTG Cargo signs Kazakh co-operation agreements
INTERNATIONAL: The Lithuanian national railway’s freight business LTG Cargo has signed its first co-operation agreements in Kazakhstan, as part of its strategy of expanding, diversifying and developing routes between Asia and Europe which avoid Russia. A co-operation agreement with the KTZ Express intermodal subsidiary of Kazakhstan’s ...
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Freight shippers call for rail reforms to encourage containerisation in Kazakhstan
KAZAKHSTAN: Freight forwarders, operators and wagon owners have called for reforms to facilitate the increased use of containers for domestic and international rail freight traffic. Following a recent rail industry meeting held in Almaty, logistics group PTC Holding said containerisation is a global trend, but is ...
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Transhipment capacity doubles at Kazakh border rail terminal
KAZAKHSTAN: The second stage of the Dostyk TransTerminal container terminal at the break-of-gauge on Kazakhstan’s border with China has opened, doubling capacity.
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Nurminen Logistics plans Trans-Caspian route as Russia office closes
INTERNATIONAL: Finnish company Nurminen Logistics has closed its Russian office ‘for the time being’ and is developing a Trans-Caspian route from Asia to Europe as a result of ‘extensive changes in the operating environment’ since Russia’s invasion of Ukraine, Nurminen’s import and export operations in Russia ...
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In depth
Azerbaijan: Developing a transit hub
After years of declining freight traffic, Azerbaijan’s national railway ADY is seeking to revive its fortunes by focusing on its potential as a hub for transit freight between Asia and Europe. It is also increasing investment in passenger services around Baku. Toma Bačić explains.