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Ukrzaliznytsia to invest UAH 108 bln in renewing rolling stock fleet

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Ukrainian Railways (Ukrzaliznytsia) has approved a UAH 108 bln development strategy for the its rolling stock fleet. As part of the five-year strategy, 96,000 railcars will be modernised, of which 9,000 freight wagons during next year. According to Alexander Paraschiy, Head of Research at Concorde Capital, a local consultancy company, Ukrzaliznytsia always had ambitious …

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Kazakhstan Railways to launch new rail-air transport services in 2017

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Kazakhstan Railways (KTZ) is investing in developing rail infrastructure and new services in order to contribute the the national objective of ranking Kazakhstan by 2020 among first 40 countries with the best logistics climate. Currently, the country ranks 77 among the 160 countries in the World Bank’s 2016 Logistics Performance Index (LPI).  KTZ intends to develop …

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UWC and Fintrans GL reach agreement for supply of additional tank cars

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United Wagon Company (UWC) and logistics company Fintrans GL (part of Ilim Group, a leader in the Russian pulp and paper industry) have concluded an agreement for the supply of tank cars for chemical freights. Tank cars will be dispatched to the transportation company before the end of the year. …

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Rail Cargo plans routes expansion between Western Europe and Turkey

Rail Cargo plans routes expansion between Western Europe and Turkey

Rail Cargo Group (RCG) plans to extend their range of rail logistics service to and from Turkey, ensuring optimum rail connections with Central and Western Europe. Whereas currently Rail Cargo Operator runs a thrice-weekly service from Sopron-Halkali, with all traction supplied in-house as far as the Turkish border, an expansion …

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Russian and Estonian Railways sign supplementary agreement on electronic data exchange

Russian and Estonian Railways sign supplementary agreement on electronic data exchange

Russian Railways (RZD) and Estonian Railways have signed an agreement on electronic data exchange on international rail freight. The document was signed in the Estonian capital Tallinn on 27 October 2016 at the 65th meeting of the Council for Rail Transport of Members of the Commonwealth of Independent States – Participants of …

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Rail Cargo Hungaria, KTZ Express to cooperate on Asia-Europe rail freight services

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KTZ Express, Kazakhstan Railways (KTZ) logistics subsidiary, and Rail Cargo Hungaria have signed a cooperation agreement on the development of international intermodal transport on China – Europe route, via the Trans-Caspian international transport corridor.  The parties agreed to create favorable conditions for freight traffic on this route. It is planned to develop and use the technical potential …

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Samsung and Russian Railways sign MoU for Silk Road Project

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 Samsung Electronics and Russian Railways have signed in Moscow a memorandum of understanding for collaboration on the Trans-Siberian Railway (TSR) Project. Samsug will shift from marine transportation to rail transportation via TSR when transporting materials and end products from Korea or China to Eastern Europe. Using TSR will allow Samsung …

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Romania: New private intermodal terminal launches activity

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Logistics solutions specialists Transmec Group and P&O Ferrymasters extended their 14-year collaboration with the official opening of a major new venture – a private intermodal terminal in Oradea, Romania. The new facility is managed by Intermodal Vest, their jointly-owned company. The initiative provides a dedicated facility for rail-based intermodal links between western and …

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Azerbaijan Railways forms rail freight JV with Russia’s Rusagrotrans  

Azerbaijan Railways forms rail freight JV with Russia's Rusagrotrans  

Azerbaijan Railways (51%) and Russian grain and agribulk rail freight operator Rusagrotrans (49%) have established a joint venture company in order to provide rail freight services between Russia, Azerbaijan, Iran, Georgia and Turkey. Baku-based AzRusTrans offers rail freight transport services for grain and other bulk agricultural products, timber, fertilizers, construction materials, containers and bulk cargo. The rail freight operator aims to double the volume …

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Regular container service connecting China to Russia’s Yekaterinburg launched

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The first container train connecting China to Russia’s Yekaterinburg arrived on Wednesday in the Ural’s capital. Fifty 40-tones containers transported telecommunications and construction equipment, power tools, consumer and other type of goods. The new rail freight service is organized by TransContainer in cooperation with the Russian-Chinese joint venture Swift Multimodal Rus (part of the international group Swift Transport …

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