Innovations and investments behind China-Europe rail freight transport


More than 45 years ago, in an article for Harvard Business Review, Theodore Levitt considered that the decline of railways was caused by their marketing myopia. Railway companies failed to properly define what business they were in, missing on existing growth opportunities in favor of other transport modes. Railway companies …

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Istanbul to announce tenders for monorail, metro and tram projects


Istanbul Metropolitan Municipality (İMM) plans to soon initiate three important rail infrastructure development projects to address the city’s heavy road traffic levels.  IMM will launch on the 14 of November a tender for Sefaköy-Halkalı-Başakşehir monorail system implementation, informs Anadolu Agency. The nine km-long monorail line is planed to enter operations in 2019.  On the 26 of October, IMM will also announce a tender for the construction …

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


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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EUR 89 million infrastructure project to improve Bucharest air-rail link connection


Romanian Minister of Transport Sorin Buse and representatives of the state-owned rail infrastructure manager CFR SA and rail passenger operator CFR Calatori  have presented a EUR 89 million project for the development of the railway connection between Bucharest North Railway station and Bucharest  International Airport Henri Coanda (Otopeni). According to the project, CFR will carry out electrification and rehabilitation …

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Samsung and Russian Railways sign MoU for Silk Road Project


 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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Eurovia to modernise Košice tramway infrastructure

Električky KE 2015

Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has been awarded the eight works packages of the second phase of the modernisation of the tramway in Košice, Slovakia’s second largest city. Worth almost €80 million, this new contract follows on from the first phase of works, completed …

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Romania: New private intermodal terminal launches activity


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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EUR 75 million EIB loan for the acquisition of 20 new trams for Riga


The European Investment Bank (EIB) has apporoved a EUR 75 million loan to RP SIA RIGAS SATIKSME for the purchase of 20 new low-floor tramways to operate in the city of Riga (Latvia), and modernisation of tramway infrastructure and depot.  The new trams will replace existing ones, which are obsolete. The total value …

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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


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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Austria to invest EUR 15bn in rail infrastructure projects


Austrian Federal Railways’ (ÖBB) framework plan for the years 2017-2022 provides for EUR 15.2 billion investments in rail infrastructure projects. The Federal Ministry for Transport, Innovation and Technology has submitted the document for approval to the Council of Ministers on 12 October. EUR 7.7 bn will be directed for the modernisation of railway stations, station rebuilding …

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