As the frequency of Asia-Europe rail services increases costs will gradually fall, encouraging more shippers to turn to intermodal options to avoid the high cost of air freight and the slow steaming transit times available from lines, one leading logistics executive believes.
29 Oct 2013
Container Corp. of India reported its net income in the second fiscal quarter, which ended Sept. 30, was $40 million, climbing 5 percent from $38 million in the year-ago period.
07 Oct 2013
Indian Railways, which implemented a 15.0 percent “busy season” surcharge on Oct. 1 on all bulk commodities, is again revising its freight tariff.
01 Oct 2013
Indian Railways has announced a 15 percent hike in its freight charges for all bulk commodities, effective Oct. 1, as part of a “busy season tariff adjustment.”
18 Aug 2013
Indian Railways reported revenue-earning freight traffic in July totaled 86.21 million metric tons, up 4.9 percent or 4.0 million metric tons from 82.21 million metric tons in the same month in 2012.
05 Aug 2013
The first freight train from Zhengzhou, China, to Europe has arrived at the freight yard in Hamburg-Billwerder, Germany, carrying 51 containers.
01 Aug 2013
DB Schenker will launch a new China-to-Germany intermodal pilot service on Aug. 14 in conjunction with partners in China, adding to the growing number of rail options available to shippers seeking faster delivery times to Europe from China than currently possible using slow-steaming ocean liner services.
30 Jul 2013
State-owned Container Corp. of India reported its net income in the first fiscal quarter, which ended June 30, was $41.65 million, inching up 0.5 percent from $41.43 million in the same period a year ago.
22 Jul 2013
Etihad Rail has signed a memorandum of understanding with Dubai Industrial City for the development of a rail terminal within the United Arab Emirates city.
09 Jul 2013
Indian Railways reported revenue-earning freight traffic in June was 84.95 million metric tons, up 5.6 percent or 4.52 million metric tons compared with 80.43 million metric tons in the same month in the previous year.
25 Jun 2013
Intermodal transit traffic on overland routes in Asia and Europe almost tripled last year, according to figures from inte
19 Jun 2013
Indian Railways carried 171.91 million metric tons of revenue-earning freight traffic in April and May, the first two months of fiscal year 2013 to 2014, increasing 4.6 percent or 7.53 million metric tons from...