Sweden to upgrade Iron Ore Line after derailments and NATO accession

Sweden has decided to upgrade the Iron Ore Line, or Malmbanan in Swedish. The upgrades are necessary due to two recent derailments. Moreover, the country’s NATO accession requires the rail line to function properly at all times. The railway line in Sweden’s north is crucial for mining and military purposes. The Iron Ore Line stretches…

FESCO signs rail agreements with 5 Chinese logistics companies

Russian logistics company FESCO has signed agreements with five Chinese logistics companies. The agreements, by and large, concern rail freight. FESCO has entered into agreements with five Chinese logistics companies. The Russian company signed an agreement with Weisa International Logistics Group, in which the two companies agree to work together for rail freight optimisation on…