The Middle Corridor, a multimodal China-Europe freight route through Central Asia, has garnered international interest as a potential alternative to transporting freight through Russia. Illustratively, […]
Category: New Silk Road
The dilemma goes on: Scan Global Logistics defends use of Russia’s rail network
Denmark’s Scan Global Logistics (SGL) has defended its continued use of Russia’s rail network to transport cargo between China and Europe, claiming its actions comply with all of the rules currently in place. With the ongoing conflict in Ukraine, the company’s position has attracted criticism, notably from within the logistics industry. DSV CEO Jens Lund…
LX Pantos opens rail terminal in Hungary for car battery logistics
South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…
Belarus raises rail freight fees by 8% amid higher China-Europe traffic
The Belarusian government has decided to raise rail freight fees by an average of eight per cent. The country, an important transit country for the increasing amount of goods coming into Europe from China, may seek to benefit from the growing freight volumes transiting its network. As per a decision of Belarus’ Ministry of Antimonopoly…
‘Going back to pre-war levels might hinder quality of services’
One of the main points raised at the RailFreight Summit ‘24 is that going back to pre-war rail freight volumes between China and Europe across Russia might not be in the general interests of the industry. DB Cargo Eurasia managing director Tabea Klang highlighted that going back to those levels might hinder the current quality…
