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…
Category: China
Khorgos grain terminal starts operating in test mode
A new grain terminal has been opened in Khorgos on the Kazakh-Chinese border. The terminal is currently operating in test mode. In the future, local authorities plan to increase storage capacity twentyfold, up to one million tonnes. In the special economic zone of Khorgos, the new grain terminal has begun accepting grain wagons. It facilitates…
Uzbekistan wants a joint venture with China and Kyrgyzstan for CKU line
Uzbekistan has proposed a joint venture with China and Kyrgyzstan for the construction of the China-Kyrgyzstan-Uzbekistan (CKU) line. The joint venture, which can also count on the support of China and Kyrgyzstan, would also become the manager of the line. Work on the line is supposed to start this year. The China-Kyrgyzstan-Uzbekistan line is one […]
Russia profits from Red Sea crisis, sees rail freight to Europe grow
Russian Railways (RZD) is benefitting from the ongoing crisis in the Red Sea, according to a number of European logistics companies. As maritime shippers have diverted their routes, logistics companies are getting more and more requests to transit goods through Russia as a quicker and cheaper alternative. Yemen’s Houthi rebels continue to attack ships passing […]
