NEWS
Bulgaria: Transwagon to Supply Freight Wagons to Arcelor
12.05.2008 (17:55)
Transwagon, the Burgas-based manufacturer of railway wagons, said it has begin work on an order for 540 freight platforms for steel maker Arcelor Mittal.Finnish Rail Official to Meet Business Leaders in St. Petersburg
12.05.2008 (17:40)
The 12th International Economic Forum to be held in St. Petersburg on June 6-8 is an important platform to exchange experience and plans for the future, the president of Finnish rail company VR Group Ltd. said according to RIA Novosti.Russian Railways to Invest 67 Billion Roubles in West Siberian Railways in 2008-2010
12.05.2008 (17:15)
Russian Railways will be investing 67 billion roubles to develop West Siberian Railways between 2008 and 2010, beginning with over 22 billion roubles in 2008, according to Vadim Morozov, First Vice-President at the Company.Czech Republic: ŽPSV Raises 2007 Sales by 20% to CZK 1.39 Bln
12.05.2008 (16:52)
ZPSV, one of the largest Czech makers of concrete products for the construction sector, raised sales by 20 percent year-on-year to around Kc1.39bn in 2007.Throughput of Russian Ports to Grow 10-12% in 2008
12.05.2008 (16:37)
In 2008 throughput of Russian ports will grow by 10-12%, year-on-year, Aleksandr Davydenko, head of Federal Agency of Marine and River Transport (RosMorRechFlot) told on May 12 at the sixth International Congress of Port Captains held in St. Petersburg.Prime Minister Putin Appoints New Government
12.05.2008 (15:56)
Vladimir Putin, who became Russia's prime minister on May 8 after ceding presidential powers to his chosen successor Dmitry Medvedev, appointed a new government on Monday, keeping the key ministers in their posts, RIA Novosti reports.China Sets up Company to Build Large Passenger Jets
12.05.2008 (15:41)
China's first ever passenger aircraft building company, with registered capital of 20 billion yuan ($2.82 billion), has been officially launched in Shanghai, the China Daily reported on Monday according to RIA Novosti.1.5 Billion Yuan Invested in Qinghai-Tibet Railway's 2nd Line
12.05.2008 (15:16)
Construction of the Xi'ning-Geermu line of the Qinghai-Tibet Railway is proceeding smoothly and investment now totals 1.5 billion yuan, exceeding the original estimate.Trade Union to Continue Pay Talks with Tallink
12.05.2008 (14:49)
The Estonian Seamen's Independent Trade Union, EMSA, is expecting to start pay talks with the shipping group Tallink, involving a mediator, the Public Conciliator, as the earlier pay talks with Tallink in January 2008, were a failure.Slovakia/Poland: EU07 Freight Locomotive Gets Acceptance
12.05.2008 (14:46)
An EU07 series locomotive operated by Polish national rail freight operator PKP Cargo has run across Slovakian rails for the first time, following the grating of approval from the Slovakian authorities.Mehdorn to Head Semi-provatised DB Mobility Logistics
12.05.2008 (14:43)
Deutsche Bahn AG. said under its planned new structure, chief executive Hartmut Mehdorn will oversee both the parent company and the passenger and logistics division to be partially privatised.Volume of Passenger Traffic of "Domodedovo" for January-April Increased up 23.8%
12.05.2008 (13:48)
The volume of passenger traffic of OJSC "International airport Domodedovo" (IAD) for January-April, 2008 grew up 23.8% to 5.677mln persons in comparison with the similar period of 2007.KAMAZ Will Buy the Airport
12.05.2008 (13:38)
Kamaz will buy the Begishevo Airport included into Tatarstan Aviation Company, the Tatarstan government informed according to AK&M.Indian Railways to Sign MoU with France
12.05.2008 (13:06)
France, known for its expertise in high speed trains, will soon be helping India in the creation of such a network in the country.RUR 160 Mln to Be Invested into Railway Approaches to Ust-Luga Port
12.05.2008 (12:46)
RUR 160 mln will be invested into railway approaches to Ust-Luga port (Leningrad region), Vladimir Yakunin, President of Russian Railways OJSC told journalists .Derailed Freight Train Back on Track
12.05.2008 (12:33)
A nine-wagon freight train which derailed south of Whangarei, New Zealand at the weekend is now back on the tracks.Budapest Transport Unions to Start Indefinite Strike May 27
12.05.2008 (11:57)
Trade unions representing workers of Budapest's public transport company BKV will begin a strike for days on May 27 unless an agreement is reached with the management over the unions' demands, the unions' spokesman Gabor Nemes said according to Railway Market-CEE Review.GE Close to $263 Mln Bosnia Rail Deal
12.05.2008 (11:55)
Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network.MMK Hikes Steel Production
12.05.2008 (11:29)
Magnitogorsk Iron and Steel Works (MMK) boosted its steel production 10.8 percent to 4.753m tonnes in the first four months of 2008 compared to the same period a year earlier.'K' Line Joins Wan Hai on Japan China Vietnam Service
12.05.2008 (10:53)
Japan's "K" Line joined Taiwan's Wan Hai Lines' weekly Japan China Vietnam (JCV) service as a vessel provider on May 8, Logistics Week reported.Gazprom not to Change Partners in West Kamchatka Offshore Project
12.05.2008 (10:21)
The possible change of ownership of the license to explore West Kamchatka offshore fields should not affect Rosneft's Korean partner KNOC, RBC reports.European Airfreight Demand Weakens up only 1.5% in March
12.05.2008 (10:15)
European airlines are experiencing a sharp slowdown in airfreight volumes, rising by just 1.5 per cent in March compared with 7.2 per cent in the previous month, according to the latest figures released by the Association of European Airlines.New Beijing-Shanghai Railway Work Starts to Ease Capacity Crunch
12.05.2008 (10:07)
China started work on a new express railway between Beijing and Shanghai recently in a bid to ease passenger and cargo transportation pressure between the two metropolises, Xinhua reported.Throughput of Riga Port up 20.3% in Jan-Apr, 08
08.05.2008 (17:33)
In January-April, 2008, the port of Riga increased its throughput by 20.3%, year-on-year, to 9.58 million tonnes.Sweden: Monopoly on Rail Traffic to Be Abolished
08.05.2008 (16:54)
The Swedish Government is planning to abolish the monopoly that still exists on certain rail lines.PKP Cargo to Improve Its Finances in 2009
08.05.2008 (16:46)
In the first quarter of 2008, the amount of goods transported by the Polish state-owned rail freight operator, PKP Cargo, fell by about 8%, when compared to the same time of the previous year.DHL Inaugurates Industry’s Biggest Hub in Central America
08.05.2008 (16:40)
DHL has inaugurated its $4.5 million facility at the Tocumen International Airport in Panama – the industry’s largest hub in Central America.London Gateway Gets Final Seal of Approval
08.05.2008 (15:53)
The UK government has granted the final seal of approval for the development of the container port at London Gateway, which incorporates Europe’s largest logistics park.