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Intercontainer said it's now offering railroad combined transport services between Rotterdam and six terminals in Central and Southeast Europe. The company said trains leave Rotterdam on Mondays, Wednesdays and Fridays. Containers are then shipped via its CTH Herne hub in the Ruhr on to Sopron and Budapest Bilk in Hungary; Bradu de Sus and Bucharest i...
Real estate investment trust ProLogis, a major provider of distribution facilities, said Friday it had agreed to purchase a 20 percent stake in ProLogis European Properties Fund II from ProLogis European Properties for about $61 million. The purchase price is at a discount of about 30 percent to existing net asset value and future funding obl...
FedEx Corp. on Thursday reported flat revenue and earnings results for its second quarter compared with a year ago. By FedEx's high growth standards the numbers are not good, but relative to other companies that are experiencing significant profit declines or losing money, the express delivery and logistics company is weathering the recessionar...
The U.S. Surface Transportation Board has approved Southwest Gulf Railroad Co.'s plan to build and operate a rail line in Medina County, Texas, subject to environmental mitigation conditions. The STB identified three environmentally acceptable routing alternatives, any one of which the railroad may build. The new rail line will extend ...
As part of its program to expand the Nuremberg-Fuerth line to four tracks, Deutsche Bahn AG (DB AG), Germany has ordered an electronic interlocking from Siemens Mobility. Electronic interlockings are taking over from conventional mechanical and electromechanical systems. The order volume in this case is in the lower two-digit million euro range and commis...
The Port of Vancouver USA and BNSF Railway Co. have reached preliminary agreement for a historic transaction facilitating the construction of the port's $137 million West Vancouver Freight Access project (WVFA). The Washington state port said BNSF has tentatively agreed to sell nearly 17 acres of right-of-way and donate about $6 million of ac...
AB Lietuvos Geležinkeliai informed, that it will start cooperation with the Russian company Russkaya Troyka to increase freight transported between Russia and European Union, Railway Market informs. On the 18th of December General Director of Lietuvos Geležinkeliai, Stasys Dailydka met with Russkaya Troyka's representative, Andrėjus Munkinas, to sign ...
The state of California will stop spending money on infrastructure projects to preserve cash in the face of a $15 billion fiscal year deficit. A state board responsible for doling out tax dollars for infrastructure projects on Wednesday voted to suspend $3.8 billion in financing through June, or until the legislature addresses the budget situ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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