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DHL adds another China-Europe rail link 24 May 2017

DHL Global Forwarding is continuing to expand its rail services between China and Europe with a new connection to Belarus.

The forwarding giant today launched the first regular rail connection between Shenzhen and Minsk.

The route takes 12 days and also covers new overland connections to several major cities along China’s “Belt and Road” network that aims to re-establish the old silk road trade route.

DHL will manage the new route together with China Brilliant, an integrated service provider in global manufacturing and consumption.

The service will offer both Less-than-Container Load (LCL) and Full Container Load (FCL) servi...

Rail cargo traffic in Ukraine 27% down in 5 years 18 May 2017

Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said at the conference "Innovative Technologies for Rolling Stock" organized by Interpipe and Dnipropetrovsk National University of Railway Transport which took place in Dnipro.

According to him, the volume of rail cargo volume began declining in 2012 due to the stagnation of industry.

The rate of decline accelerated in 2014-2015 after the annexation of Crimea and the fighting in Donbas. In 2016 rail freight traffic decreased by 1.7% compared to 2015 and by 27% compared to 2011, to 344 million t...

Norfolk Southern profit up 12% to USD 433 million as sales rise 6% 29 April 2017

Norfolk Southern Corp posted a 12% first quarter year-on-year net profit increase to USD 433 million, drawn on revenues of USD 2.6 billion, which rose 6%.

The company attributed the upward trend to a 7% rise in income from railway operations and a lower effective income tax rate as well as from growth in coal, intermodal shipments.

Norfolk Southern chairman, president and CEO James Squires said,"Norfolk Southern's record results demonstrate the efficacy of our strategic plan, under which we are enhancing service quality while driving efficiency improvements.”

He said that "Our superior service has positioned us for growth and, couple...

Chengdu-Europe rail route to be operated by 1,000 trains in 2017 24 February 2017

According to the Chengdu International Railway Services Company, the number of freight trains operating between China's southwestern city of Chengdu and Europe is expected to double in 2017 compared to last year.

Chengdu, the capital of Sichuan province, operated 460 freight trains to cities in Poland, the Netherlands and Germany last year - more than any other Chinese city. Globally, Chengdu delivered a total of 73,000 tonnes of goods valued at US1.56 billion in 2016.

The southwestern hub has planned three major rail line services to Europe, with a middle route to Germany, Poland and the Netherlands, a southern route to Turkey and beyond, and another northern...

India to link Kathmandu to Delhi and Kolkata by rail 21 February 2017

India's Minister for Railways Suresh Prabhu announced here that it would soon link Kathmandu to New Delhi and Kolkata using direct railway lines, in a bid to strengthen cross-border connectivity and facilitate movement of people between the two countries.

Prabhu, who is here to address the Nepal Infrastructure Summit, said that this could happen as soon as Nepal signed a Memorandum of Understanding (MoU) for engineering surveys.

He added that India was ready to share its drone technology and experience with Nepal for monitoring the project.

This move is a counter to China's bid to expand its rail network towards Lumbini via Kathmandu, according ...

China to run 1,000 freight trains to Europe in 2017 21 February 2017

China will run nearly 1,000 cargo trains to Europe in 2017, more than double the number from last year, as the Communist trading giant ramps up efforts to boost its dwindling exports.

The Chengdu International Railway Services Company said, the cargo trains from southwest China's Chengdu city would be doubled.

Chengdu, capital of southwest China's Sichuan Province, ran 460 cargo trains to cities in Poland, the Netherlands and Germany last year more than any other Chinese city. Chengdu delivered a total of 73,000 tonnes of goods worth 1.56 billion dollar in 2016 globally, state-run Xinhua news agency reported.

The southwestern hub has planned thr...

First cargo train from China arrives in London 21 January 2017

The first container train from China to UK has arrived at the Barking's Eurohub freight terminal in London after an 18-day journey over 12,000 kilometer (km) from Yiwu in eastern China.

The train is operated by the InterRail Group, a multinational transport operator headquartered in Switzerland, on behalf of China Railway subsidiary CRIMT (China Railway International Multimodal Transport) and

DB Cargo was responsible for the last leg of the journey, from Duisburg to London. The silk road trading road is not yet reborn, though, since this journey is just a test trip run as part of China President Xi Jinping's 'One Belt, One Road' (OBOR) trade policy...

Uganda to begin USD 2.3bn rail project this year 20 January 2017

Uganda has announced plans to start building a USD 2.3 billion standard-gauge railway between its capital and the Kenyan border later this year, dropping an earlier demand that Kenya first complete its line between the border and the port of Mombasa.

The 273 kilometer (km) electrified track, which will link Kampala and the Kenyan border town of Malaba, will be built by China Harbour Engineering (CHEC) and is due to be completed in the middle of 2020.

Kasingye Kyamugambi, the project’s coordinator, told Uganda’s New Vision website that land acquisition was 60% complete and efforts were being made to buy the remaining plots by February. As with Kenya&rsq...

Canadian Pacific profit up 7.4% to USD 265 million, sales up 9.3% 21 October 2016

The Canadian Pacific Railway third quarter net profit increased 7.4% year on year to C$347 million (USD 265 million), drawn on revenues of C$1.55 billion, up 9.3%.

Canadian Pacific Railway's quarterly revenue was below analysts' expectations, hurt by a delayed grain harvest and economic headwinds that continue to hamper shipping volumes.

Calgary-based CP, Canada's second railway, also cut its earnings outlook for this year, citing the late grain harvest challenges, lower crude-oil volumes and a stronger Canadian dollar.

CEO Hunter Harrison said that "While disappointed that we will not meet our previous forecast, I am incredibly proud t...

Cargo shipping by rail in Latvia down 19.6% in 9 months 08 October 2016

In the first nine months of 2016, cargo shipping by rail in Latvia fell 19.6% from the same period a year ago to 34.26 million tonnes (mt).

Shipping of oil products by rail reached 12.9 mt, down 24.3% from a year ago, while transportation of coal amounted to 10.46 mt, down 28.6% year on year.

There was a 0.6 % drop in transportation of mineral fertilizers to 2.82 mt, while transportation of chemical cargos dropped 30.4% to 993,000 tons.

Transportation of sugar rose 9.5% year-on-year to 104,000 tons, transportation of grain and flour products rose 7.5% to 1.27 mt, while transportation of ore rose 180 times to 540,000 tons.

Domestic cargo trans...

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