Georgian Railways reduced freight transport tariffs
According to the Georgian Railways plan, from July 1, 2015, the tariffs for local and export freight transportation are reduced […]
Asia Leads
KTZ and India signed MoU on rail technical cooperation
Kazakh Railway Company, KTZ, and India’s Ministry of Railways signed a Memorandum on Understanding on technical cooperation in the field […]
Canada and South Korea signed MoU on transport cooperation
Canada Minister of Transport Lisa Raitt signed a Memorandum of Understanding (MoU) and Action Plan with South Korea to promote […]
Feasibility study for Laos-Vietnam railway planned
South Korea will conduct a feasibility study for a new railway connecting Vientiane in Laos and southern Vietnam. The proposed […]
Shenzhen light rail PPP contract awarded
A consortium of Shenzhen Metro Group and China Railway Construction Investment Group has secured a build-operate-transfer PPP contract for the […]
MTR completes main structure of new station
MTR completed the civil structure of Kai Tak Station, as part of Shatin to Central Link (SCL) project. This is […]
China Railway Signal prepares for USD 2 billion Hong Kong IPO
State-owned China Railway Signal & Communication Corp. plans to start taking orders for an up to USD 2 billion Hong […]
UPS adds LCL option to China-Europe rail service
UPS announced it has added a Less-than-Container Load (LCL) option for China-to-Europe rail shipments. The service is available from Zhengzhou […]
Taiwan Railways and Deutsche Bahn to collaborate for technical consultancy
The Taiwan Railways Administration (TRA) has signed a memorandum of understanding with Deutsche Bahn International and Deutsche Bahn Systemtechnik, subsidiaries […]
Moody’s forsees more pressure for Russian rail freight operators in 2015-2016
Russian rail freight operators’ profitability will come under pressure in 2015-2016 as the decline in cargo volumes becomes more acute […]