Marcopolo Rail will supply three DMUs for Prosper City for the Teresina network in the state of Piauí. A Marcopolo Rail DMU (right) undergoes testing on the Talca – Constitución line in Chile. Brazilian rolling stock manufacturer Marcopolo Rail has announced a contract to supply three DMUs from Prosper City to CFLP, the public sector…
It’s been a week of turmoil – and initial relief – in global trade. Hurricane Melissa brought chaos to the Caribbean, but did not save the vital Kingston Terminal in Jamaica, while in Asia, the fallout from the Dhaka Shipping Village fire continues to hamper Bangladesh’s clothing exports. Meanwhile, hopes for stability in the Red…
The White House announced that China will effectively suspend implementation of additional export controls on rare earth metals and end investigations targeting US companies in the semiconductor supply chain. Bloomberg reported the details from a fact sheet issued by the White House on Saturday, outlining the trade agreement agreed to earlier this week between US…
Digital signals will be installed on the 35 km Volojak-Draguman line. HITACHI Rail, in cooperation with Bulgarian electrical engineering company Cerb, was awarded a contract by Bulgarian infrastructure manager NRIC to install ERTMS on a 35 km section of the main line. The double-track section extends from Volojak on the outskirts of the capital, Sofia,…
Investment promises made amid euphoria at a maritime event in Mumbai this week have the potential to transform India’s shipping and logistics landscape into one of its biggest markets, government and industry sources say. There have been some tangible investment wins for India ahead of the summit, including the shipbuilding contract awarded by CMA CGM…
A prolonged contraction in the movement of physical goods suggests the U.S. economy is in a goods recession, according to an analysis of freight data from FreightWaves. High-frequency data from the SONAR platform reveals that while consumer spending on services may be flat, the flow of goods vital to the manufacturing, retail and industrial sectors…
Herrenknecht study confirms the technical feasibility of digging double railway tunnels. A study conducted by tunnel boring machine (TBM) manufacturer Herrenknecht for the Spanish government has confirmed that the construction of a double-bore railway tunnel between Spain and Morocco is technically feasible using current tunneling technology. According to a Spanish news site FuzzpopuliThe study reached…
Delays under the IMO’s Net-Zero framework have not deterred new ship orders, with new commissions from liner operators and tonnage providers pushing order books to levels not seen since 2009. Taiwanese mainline operator Yang Ming has put pen to paper for six 8,000 TEU dual-fuel methanol vessels at Embari Shipbuilding and its subsidiary Nihon Shipbuilding,…