Trade and other bilateral ties between India and Russia have been historically strong since the days of the Soviet Union, but recent Western sanctions on Russia linked to the Ukrainian war have made supply chains problematic for shipping companies. Depending on the industry… To read this article you need to subscribe. Help us continue investing…
Shipping container prices from East Asia and China to the US West Coast fell this week, based on a report from ICIS. This may cause some carriers that were planning general rate increases (GRIs) on December 1 to reconsider. Read also: Container prices steady as Asia and Europe rise and the Pacific weakens Fares from…
The bond exchange buys more time to obtain debt, equity and federal loan financing for the high-speed project. The company building the high-speed line between Las Vegas and Southern California has entered into a transaction support agreement to exchange bonds. This is intended to provide sufficient time to obtain additional equity financing, debt financing and…
Reuters reports: Shares in Australian industrial logistics group Qube Holdings rose to an all-time high on Monday after it said it had received an A$11.6 billion (US$7.5 billion) takeover offer from Macquarie Asset Management. Shares in Qube, Australia’s largest integrated import and export services provider, rose as much as 19.7% to a record high of…
Grand Est requested a new fleet to replace the locomotive-drawn buses. The Grand Est region of France has ordered 16 dual-mode Régiolis trains from CAF for €235 million, which by 2030 will replace RRR push-pull sets hauled by Class BB 22200 locomotives on the Regional Metropolitan Express (Serm) service running from Savern to Strasbourg and…
© Bekir Ugur Written by Alison Kuo 11/21/2025 Container ship order books have reached a post-2008 high, now standing at 34% of the active fleet, following a string of orders in the past two weeks. CMA CGM continues Maersk shutdown, booking ten 22,000 TEU dual-fuel LNG vessels at Dalian Shipbuilding, for delivery between 2028… To…
China, Zambia and Tanzania have signed a US$1.4 billion public-private partnership agreement to modernize the 1,860-kilometre line. A similar signing ceremony was held in Beijing on September 29. China, Zambia and Tanzania signed a landmark US$1.4 billion agreement on November 20 to modernize the Tanzania-Zambia Railway Authority (TAZARA) line in East Africa. This follows the…