The total cost of the new Intercity Fleet (NIF) and Regional Rail Fleet (RRF) has risen to nearly A$7 billion. The NSW Auditor-General has criticized Transport for NSW (TfNSW) over the combined cost of A$6.8 billion (US$4.4 billion) for the new Intercity Fleet (NIF) and Regional Rail Fleet (RRF) requested by the state. She also…
In this episode of News in Brief, hear how a year-long delay in IMO action to cut net emissions has set the stage for conflicting national rules, and how hopes for a return to transiting the Suez Canal threaten to flood Europe’s ports with redirected goods. Gavin van Marel explains whether the latest GRI indicators…
President Donald Trump said Saturday that he would raise tariffs on Canada by an additional 10% “above what they’re paying now,” according to a Reuters report. The announcement was made in a post on Truth Social just two days after the end of trade talks with Ottawa. Read also: Swiss President cautious about potential 2025…
The order for 117 EMUs awarded to Alstom and DST is the largest ever by the national operator. PORTUGUESE Trains (CP) has signed a €746 million contract with the Alstom consortium and local partner Domingos da Silva Teixeira (DST) for the supply of 117 EMUs, which according to CP represents the largest investment in rolling…
Cargo claimants who wait too long to pursue misdelivery cases have learned an expensive lesson over the past 12 months. We are approaching the first anniversary of the introduction of the UK Supreme Court’s one-year time bar embedded in the Hague-Visby Rules, which applies to all misdelivery claims, even where goods are delivered unlawfully weeks…
Recently, the Chinese Communist Party, led by Xi Jinping, concluded a pivotal four-day meeting, completing agreement on a comprehensive five-year plan. This plan confirms China’s ambitions to amplify its global influence across the economic, military and technological fields. Read also: China’s $1 billion daily exports confirm its influence in Trump’s trade war A key element…
The Rail Baltic project to build a new 250 km/h standard gauge line to connect the three Baltic states with Poland has reached another milestone, with Lithuania’s infrastructure manager LTG Infra signing two major construction contracts and the European Union (EU) confirming additional funding worth EUR 295.5 million to support the project. LTG Infra is…
The appetite for larger ships has not disappeared, although feeder ships have dominated recent shipping orders. Taiwanese ship operator Evergreen has selected South Korea’s Samsung Heavy Industries and China’s Shenzhen Shipyard International to build 14 14,000 TEU ships between them. Orders worth $2.8 billion are expected to be delivered between 2028 and 2029. Meanwhile, mid-tier…
Sweden’s state-owned company SJ will stop running night trains between Stockholm and Berlin on August 31 next year, one month after the Swedish government stopped supporting the service. SJ’s main rival on the road, Snälltåget, intends to fill the void. “We welcome [SJ’s withdrawal]Because we need to compete under the same conditions; Otherwise, the business…
Mexican authorities’ inconsistent implementation of 33.5% tariffs on goods of Chinese origin is causing customs problems for the country’s forwarders and freight forwarders when it comes to trade with their northern neighbour. Mexico raises customs duties on low-value goods from 19% to 33.5% To read this article you need to subscribe. Help us continue investing…