Author: Guest authors

Operail Finland sale was 12 million euro “gift” to Finnish business

Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year, it sold Operail Finland, the former name of the subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a price below its fair value, leading to allegations of a secret sale. As part of the privatisation of Operail, Estonia…

Russian rail exports of petrol halved following embargo

Russian exports of petrol via rail have been halved in March. The export reduction follows an embargo that the Kremlin introduced. It implemented the embargo to curb domestic fuel shortages. Russia introduced a fuel export ban on 1 March. The ban aims to mitigate the country’s ongoing fuel shortage, which has led to rising prices.…

CEVA Logistics’ new Dunkirk auto hub enters service complete with rail spur

CEVA Logistics has begun operations this week at its new finished vehicle logistics (FVL) hub at the Port of Dunkirk. The hub is equipped with a rail spur and connects to maritime import and export trade flows to and from the northern French port. The hub also comprises vehicle reception and storage areas, as well…