Reports from earlier this year concerning a straining situation in the Russian rail freight market due to locomotive shortages are confirmed. Dmitry Pegov, deputy general…
Author: Nikos Papatolios
China to pour at least $2.3 billion for line to Kyrgyzstan-Uzbekistan
The financing agreement details of the China-Kyrgyzstan-Uzbekistan (CKU) line have been revealed. The project is expected to cost 4.7 billion US dollars in total. According to Kyrgyz railway officials, China is expected to fund 51 per cent of the project’s costs with a loan of 2.3 billion US dollars. Kyrgyzstan and Uzbekistan will need to…
Weather becomes a delaying factor for German rail again
Bad weather-strikes-bad weather. This is the sequence of events that German rail freight has dealt with in the past few weeks. Following the industrial action of North Sea German port workers during the past seven days, bad weather conditions in the German north are set to delay the handling of trains even more. Here’s the…