In order to curb inflationary pressure, Russia’s central bank has been consistently raising its interest rate. The latest revision moved it up to 21 per…
Chinese company Contemporary Amperex Technology (CATL), the world’s largest car battery manufacturer, set up its first domestic rail freight service in China. The first test…
The challenges on the Russian railway network keep growing bigger. A toxic mix of trade reorientation, staff and locomotive shortages, and network cluttering have strained…
Russian Railways (RZD) is going to purchase 500 new locomotives next year. The company is in dire need of additional traction capabilities, as a persistent…
In a leaked conversation with Russian government officials, Russian Railways’ (RZD) head Oleg Belozerov ordered no less than 100,000 wagons to be removed from the…
Kazakh Railways (KTZ) signed an agreement with French locomotive manufacturer Alstom for the production of a new type of electric locomotive for rail freight transport.…
Türkiye has completed excavations for an important rail tunnel that is supposed to enhance freight traffic to and from Europe. The tunnel is a relatively…