The Middle Corridor, a multimodal China-Europe freight route through Central Asia, has garnered international interest as a potential alternative to transporting freight through Russia. Illustratively, the EU has allocated 10 billion euros for its development. The corridor remains too expensive to become a route of preference, explains Roland Verbraak, general manager of BTTMultimodalGroup. BTT, a…
Category: China
Kazakhstan, China and Russia building transport hub near Moscow
Kazakhstan, China and Russia have started building a joint transport hub. The hub will be built at the Selyatino station in Russia’s Moscow region. The hub is supposed to improve transport links between Russia and the Kazakh-Chinese terminal in Xi’an, China. Earlier this year, the Russian firm Slavtrans signed a memorandum of understanding with Kazakh…
Russia grows first quarter rail exports to China by 27,5%
Russian rail exports to China have grown by 27,5 per cent year-on-year in the first quarter. In total, Russia exported 9,4 million tonnes of freight during this period. The growth reflects an ongoing trend of growing rail freight volumes between the two countries. As a result of Western sanctions, it is geopolitically important for Russia…
China-Laos railway moves 8 mln tonnes of goods since operations start
The railway between China and Laos has moved 8 million tonnes of goods since the start of operations on the route, according to Chinese data. The route, a joint project by the two countries, has been in operation since 2015 and is of vital importance for the Laotian economy. According to Agenzia Nova, the 8…
LX Pantos opens rail terminal in Hungary for car battery logistics
South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…