Fuel, electricity and labour costs behind new KTZ cargo fee hikes

Higher fuel, electricity and labour costs are forcing Kazakh Railways’ cargo division (KTZ-GP) to increase its prices. Indebted Kazakh Railways (KTZ) is increasing its prices all across the board, to the dismay of the business community. KTZ is deeply in debt and needs higher income to cover its budget gaps. Even with a fourfold revenue…

Medway to operate three new terminals in Spain by 2025

Medway, MSC’s rail freight subsidiary, will soon start operating three intermodal terminals in the Spanish region of Extremadura, near the border with Portugal. The three facilities are Badajoz, Mérida, Navalmoral de la Mata. The three terminals are all expected to commence operations between October 2024 and March 2025, as Spanish media El Mercantil mentioned. The…

Russia and Belarus to harmonise rail freight tariffs

Russia and Belarus will unify rail tariffs. Reportedly, the two countries are already working on the implementation of the measure. Most likely, it will lower tariffs on the Russian network. Russia and its steadfast ally Belarus are on a path of deepening integration within the framework of the so-called Union State. The two countries are…

Tajikistan looking for 7,5 billion dollars in funding for rail

Tajikistan seems to be hopping onto the bandwagon for rail infrastructure in Central Asia. The country is looking for 7,5 billion dollars (7 billion euros) in investments for its rail network. The Tajik rail infrastructure is underdeveloped yet crucial for the country’s international trade. At an economic forum in the Russian city of Kazan, the…

Middle Corridor countries discussing 50% tariff discount

The Middle Corridor is too expensive as a competitive alternative to other transport corridors that connect Europe and China. In an effort to boost the route’s attractiveness, involved countries are now discussing a fifty per cent discount on tariffs along the route. Five countries that are part of the Middle Corridor are currently taking part…

UK partnership streamlines East Region engineering

Network Rail has been negotiating with engineering firms around the UK. The UK infrastructure agency has signed a wide-ranging, long-term partnership to streamline infrastructure improvement work. The agreements are in place for the next five years. There’s a new initiative in the Anglia region of Network Rail. The Eastern Routes Partnership has signed up a…