CCRC Zhuzhou Locomotive, a subsidiary of Chinese state-owned rolling stock manufacturer CCRC, signed agreements with Hungarian equity fund Acemil to build four facilities in the Magyar country. The facilities will focus on rail vehicles production and maintenance as well as professional training and research and development. This new initiative may be part of a larger…
Timber yard planed for Scottish Highlands
The multinational timber processing company West Fraser would like a rail freight terminal at its Highland mill. The company has begun the planning application process. If it is successful it would see raw timber trains arriving at a production plant near Inverness. Finished product trains would depart, potentially heading for customers all over Europe. They…
Kazakhstan to introduce AI and build 5 border hubs by 2030
Kazakhstan intends to expand its logistics infrastructure by five more transport hubs. The hubs are supposed to expand the capacity of the Eurasian transport network. The Central Asian country also plans to introduce AI into its rail operations and expand its railway infrastructure. At a meeting of the Eurasian Economic Union, Kazakh president Kasym-Zhomart Tokayev…
