The European Commission (EC) revealed it is investigating UAE-based operator group e&’s acquisition of Czech telecoms company PPF Telecom’s assets, due to concerns on how the group may be benefitting from state cash injections, reported Reuters.
China, Uzbekistan and Kyrgyzstan come to CKU line agreement
China, Uzbekistan and Kyrgyzstan have signed an agreement on the construction of the railway between the three countries. The document specifies financing, the route to be taken, operation and maintenance. Reportedly, construction will begin in October. The three countries took part in an online signing ceremony on Thursday, 6 June. The agreement sets in stone…
PKP Cargo and COSCO to expand intermodal flows all over Europe
Intermodal transport and logistics will be the core development pillar of a strengthened partnership between PKP Cargo and COSCO Shipping Group. The two parties are poised to expand their intermodal offerings in multiple countries “in Western, Central and Eastern Europe”. PKP Cargo appears to become a core partner in COSCO’s increased rail freight presence in…