A study from the Institute of Transport Economics and Logistics at the University of Vienna of Economics and Business showed quite pessimistic results for the future of Austrian and European rail freight. “Road will remain the dominant mode of transport”, while rail freight will keep losing ground over the next couple of decades, making the…
INSTC takes up role as energy corridor: Russian coal to head to India
Russia is planning to ship coal to India along the International North-South Transport Corridor (INSTC). India has long been interested in establishing trade with Russia along the corridor, and cooperated with Iran for that purpose. The collaboration is now bearing fruit, as the INSTC is taking up its role as an energy corridor between Russia…
