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  • February 28, 2024

Latvian Railways strengthens strategic partnership with Ukraine in the field of railway supplies

In a significant development, Vita Balode-Andrews, Board Member at SJSC “Latvijas dzelzceļš,” and executives from “LDZ ritošā sastāva serviss” Ltd., a subsidiary of SJSC Latvijas dzelzceļš, visited Ternopil Oblast in Ukraine to participate in the Ukraine-Latvia Business Forum. During the forum, Anda Sīviņa, Chairwoman of the Board at “LDZ ritošā sastāva serviss” Ltd., and Andriy Smorodin, Chairman of the Association of Ukrainian Transport Infrastructure Innovations, inked a memorandum of cooperation to foster economic, industrial, scientific, and technical collaboration.

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  • February 28, 2024

Intermodal success of the Kombiverkerer and digital innovation in railway transport

Kombiverkehr KG reported a significant shift from road to rail, with 815,467 truckloads, equivalent to 1.63 million TEU, transported on climate-friendly rail during the 2023 financial year. The company saw a 15.9% decrease in total transport of containers, swap bodies, and semitrailers compared to the previous year. Despite challenges like declining demand, quality issues, and weather-related disruptions, the commitment to intermodal transport helped save 1.2 million tonnes of carbon dioxide. However, factors like the widening price gap between road and rail, uncertain planning for subsidies, and increased expenses for train paths pose challenges for the company.

  • By sotter sotter
  • February 28, 2024

METRANS expands rail services to Danubeska Streda and Halkali terminal

METRANS has successfully operated a direct service between Dunajska Streda and Halkali since September 2022, providing a crucial link in the METRANS network. The HUB Terminal in Dunajska Streda offers a diverse range of options for onward delivery to ports and destinations across Central and Eastern Europe, Germany, Benelux, and more. The service accommodates various containers, including special equipment like tank containers, with plans to increase capacity in response to growing demand from March 2024, offering additional departures and introducing new delivery options to Indija terminal in Serbia and Budapest in Hungary. The regular weekly connections aim to enhance flexibility, providing customers with efficient and reliable transportation solutions.

  • By sotter sotter
  • February 27, 2024

ILG expands its range of services through strategic acquisition of Global Freight Solutions (GFS)

ILG* (International Logistics Group Ltd), the award-winning UK delivery and fulfilment specialist, has successfully acquired UK Enterprise Carrier Management (ECM) company Global Freight Solutions (GFS), marking a strategic move for enhanced service offerings. As part of the Yusen Logistics/NYK group of companies, ILG is positioned to leverage GFS’s advanced multi-carrier ECM technology, bringing unique advantages to ILG clients, including improved checkout conversion rates, minimized cart abandonment, and increased customer retention. The integration of GFS technology elevates the end-customer purchase experience through diversified delivery options, advanced tracking, and user-friendly return processes.

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  • February 27, 2024

RIVA Stahl’s green commitment: revolution in the steel industry with DB Cargo

In a significant stride towards sustainable steel transport, the leading Brandenburg-based company, RIVA Stahl, is intensifying its commitment to eco-friendly logistics in collaboration with DB Cargo. As a major player in Europe’s electric steel sector, RIVA Stahl has steadfastly opted for rail transport for the conveyance of its steel products from the manufacturing facilities to processing plants and various destinations. Specializing in steel products for the construction industry, such as classic wire rod and welded wire mesh, RIVA Stahl operates steelworks in Brandenburg an der Havel and Hennigsdorf, along with two processing sites in southwestern Germany.

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  • February 27, 2024

Luka Koper Group reports excellent results in 2023 and plans for strategic expansion

The Luka Koper Group celebrates a highly successful year, surpassing expectations and achieving significant milestones in maritime throughput. With net sales revenue reaching EUR 312.8 million, matching 2022 levels, the company excelled in container and car handling, container services, and additional services, despite a decline in storage revenue due to global logistics market normalization. Earnings before interest and tax (EBIT) soared to EUR 60.9 million, a 76% increase from the plan, driven by higher sales and reduced costs.

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  • February 26, 2024

Meeting of the heads of the ports of Kazakhstan with the Deputy Prime Minister: development prospects and investment opportunities

During a working visit to the Mangistau region, Deputy Prime Minister of the Republic of Kazakhstan Zhumangarin S.M. held a meeting with the heads of Kazakh ports, terminals and merchant fleet in the territory of the seaport of Kuryk. Chairman of the Board of NC AMTP JSC Abay Turikpenbaev presented the distinguished guest with the current state, key performance indicators and implementation of the strategic goals of the Aktau port.

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  • February 26, 2024

The Port of Riga joins the global initiative for autonomous maritime operations

The Port of Riga has recently become a member of a collaborative consortium, which includes Latvia, the UK, and Canada, dedicated to pioneering a unified Remote Operations Centre (ROC). Maritime and ICT experts, alongside researchers from the three nations, convened at a workshop hosted by the Freeport of Riga Authority on February 22 and 23. The primary objective is to jointly develop a Remote Operation and Control (ROC) platform, serving as a robust testing facility for maritime and port operations across partner countries.

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  • February 26, 2024

Neptune Logistics Group is considering the possibility of cooperation with the Chamber of Commerce and Industry of the Kyrgyz Republic

On February 23rd, St. Perrin, the official representative of the Chamber of Commerce and Industry of the Kyrgyz Republic in China and President of China Eurasia Business Council, along with his delegation, paid a visit to the headquarters of Neptune Logistics Group in Shenzhen. Mr. Zhu Luzhi, Chairman and General Manager of Neptune Logistics Group, and Mr. Cai Enyan, Director of Project Logistics Division and Director of Overseas Investment, warmly welcomed the delegation, initiating a cordial exchange.