Logistics

International Internet Magazine. Baltic States news & analytics Wednesday, 18.07.2018, 19:25

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Eurasian Corridor: JSC UTLC ERA demonstrates stable growth of volumes in the first half of 2018

Eurasian Corridor: JSC UTLC ERA demonstrates stable growth of volumes in the first half of 2018

12.07.2018

According to operational data, the volume of container traffic on the China-Europe-China route on the transit services of JSC UTLC ERA for the first six months of 2018 exceeded 100 thousand TEU, which is 40% higher than the same period last year, while in June a record figure of 22 thousand TEU was reached, UTLC ERA informed BC.

Keyword tags: Cargo, China, Containers, EU – CIS, Good for Business, Logistics, Port, Railways, Russia



FY revenue of Itella Estonia climbs to EUR 13.1 mln

FY revenue of Itella Estonia climbs to EUR 13.1 mln

11.07.2018

The revenue of the logistics company Itella Estonia OU in 2017 grew 38% year over year to 13.1 mln euros and net profit surged 59% to 1.1 mln euros, informs LETA/BNS.

Rail freight in Latvia up 1.4% y-o-y in H1

Rail freight in Latvia up 1.4% y-o-y in H1

10.07.2018

During the first half of 2018, freight transportation by railway in Latvia increased by 1.4% against the same period a year ago, informed Latvijas Dzelzcels (Latvian Railways, LDz) press center.


Estonian, Chinese PMs discussed transit cooperation

Estonian, Chinese PMs discussed transit cooperation

09.07.2018

Estonian Prime Minister Juri Ratas in the Bulgarian capital Sofia on Thursday met with his Chinese colleague Li Keqiang, with whom he discussed how a railway corridor from North-East China to Estonia would revitalize trade of goods and expand access to markets for both countries, reports LETA/BNS.

US Carggo to move unit from Moscow to Vilnius

US Carggo to move unit from Moscow to Vilnius

01.06.2018

US-based e-logistics company Carggo is moving its software development center from Moscow to Vilnius, with plans to hire up to 65 specialists in the Lithuanian capital by the end of the year, Invest Lithuania said on May 31dt, cites LETA/BNS.


23.05.2018

Transocean Eesti becomes Baltic representative of Japanese ONE

Estonian logistics company Transocean Eesti OU has entered into a representation agreement with Japanese container transport company Ocean Network Express Pte. Ltd. (ONE) for representing the latter in the Baltic countries, informs LETA/BNS.

22.05.2018

Latvia and Cambodia discuss stepping up cooperation in transport, logistics and tourism

Representatives of Latvia and Cambodia have discussed possibilities of stepping up economic cooperation in transport, logistics and tourism, LETA was told at the Latvian Foreign Ministry.

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