Freight

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  • MoU Signed Between National Quarries and Etihad Rail
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    MoU Signed Between National Quarries and Etihad Rail

    In the latest of a long line of Memoranda of Understanding, Etihad Rail has signed a deal with National Quarries to provide logistics to the company. One of the biggest costs in aggregates is delivery of goods to clients, and the new UAE railway system will provide a cost efficient and faster means of delivery, […]

    Etihad Signs MoU with Agility
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    Etihad Signs MoU with Agility

    In the latest of a series of Memoranda of Understanding, Etihad Rail has signed an MoU with international logistics firm Agility. This agreement will boost the logistics sector in the UAE while enabling Agility to better distribute goods around the Emirates. Etihad has lately signed MoU’s with clients wishing to use the new railway network […]

    Saudi Arabia to Trade More With GCC Using New Rail Network
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    Saudi Arabia to Trade More With GCC Using New Rail Network

    With the new 2000km GCC Railway Network being built, sources suggest that Saudi Arabia will trade more with regional economies as a result. In 2013, only 5% of the Kingdom’s exports went to other GCC nations. With this new railway network, combined with lower barriers to trade between member nations, this small amount is set […]

    New Bahrain Causeway to Cost 5 Billion USD
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    New Bahrain Causeway to Cost 5 Billion USD

    The new causeway which is to link Saudi Arabia and Bahrain by rail and road is estimated to cost around USD $5bn (BHD 1.9bn). While the location and route is being firmed up, authorities are considering how to bring private finance into the project. The new causeway will link the two Kingdoms and will include […]

    Oman to Host GCC Railway Conference Next Year
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    Oman to Host GCC Railway Conference Next Year

    Oman will host the next GCC Railway Network conference on the 11 - 12 January at the Al Bustan Palace in Muscat. The programme involves discussion of a number of topics around the mega project which will involve six countries and nearly USD $16bn of investment in the coming years. The GCC Rail and Metro […]

    GES Signs MoU with Etihad Rail
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    GES Signs MoU with Etihad Rail

    Globe Express Services, a major freight forwarder, has signed a Memorandum of Understanding with Etihad Rail, the company which is developing and operating a 1200 km railway network across the UAE. Globe Express Services (GES) is a major international freight forwarder, which has lately invested heavily in operations in the GCC region. It has opened […]

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    SRO Signs Contracts to Upgrade Dammam - Riyadh Freight Line

    The Saudi Railway Organisation has signed two contracts to upgrade the freight line between Dammam and Riyadh. The first section will be upgraded by the China Railway Construction Corp on a contract worth 123 million riyals and the second one signed was a 391 million riyal contract with Saudi business Al Mobty. China Railway Construction […]

    Integrated Transport Network Will Boost Development In Oman
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    Integrated Transport Network Will Boost Development In Oman

    Oman Transport Minister Dr Ahmed Mohammed Salim Al Futaisi said last week that the new Oman railway network will be part of an integrated transport network to include road, rail, air and sea, and should boost development in the area. The intent is to help the Sultanate diversify away from oil exports and help drive […]

    23.4 Million Tonnes of Cargo Pass Through Azerbaijan on EU - Asia Routes
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    23.4 Million Tonnes of Cargo Pass Through Azerbaijan on EU - Asia Routes

    23.4 million tonnes of cargo passed through Azerbaijan on the Transport Corridor Europe Caucasus Asia (TRACECA) in the 5 months to May. Where road transport on the Corridor was around 50% of the total volume, rail accounted for 34%. Railway volumes are set to increase with new railways being built in the region in the […]

    Talks Underway About 'Steel Silk Road' from China to Europe
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    Talks Underway About ‘Steel Silk Road’ from China to Europe

    Talks are underway between nations about building a new railway line between China and Eastern Europe. Such a line would cost $150 billion and could well be near completion by 2020 and fully operational by 2030. The 6000km line would come from Xinjiang Province in China, pass through Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, Iran and Turkey […]