Severe floods cause delay and disruption across central and east Europe
Severe flooding across central and eastern Europe is leading to transport delays, forwarders have warned. The ...
R: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
R: CAPITAL DEPLOYMENTBA: CRISIS DEEPENSGXO: UPSIDEJBHT: EARNINGS SEASON KICK-OFFAMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGING
It might have been used by Graham Greene in the 1950s, but when I travelled the Baltic countries extensively in 2003, as they voted on EU accession, rail travel was virtually non-existent. The only viable connections between Tallinn, Riga and Vilnius, as well as secondary cities such as Klaipeda, Kaunas and Ventspils, were by bus, and overland freight was the sole preserve of trucks. That is set to change however, after Lithuania, Latvia, Estonia and Poland signed an agreement for the biggest rail infrastructure project since the fall of the Iron Curtain. Some 85% of the funding for the $5bn project will come from the EU.
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