HHLA to buy a 51% stake in Austrian intermodal specialist Roland Spedition
Hamburg terminal and intermodal operator HHLA is set to expand its central European rail network, ...
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By Alex Lennane
Freight transit times will become faster following the opening of a new railway linking central Asia with the Persian Gulf. The 928km route, from western Kazakhstan to northern Iran, will open with a capacity of 5m tons of cargo annually, but that is expected to rise to 12m tons. It will cut nine days off transit times between between the ports of Lianyungang in China and Bandar Abbas in Iran.
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