China Establishes Yet Another Freight Train Route To Europe That Is Over 7,000 Miles Long

Ever since Beijing envisioned its Belt and Road Initiative (BRI) to make foreign markets more accessible to China and vice versa, it has been expanding its networks far west, including the European mainland. read more.....»»

Category: blogSource: benzingaOct 9th, 2019

The Freight Railway Route From China To Europe Is Not Generating Business Volume

The much popularized Chinese one belt one road (OBOR) strategy seems to have hiccups on its path, as evidenced from the statements made by the state-run China Railway admitting that several of the intermodal containers on tr read more.....»»

Category: blogSource: benzingaAug 28th, 2019

China Unveils A Train That Cruises At 373 Miles Per Hour

With its sights set on redrawing the historic Silk Route across the world, the Chinese government has been sinking billions of dollars into expanding its transport infrastructure, both within the country and outside its borders. read more.....»»

Category: blogSource: benzingaJul 1st, 2019

Iran Sanctions Fallout: China Set To Replace Total In Giant Iran Gas Project, As Beijing Launches New Iran Train Route

Last week, when commenting on the world's response to Trump's decision to pull out of the Iran nuclear deal, we said that while Europe st.....»»

Category: blogSource: zerohedgeMay 13th, 2018

China Will Dominate Trade in Europe as Rail Link Opens

After travelling 16 days and covering a distance of 11,000 km, the first China-Belgium freight train from China’s Tangshan port has arrived in the Belgian port of Antwerp. The train with 41.....»»

Category: topSource: livetradingnewsMay 14th, 2018

Rally hits the buffers ahead of U.S.-China trade deal

Europe's markets were struck by a bout of weakness on Tuesday, as traders cashed in on recent record highs and waited for a long-awaited U.S.-China trade deal and the first flurries of the Wall Street earnings season......»»

Category: topSource: reutersJan 14th, 2020

PORT REPORT: Port-Rail Connections Needed To Cope With Freight Volume Growth

Imagine a giant spine. Not made of bone, flesh and blood. But of steel, concrete and crushed stone. Imagine too that it's 1,056 miles long. And that it costs US$7.5 billion (A$10.9 billion). read more.....»»

Category: blogSource: benzingaSep 17th, 2019

On the ‘New Silk Road,’ a Father-Son Road Trip Goes 8,000 Miles to China and Back

The pair explored a new route made possible by China's 'Belt and Road Initiative.' As far as road trips with your dad go, this one.....»»

Category: europeSource: fortuneJun 2nd, 2019

Peter Schiff: "The China-Driven Global Gravy-Train Is About To Come To An End"

Via, The last week or so has been rough for US (and global) stocks. In his podcast Monday evening, Peter Schiff said he thinks the bear market rally is over. Long live the bear market. This bear market rally is dead. We.....»»

Category: blogSource: zerohedgeMay 15th, 2019

Railroad rejects Met Council offer for Southwest LRT deal

The Southwest light rail line is expected to share a portion of its 15-mile route with freight trains run by Twin Cities & Western Railroad. But reaching an agreement with TC&W has become a months-long headache for the Metropolitan Council. The Star Tri.....»»

Category: topSource: bizjournalsApr 20th, 2018

I rode China"s superfast bullet train that could go from New York to Chicago in 4.5 hours — and it shows how far behind the US really is

Shutterstock China has the largest high-speed railway in the world, with 15,500 miles of track and most major cities covered by the network. I recently took China's fastest "G".....»»

Category: topSource: businessinsiderMay 13th, 2018

Railroaded: The Chinese High-Speed Train Network No One Else Really Wants

Thailand has started work on the $5.5 billion first phase of a high-speed railway that Beijing hopes will eventually form part of a China-to-Singapore route, a flagship project that other potential clients are watching......»»

Category: topSource: wsjMay 18th, 2018

Why Freight Trains Stretch Three Miles Long

Pressure from investors and competition from trucking are driving railroad operators to add cars to freight trains to improve efficiency and cut costs. But some say the trend is misguided and, potentially, a safety hazard......»»

Category: smallbizSource: wsjJun 15th, 2018

USD/EUR (EUR=X) Escalating trade fight weighs on global stocks, boosts Treasuries

USD/EUR (EUR=X) Escalating trade fight weighs on global stocks, boosts Treasuries Long-dated notes gain on trade war, Europe concerns Wall Street indexes see steepest losses since April Wall St lower on U.S. trade disputes with China, Europe Oil dro.....»»

Category: topSource: livetradingnewsJun 25th, 2018

I rode super-fast bullet trains in China, Japan, Korea, and Russia, and one is better than the rest

Shutterstock On a recent trip through Asia and Europe, I had the opportunity to ride bullet trains in China, Korea, and Russia. Last year, on a trip to Tokyo to launch Business Insider Japan, I rode a bullet train from Tokyo .....»»

Category: topSource: businessinsiderJul 6th, 2018

China is about to open the world"s longest sea bridge. It cost $20 billion and is 20 times as long as the Golden Gate Bridge.

Bobby Yip/Reuters After nine years of construction and controversy, China is set to officially unveil the world's longest sea bridge on Tuesday at a ceremony in Hong Kong. At more than 34 miles long, the Hong Kong-Zh.....»»

Category: topSource: businessinsiderOct 22nd, 2018

Sunshine and soccer helped Carlsberg return to growth in 2018

Danish brewer Carlsberg's sales rose last year for the first time in three years, helped by strength in China and the long, hot summer in Northern Europe and Russia, but it warned it expects slower growth in 2019......»»

Category: topSource: reutersFeb 6th, 2019

Kim Contemplates ‘What Went Wrong’

FLASH: Kim Jong Un Faces New Pressure at Home After Trump Summit Shock He faces a long train ride home through China to think about what went wrong. Pre.....»»

Category: topSource: livetradingnewsMar 1st, 2019

Tech leaders have long predicted a "splinternet" future where the web is divided between the US and China. Trump might make it a reality.

Kevin Lamarque/Reuters The Trump administration announced a broad plan.....»»

Category: topSource: businessinsiderAug 6th, 2020

Columbus data backup firm Veeam reports strong Q2 in prep for long-game public offering

A $5 billion software company for backing up data in the cloud has increased its yearly subscription bookings by 20% since moving headquarters to the U.S. from Europe......»»

Category: topSource: bizjournalsJul 31st, 2020

Drilling Deep: What Invoices Are Telling Us About The Strength Of The Freight Market

Whenever there's a transaction in the supply chain, there's an invoice. And a lot of those invoices get processed by US Bank, which has long had a large amount of business in the trucking sector. read more.....»»

Category: blogSource: benzingaJul 30th, 2020