The cost of transporting goods by rail along the eastern branch of the North-South International Transport Corridor has been reduced by over 50% since 2022, now reaching $32 per ton. This was announced by Alexander Sharov, CEO of Rusiranexpo (a Russian group of companies operating in the Iranian market), Logirus reports. Fully operational since 2023, […]
Turkmen and Russian logistics specialists establish partnerships
Turkmenistan’s logistics sector is strengthening its regional ties with the signing of a Memorandum of Understanding (MoU) between the Turkmen Logistics Association and Russia’s Afanasy Nikitin Association in February 2024. This cooperation aims to develop the forwarding and transport logistics industries in both countries and the wider region, writes Akmukhammet Yusubov, senior coordinator of the […]
North-South Corridor: Russia-Turkmenistan Cargo Transportation Up 57%
Transportation on the railway network between Russia and Turkmenistan on the eastern route of the International North-South Transport Corridor in January – August 2023 increased by 57% compared to the same period in 2022, reports TASS with reference to Dmitry Murev, General Director of JSC “Russian Railways Logistics”, daughter of “Russian Railways”. “In 2023, there […]
Countries of the North-South Corridor are taking steps to overcome logistical barriers along the route
Last week, a number of countries connected by the International North-South Transport Corridor (INSTC) – the main transport artery between Russia, Central, South and Southeast Asia – have taken a number of further steps to simplify logistics along the route, and have also voiced their initiatives to unlock the potential of the corridor as soon […]