Event Details

  • The freight transport network across Eastern Europe and Russia is relatively undeveloped but is now seeing investment by government and large private sector players, as well as attracting foreign investment.

    Maritime freight transport plays a big role in the transportation of bulk and dry cargo, but is not a preferred transport option in the region. However, with the rapidly growing economy, an ever expanding manufacturing industry, increased international trade and foreign investment in infrastructure, the freight forwarding sector will see transformation in the coming years. Already, the small number of large shipping companies is steadily increasing, especially in Russia, Poland, Hungary and the Czech Republic.jiaxu-plastichanger. There have been calls for the privatisation of the Russian railways, as a way of bringing about urgently needed rail reform and making the most of this important means of freight forwarding. Meanwhile, there needs to be significant infrastructure investment in port terminals and interior transport networks, if it is to going to fully exploit the potential of the container shipping sector. Until recently, the region has been hampered by lack of economic stability and the poor transport infrastructure. The lack of competition may partly account for the high costs and poor service which are current features of internal freight in Russia.

    A 2008 report by Datamonitor estimates that the spend on logistics and storage in Central and Eastern Europe will grow from 272 billion US dollars today to 369 billion US dollars by 2012.Russia and Eastern Europe are poised to become one of the next hotspots in
    international freight. Other cities in Russia and Eastern Europe need to develop as distribution and freight forwarding hubs in the next five years. However, Poland, Latvia and Bulgaria have seen an increase in rail freight volumes over the same period and it is expected that rail freight will continue to grow in importance in Russia. This will create new transport networks for international freight, for which there is particular demand from the automotive, electronics and machinery sectors.The world is changing at an unprecedented pace and that means freight transport companies need to constantly update their knowledge and networks.

    However, with many Eastern European countries now members of the EU and others in the pipeline, improved fiscal management and increased investment is now going some way to tackle these challenges. The EU accession of the region is a further boost to the growth of export and freight forwarding in the region. Whats more, containers can sit in port for 10 days, whereas in Rotterdam, it would be less than an hour.Maritime and rail have clothes hanger lost a significant market share of 10 per cent to road freight over the last ten years.

    In Russia, the private rail freight company Globaltrans raised 449 million US dollars of investment when it plastic hanger offered shares earlier this year. At present, Russia is undergoing significant change, which will impact on freight services in the future. These are the First Container Terminal at St Petersburg and the Vostochny International Container Terminal in the East.

    The freight forwarding industry in Russia is still very fragmented and undeveloped. This will have a big impact on freight services and allow the export markets to continue to grow. Since peaking in May 2008, Russias stocks have lost 60 per cent of their value.

    Storage costs in St Petersburg can be a staggering twelve times higher than in Western Europe. Currently, two companies control the two container terminals that deal with the majority of Russian sea freight transport.

    Of course, Russia is not immune to the global financial crisis.

    At present, only 1 per cent of freight in Russia is containerised. The Russian Government has now implemented a programme of modernizing the transport infrastructure, as well as simplifying customs controls. But the current global economic crisis does not change the overall outlook for Russia and Eastern Europe, where the freight forwarding industry is set to experience high growth over the next five years
  • 6/1/18 at 1:00 AM -
    6/30/18 at 1:00 AM
  • Where
    Shanghai China Map
  • Host
    Shanghai China
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The freight transport network across


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