Topic: Sanctions

GEFCO car transporter wagons, source: GEFCO

CMA CGM officially the new owner of GEFCO

The deal is sealed. CMA CGM is acquiring nearly 100 per cent of the shares of GEFCO, the European automotive logistics leader. This was announced by the logistics giant on Friday 8 April. The acquisition...Read more
|Comment|author: Huilin Shi
GEFCO car transporter wagons, source: GEFCO

CMA CGM possibly new owner of Russian shares GEFCO

The French logistics service provider Gefco, together with its largest customer, the French-Italian car manufacturer Stellantis (including Peugeot, Fiat, Citroën, Chrysler and Opel), is at the verge of completing a complete takeover of the majority...Read more
|Comment|author: Majorie van Leijen

Rail freight traffic Finland-Russia resumes

UPDATEThree days after suspending traffic between Finland and Russia, VR Group can resume it. Effective from Wednesday, 30 March, the decision to restart rail freight operations to and from Russia results from further consultation with...Read more
|Comment|author: Nikos Papatolios

Belarus ready to ban rail traffic coming from Lithuania

The Belarussian government is ready to respond to Lithuania’s ban on transporting Belarusian potash fertilisers through its territory. The “harsh response measures”, as Prime Minister of Belarus Roman Golovchenko described them, could see the ban...Read more
|Comment|author: Nikos Papatolios