Germany and Italy invest to shift cargo from road to rail.

By Adeeba Khan In Industry News On 18th August 2023

European governments are heavily investing in rail projects, with both Germany and Italy recently announcing substantial investment and subsidies aimed at shifting freight transportation from roads to railways.

The Ministry of Transport in Germany has given its approval for additional funding to address the rail network’s “decades of neglect”, as highlighted by the rail union EVG. Approximately €27 billion (equivalent to $29.5 billion) is being allocated towards grid maintenance and digitisation efforts.

However, the EVG argues that an even greater investment is required. Martin Burkert, the union chair, stated, “To make up for the entire investment backlog, at least another €18bn is still needed by 2027. In principle, there should be a new, permanent, reliable, and adequate financing of rail infrastructure as a political consensus of all parties.”

Unlock further insights at The Loadstar

UK plans to postpone start of checks on EU imports

Once again, the UK government has opted to postpone import checks, according to reports conveyed to port health authorities.[...]

Road Haulage Sector Under Pressure as Costs Soar

Transport companies in the UK are facing a relentless increase in operational expenses, compelling them to pass on the burden to shippers, according to the latest findings from Transport Intelligence (Ti).[...]

How Shipping Companies will Balance Costs for Greener Practices

In the drive towards a greener planet, the shipping industry finds itself at a crossroads. With sustainability becoming an increasingly pressing concern, carriers are faced with the challenge of transitioning to more environmentally friendly practices while balancing economic viability.[...]

NNR USA
11 April, 2024

Why EcoVadis Matters

Over the last five years, I've witnessed firsthand the transformative power of a high EcoVadis score. It's not merely a badge of honor; it's a reflection of our deep-rooted commitment to sustainability and ethical operations. EcoVadis provides a comprehensive evaluation[...]

NNR USA
11 April, 2024

Prepping your Warehouse for EcoVadis

Improving a warehouse's EcoVadis score can significantly impact its sustainability practices and overall environmental footprint. EcoVadis is a widely recognized sustainability rating provider that evaluates companies on a wide range of non-financial management systems, including Environmental, Social, and Governance (ESG)[...]

USA
08 February, 2024

Evaluating Country of Origin and Tariffs? Start Here!

It's always a good idea to evaluate country-of-origin implications regarding tariffs you may face at the time of import. U.S. Census Bureau data can be a good starting point since they compile statistics from Customs entry data, revealing the top[...]

Adeeba Khan
02 February, 2024

NNR Expands Customs Clearance Services to Kumamoto Airport

NNR has just hit a significant milestone as the first forwarder to leverage the bonded warehouse at Kumamoto Airport for import and export customs clearance.[...]

Potential Capacity Crunch Hits North European Container Ports

North European container ports are on the brink of a potential capacity shortage in early February as a fleet of alliance vessels from Asia, previously rerouted around Africa, approaches the Channel.[...]

USA
11 January, 2024

Five Trade Compliance Resolutions Every Company Should Make

Trade compliance is a critical component of import and export. More than ever, customs agencies can access the latest digital tools to help with enforcement. Stay ahead in the compliance game by implementing important compliance activities. Here are some of[...]

USA
10 January, 2024

Warehouse Trends to Look for in 2024

At the start of the new year, let's identify the trends that will dominate warehousing news in 2024.The integration of digital transformation into warehouse management practices is rapidly gaining momentum. Robots and automated guided vehicles (AGVs) are taking on increasingly[...]