A plan for financing a high-speed rail link between Moscow and St. Petersburg indicates that government spending on tracks for the project could reach as much as $35 billion. A plan for financing a high-speed rail link between Moscow and St. Petersburg indicates that government spending...

A 28-year-old British man fell onto the rails at the Borisovo metro station Tuesday, escaping in time to avoid being hit by a metro train. A 28-year-old British man fell onto the rails at the Borisovo metro station Tuesday, escaping in time to avoid being hit by a metro train. Police said...

Direct train service between Tallinn and St. Petersburg resumed Sunday after an almost four-year break, the Go Rail transport company said in a statement. Go Rail's Tallinn-St. Petersburg train will make the seven-hour trip daily in each direction, departing at 7:03 a.m. from Tallinn and 7:32 p.m. from St. Petersburg. The ticket costs 25 euros ($31). The Tallinn-St...

... Globaltrans Investment is buying the railcar unit of iron-ore miner Metalloinvest for $540 million, boosting its fleet to about 60,000 units, it said Friday, as it forecast more consolidation for the sector. As part of the deal, Globaltrans will provide rail-freight transportation and logistics services to Metalloinvest, controlled by Arsenal football club and Facebook shareholder Alisher Usmanov, Russia's richest man, for three years. "[The deal] will increase the market share of the company, …...

Russia faces domestic fuel shortages after authorities restricted the transport of crude oil by rail, forcing several refiners to cut production. Russia faces domestic fuel shortages after authorities restricted the transport of crude oil by rail, forcing several refiners to cut production, industry and market sources said. The move has taken...

... by Ziyavudin Magomedov that actively trades oil and is looking to branch into agricultural commodities. FESCO's asset portfolio includes a seaport in Vladivostok and a shipping fleet, railroad company Russian Troika and 21 percent of state-controlled rail group Transcontainer. The deal follows a slump in FESCO's earnings last year to $19 million despite 29 percent growth in revenues to $1.03 billion. Generalov became a seller after failing to secure control over Transcontainer, whose majority owner...

... payments. This would amount to 1.9 billion rubles, or 1.81 rubles per share. The year was a record one for Russia's largest airline, which carried more than 14 million passengers on its flights and gathered 10.4 billion rubles in net earnings. Passenger rail service Aeroexpress saw its net profit increase 170 percent to 720 million rubles in 2011, signaling another positive development for companies working with the airline sector. "The relative stability of Russia's economy in 2011 combined with...

... Tverskaya Ulitsa as far as Sheremetyevo Airport. Leningradka, as the highway is known to Muscovites, is the main road from Moscow to St. Petersburg, and is often overloaded with freight traffic between the two cities. Until the opening of the Aeroexpress rail link in 2010, it was also the only way to Sheremetyevo Airport, which lies on the road’s eastern side just north of Khimki. Since the opening of the railway line in 2010, passengers trying to get to Sheremetyevo have been able to avoid the...

... reported Thursday. The working group on the Moscow Transportation Hub, or MTU, wrote in the report that the most pressing issue is a shortage of capacity at Domodedovo. The airport to the south of Moscow has grown to become Russia's busiest thanks to a rail link to the center, modern infrastructure and a comfortable terminal that made it a firm favorite for foreign airlines in recent years. But capacity strains have recently seen airlines including Lufthansa and Transaero partially relocate services...

... including three in Moldova, Ukraine and Belarus. The print run is 100,000, compared with millions in its heyday. But the layout and content are familiar to anyone who read the paper in Soviet days, with articles extolling the virtues of the worker and railing against capitalism. "We are the only newspaper in Russia today that has not changed its form and content," said Komotsky, a senior member of the Communist Party. "We are true to our name." Critics say that was never really...

... Chicago meeting,” he said in London, Reuters reported. Russia also plays a prominent role in NATO’s troop withdrawal from Afghanistan, which tops the summit’s agenda because the alliance plans to transport the bulk of its military equipment via Russian rail and airspace. President-elect Vladimir Putin has said he will not attend the Chicago event, but Rasmussen has invited Moscow to send a representative to a meeting of countries contributing to the Afghanistan operations. NATO hopes to conduct much...

... developers, are ambitious, having recently made public bold plans to double cargo shipping every year (annual turnover is currently 22.7 million tons), open a new car terminal with a capacity of 250,000 cars per year and invest about 52.5 billion rubles in rail links. By 2018 they even plan to construct a new freight airport for transferring cargo to Siberia and the Far East. Ust-Luga also hosts the terminal of the 1,100-kilometer Baltic Pipeline System 2, or BPS-2, built by Transneft as an alternative...

... Demonstrators Away From Bolotnaya: An update from Moscow Times reporter Rachel Nielsen at Bolotnaya Ploshchad: “At the west end of the square, riot police have begun herding people out. Riot police came after some demonstrators holding onto the embankment railing, forced them away from it. On the east side of the square it's a bit emptier but there is still a huge number of people” in and around the square.” 7:16 p.m., Bolotnaya Ploshchad Still Filled With Demonstrators: A photo from above...