Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Hyperloop to build ‘new silk road’ in Russia

byCT Report
23/06/2016
in Latest News
Share on FacebookShare on Twitter

MOSCOW: The U.S. company Hyperloop is planning to construct a “new Silk Road” passing through Russia, the Reuters news agency reported here the other day.

Hyperloop co-founder and executive chairman Shervin Pishevar said in a press release that the road would be used to delivering cargo from Europe to China.

You might also like

BOI showcases one-window business facilitation centre at ICCI awareness session

17/07/2026

FBR import blunders cost Pakistan Rs356 crore, audit reveals

17/07/2026

Pishevar attended the St. Petersburg International Economic Forum last week to sign a cooperation deal with Moscow authorities and the Summa Group, a company which invests in infrastructure projects. Moscow officials are planning to use Hyperloop technology to build new transport links between the city’s airports, and the capital’s center and rapidly expanding suburbs.

“Hyperloop can improve life dramatically for the 16 million people in the greater Moscow area, cutting their commute to a fraction of what it is today,” Pishevar said in a press release.

The Hyperloop system – a project based on the ideas of tech billionaire Elon Musk – is designed to propel futuristic carriages carrying passengers or cargo on cushions of air. The trains would work in a system of airless tunnels, potentially reaching at speeds of up to 1,200 kilometers per hour. Tests began in the United States in May.

The Vedomosti newspaper reported last month that Russia’s state railway company had set up a working group to study the possibility of using Hyperloop technology.

Transport Minister Maxim Sokolov also announced that Russia was developing its own version of the Hyperloop system, the RBC news website reported.

Related Stories

BOI showcases one-window business facilitation centre at ICCI awareness session

byCT Report
17/07/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI), in collaboration with the Board of Investment (BOI), organized an awareness...

FBR import blunders cost Pakistan Rs356 crore, audit reveals

byCT Report
17/07/2026

ISLAMABAD: Pakistan’s customs authorities incurred revenue losses exceeding Rs. 3.56 billion due to the incorrect classification and undervaluation of imported...

FBR scrutinises foreign income in Pakistan’s real estate investments

byCT Report
17/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified scrutiny of foreign income linked to Pakistan’s real estate sector by...

Karachi Port sets 138-year cargo handling record

byCT Report
17/07/2026

KARACHI: Pakistan's maritime sector has achieved a major milestone as Karachi Port set a new record in its 138-year history...

Next Post
KOTA KINABALU 23 JUNE 2016. Komander Pasukan Polis Marin (PPM) Wilayah 4 Sabah, Asisten Komisioner Mohamad Madun (kiri) bersama pegawai polis Safri Anuar Jamin (kanan) serta Nafiah Litip (tengah) menunjukkan rokok serta mercun yang berjaya dirampas bernilai dianggarkan RM1.3 juta di sebuah rumah tidak bernombur di Kampung Pirasan, Kota Belud, pada sidang media di Pejabat Pasukan Polis Marin, Kota Kinabalu. NSTP/IZHARI ARIFFIN.

RM1.3m fireworks and illicit cigarettes seized in Kota Belud

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.