Karel Novak

Karel Novak

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Karel has more than 25 years of experience in news and press media. For many years he was Editor in Chief of Newsroom of Czech National TV Broadcast. As Head of Strategy, Karel is responsible for overal coordination of newsroom team and general content of Railmarket News.
Freight Rail

GB Railfreight received first 25 brand-new JNA-X Box Wagons

According to the railway leasing Porterbrook company, the wagons, which are fitted with track-friendly bogies, have been designed to optimize the tare weight, volume capacity, and payload with the shortest wagon length over buffers for the bulk material it will transport. The box structure is fabricated from high-strength steel.

November 14, 2022 · 2 min read
Freight Rail

DB to operate new high-speed rail network including freight in Egypt

The Egyptian government has awarded the contract to operate the country's first high-speed rail network to Deutsche Bahn and the Egyptian company Elsewedy Electric (EE). The three parties signed the agreement at the UN Climate Change Conference in Sharm el-Sheikh. The contract, which has an initial term of 15 years, is worth over a billion euros.

November 9, 2022 · 3 min read
Freight Rail

VTG AG sheds its Russian business

Because of the war of aggression against Ukraine and the sanctions imposed on Russia, VTG AG has decided to discontinue its business activities in Russia and divest its business units.

November 8, 2022 · 2 min read
Rolling Stock

Pesa to supply up to 30 Gama Marathon locomotives to Cargounit

Cargounit and PESA have signed a contract for the delivery of 10 electric locomotives with a commuter engine, along with an option to supply a further 20 locomotives. The first 20 Gama Marathon locomotives are expected to be delivered to the CEE locomotive rental market company by the end of December next year.

November 1, 2022 · 3 min read
Infrastructure

Alberta Midland Railway Terminal was acquired by Connor, Clark & Lunn Infrastructure and Alpenglow Rail

Alberta Midland Railway Terminal (AMRT), which is situated in Lamont country, Alberta, provides critical first and last-mile transportation and logistics solutions to an established local customer base. This is the latest investment through a partnership established by CC&L Infrastructure and Alpenglow in 2019 that has since grown to include six rail terminals across Canada and the United States.

October 31, 2022 · 3 min read
Business

Progress Rail changes top managers

John Newman was appointed as the president and CEO of Progress Rail and vice president of Caterpillar, which is the owner of Progress Rail. He replaces Marty Haycraft to retire.

October 28, 2022 · 3 min read