Business

Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.

Business

VAP Association against distortion of competition regarding rail freight

The Association of Freight Carriers (VAP), which represents some 300 companies from Switzerland and neighbouring countries that rely on the railways in addition to other modes of transport, is opposed to the Federal Council's draft "Further Development of the Framework Conditions for Swiss Freight Transport".

Karel Novak 21/02/2023 · 2 min read

Business

Dejan Pejic has taken over the management of TX Logistik Transalpine GmbH

Pejic wants to focus on strengthening rail freight transport within Austria and Italy and accelerating the internationalization of Mercitalia Logistics.

Marketa Horpeniakova 18/02/2023 · 1 min read

Business

RCH: Single wagons help Hungary meet winter energy demand

Since October 2022, Rail Cargo Hungaria has transported 30,000 m3 of solid fuel to its destination. In the first four weeks of 2023 alone, 6,000 m3 of officially priced firewood was transported from forestry production sites to retail outlets.

Karel Novak 17/02/2023 · 1 min read

Business

Ohio train derailment: Residents fear for their health

Residents are concerned about the potential health effects of the toxic spill. The National Transportation Safety Board announced the cause of the train derailment this week.

Marketa Horpeniakova 17/02/2023 · 3 min read

Business

China-Europe freight train transport is on the rise

China's Chengdu has seen 12% more freight train journeys in 2022, and the clearance time for freight trains heading from China to Europe at the Alataw Pass is also decreasing.

Marketa Horpeniakova 16/02/2023 · 2 min read

Business

ERFA: Single wagonload support shouldn't distort competition

In its statement, ERFA recognises that financial support for single wagonload transport can play an important role in achieving the modal shift targets set out in the European Strategy for Sustainable and Intelligent Mobility.

Karel Novak 15/02/2023 · 2 min read

Business

VTG to withdraw from tank container logistics business

VTG is discontinuing its tank container transport and logistics business and will cease these activities by the end of the second quarter of 2023.

Karel Novak 14/02/2023 · 2 min read

Business

Ukraine and Moldova to expand cooperation for rail freight transport

Cooperation between the two countries is crucial at a time of Russian-Ukrainian conflict. Moldova helps Ukraine export grain and import diesel fuel.

Marketa Horpeniakova 14/02/2023 · 2 min read

Business

RWE, VTG and ammonia: from import terminal to customer by rail

RWE and VTG have signed a Memorandum of Understanding (MoU) to use rail for the onward transport of ammonia from the Brunsbüttel terminal in tank wagons.

Karel Novak 14/02/2023 · 2 min read

Business

China's exports struggle, but trade with Russia hits record levels

Demand for goods from China has weakened in 2022, according to the newest analysis by Container xChange.

Karel Novak 10/02/2023 · 2 min read

Business

DB Cargo transports thousands of gas pipes for European energy security

DB subsidiary transports pipes from Salzgitter AG for the Brunsbüttel LNG terminal.

Karel Novak 07/02/2023 · 3 min read

Business

PKP Cargo rethinks its strategic goals

According to PKP Cargo, the changes in strategy are influenced by the COVID-19 pandemic and the war conflict in Ukraine.

Marketa Horpeniakova 06/02/2023 · 3 min read

Business

France: new Rail Route Connect service to switch freight from road to rail

The first national network of seven French carriers aims to increase the share of rail transport in France.

Marketa Horpeniakova 03/02/2023 · 1 min read

Business

CER: European railway companies continue to support Ukraine

CER members are bringing container trains with humanitarian aid to war-affected areas. Support is also being provided in the form of regular train services for refugees from Ukraine.

Marketa Horpeniakova 03/02/2023 · 1 min read

Business

Hitachi Rail and Europe: senior management changes

With effect from 1 April 2023, Andrew Barr, currently Group CEO of Hitachi Rail, will assume the role of Vice President and Executive Officer in charge of Regional Strategies (EMEA) and President of Hitachi Europe Ltd.

Karel Novak 02/02/2023 · 2 min read

Business

Ukrainian Railways and Eglė Šimė, CEO of LTG Cargo, receive 2023 European Railway Award

The 16th edition of the European Railway Award, held in Brussels, was heavily influenced by current events in Ukraine and the sector's commitment to diversity.

Karel Novak 02/02/2023 · 4 min read

Business

PKP CARGOTABOR buys Alstom's plant in Poland

PKP CARGOTABOR, a company of the PKP CARGO Group, has concluded a contract for the purchase of assets of the liquidated branch of Alstom Pojazdy Szynowe Sp. z o.o.

Karel Novak 01/02/2023 · 1 min read

Business

Renfe: 34 women drive trains in Saudi Arabia, for the first time in history

This means that 24% of the 140 drivers are women. The average age of the new drivers is 26.8 years and 73% of them are university graduates. They drive trains on the Haramain high-speed railway between Mecca and Medina, operated by Renfe KSA (the Saudi branch of the Spanish operator).

Karel Novak 31/01/2023 · 1 min read

Business

Global coal consumption to remain high, creating opportunities for rail freight

Global coal consumption is set to rise by 1.2% last year, topping 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013, according to Coal 2022, the IEA's latest annual market report on the sector.

Karel Novak 30/01/2023 · 4 min read

Business

Operail: sale of another batch of wagons

Operail Leasing sold 807 leased cars. The successful companies in the auction were ATASU Group from Kazakhstan and Skinest Rail from Estonia, to whom the leased cars were sold for a total of EUR 22.1 million.

Marketa Horpeniakova 27/01/2023 · 2 min read