Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.
The last weekend before Christmas was marked by protests by railway workers in several European countries.
The Supervisory Board of Deutsche Bahn AG (DB) has assigned DB's Management Board the task of examining and preparing the case for a potential sale of up to 100% of its shares in DB Schenker. Decisions as to the categorical initiation of a divestment process and the form any sale may take will be made separately at a later date.
The DB initiative launched in the summer was alleged "a complete success".
The Board of Directors of A. P. Møller - Mærsk A/S announces planned CEO transition: Soren Skou retires as CEO, handing the baton to Vincent Clerc, who is appointed new CEO.
In view of the extraordinary Energy Council today, the Community of European Railway and Infrastructure Companies (CER) reiterates the need for low-carbon, energy-efficient rail to be supported if the EU is to achieve its climate and energy targets in 2030.
Analysis of Polish freight as well as passenger rail transport.
Current Rail Cargo Group Board Member for Sales and Marketing will become the chief of the UAE company.
It concerns design services for the construction of the new line through Kaunas Urban Node. All interested suppliers can submit their applications by 16 January 2023.
A.P. Moller – Maersk (Maersk) has added Khazaen Dry port (KDP), part of Asyad Group, to its ‘Port of Call’ network offering business transportation, container terminal, and reefer container services.
Wabtec Corporation announced a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations.
Unimot Group invests in rail transport logistics and announces terms and conditions of the purchase of shares of the company Olavion.
The aim is to attract more women to the rail sector and to guarantee greater protection and equal treatment for women in the workplace.
Frank Berweger took over this position effective from 1 November, replacing Lars Redeligx.
Sustainability in supply chains and the impact on carbon footprint. This was the issue of a panel discussion at WOF Expo 2022 Prague with representatives of DB Cargo, Metrans, Supply Chain Institute, and Railvis.com.
Hessel Verhage will head contract logistics and Jakob Wegge-Larsen has been appointed as the new CFO.
Nevomo wants to modernize existing railways in Europe by implementing MagRail technology, which is inspired by the hyperloop.
Besides prolongation, the European Commission has approved also the modification of a German scheme to shift freight transport from road to inland waterways and rail. The measure originally approved by the Commission in October 2002 and prolonged on six occasions, most recently in April 2022, was set to expire in September 2022.
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.
The Supervisory Board of Knorr-Bremse AG voted unanimously at its meeting to appoint Marc Llistosella as the Chief Executive Officer of Knorr-Bremse AG for a period of three years with effect from January 1, 2023.
In the first nine months of 2022, almost the same freight volume was handled in the port of Rotterdam as last year: 351 million tonnes (+0.3%).