The Free and Hanseatic City of Hamburg and global shipping company MSC agreed on a strategic partnership. MSC will take over 49.9% of Hamburger Hafen und Logistic AG (HHLA) shares.
The new agreement between the Argentinian Ministry of Transport and three agricultural business companies, Trenes Argentinos Cargas will get funding to modernise four locomotives and purchase 180 new wagons.
California High-Speed Rail Authority is calling for requests for qualifications from rolling stock manufacturers to deliver six high-speed trains.
One of Europe's leading European wagon hire, rail logistics and traction companies, VTG, will get a new CEO from 1 October 2023.
The agreement between railway infrastructure companies will enable joint work development of passenger and freight rail transport between the countries in order to increase the export-import potential.
Higher revenues and profit, less cargo transported by the biggest Polish rail freight carrier in the first half of 2023.
Bettina Castillo, former IKEA logistics manager, to take over Rail Cargo Austria AG's production and maintenance department as of 2024. She succeeds Imre Kovács, who becomes Senior Advisor for Eastern and South-Eastern Europe at ÖBB.
Ukrzaliznytsia, Ukraine's national railway company, is bolstering its international outreach. Following the recent establishment of a subsidiary in Poland, the company has named two new representatives to oversee its international endeavours.
Operail is facing an 83% reduction in cargo volumes due to the impact of the war in Ukraine, resulting in projected losses for the first half of the year. Despite this setback, the company is actively seeking new opportunities to counteract the decline in cargo volumes.
Despite the summer silly season, the passenger rail market still delivers much news worth your attention. We are bringing it to you in a comprehensive summary.
As Italian media outlets report, the global shipping giant MSC continues its growth by acquisition strategy. Reports state that negotiations were ongoing for acquiring stakes in Italo and TX Logistik.
EP Logistics International (EPLI) is strengthening its position in the German market by acquiring SGL to enter the promising railway construction logistics market.
Northern Trains are looking for a supplier of new rolling stock and maintenance support service with a planned framework agreement for up to 450 new trains.
Latvian Railways (LDz) have appointed a new board chairman to tackle challenges that the state-owned company faces in the current geopolitical situation.
ROSCO company Beacon Rail is taking over another big company in the European locomotives and trains leasing market: Mitsui Rail Capital Europe.
In an exclusive interview with RAILMARKET.com NEWS, Katerina Adams, Sales Director of Forwardis GmbH, explains her views on European railway logistics markets, its recent changes, trends and needs.
After DB Cargo announced another year in red figures, the DIE GÜTERBAHNEN association criticised the government for preferring subsidies to a single company instead of investments for the entire system.
FS Italiane Group has acquired German company Exploris through its subsidiary Mercitalia Logistics which owns 100% of TX Logistik AG. By this step, FS owns HSL and becomes the second-largest operator in Germany.
While containers, coal and other dry bulk decreased, agribulk, iron ore, scrap, and LNG increased in the first half of 2023 in the Port of Rotterdam. The port also signed agreements to expand the container terminals.
Electric locomotives leasing company Railpool signs a contract with Alstom to deliver 50 Traxx Universal multisystem locomotives.