Electric locomotives leasing company Railpool signs a contract with Alstom to deliver 50 Traxx Universal multisystem locomotives.
Lithuanian rail freight operator Lietuvos Geležinkelių Group (LTG) Cargo will buy electric locomotives for domestic use for the first time in its history. Around 100 million EUR will be spent on the purchase.
Overall 4.5 billion EUR for 436 new trains, 57 overhauled trains and 50 locomotives. This is one of Europe’s major fleet renewal plans by the Spanish state-owned Renfe.
The newly-formed Canadian Pacific Kansas City (CPKC) Class I railroad in North America has revealed the livery that will be applied to its locomotives. At the same time, a new link between Mexico, Texas and the US Southeast was created.
Based on the financial report for the 2022 fiscal year, Kombiverkehr achieved higher volumes and revenues despite the inflation, high energies and disruptions in infrastructure.
Rail Cargo Group (RCG) has just secured 9.5 million tonnes of cargo shipments for voestalpine plants, both for raw materials and finished goods, until the end of 2025.
The European Bank for Reconstruction and Development (EBRD) has announced a loan of €200 million to Ukrainian Railways (Ukrzaliznytsya or UZ).
Polish national rail freight carrier, PKP CARGO, achieved encouraging financial results in Q1 2023, mostly as a result of the high demand for coal in the previous period. The focus on profitability will remain as signs of an economic slowdown are ahead.
Operail, the Estonian state-owned railway company, has managed to weather a difficult financial year by divesting non-strategic businesses.
The Canadian government-owned passenger rail company VIA Rail Canada Inc. will have a new CEO from 12 June 2023. Mario Péloquin will lead the company.
Spanish railway operator Renfe signed a cooperation agreement with the Chilean state railway company, EFE. The Memorandum of Understanding aims at materialising future collaborations.
Rohlig SUUS Logistics, Poland's largest logistics operator, has appointed Artur Malarski as a new member of the board, responsible for the development of foreign companies in Central and Eastern European markets.
AITX, a North American-based provider of wagon services in the freight transportation market, has launched its European wagon platform. The company named Mahindhann Krishnapillai as the Head of AITX Rail Europe.
Green Cargo's Board of Directors has appointed Peter Viinapuu as interim CEO of Green Cargo AB. He will take up his position on 17 April and will serve until Henrik Dahlin takes over as permanent CEO on 16 September at the latest.