Management

Service kits and training to PT KAI from Wabtec

Wabtec Corporation signed an agreement with PT IMECO to support parts for the 150 Wabtec CM20EMP locomotives of PT KAI.

Lubomir Cech 12/07/2023 · 1 min read

LTG Cargo is looking for suppliers of its first electric locomotives for Lithuania

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.

Lubomir Cech 07/07/2023 · 1 min read

Passenger Rail

INSIGHT: Renfe’s fleet renewal in a comprehensive overview

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.

Lubomir Cech 06/07/2023 · 3 min read

Freight Rail

CPKC reveals new livery of locomotives and an interchange with CSX in Alabama via G&W

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.

Lubomir Cech 04/07/2023 · 2 min read

Freight Rail

Kombiverkehr intermodal transport grew despite challenging conditions

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.

Lubomir Cech 22/06/2023 · 2 min read

Freight Rail

RCG extends partnership for transports for voestalpine for two more years

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.

Lubomir Cech 14/06/2023 · 1 min read

Business

EBRD provides €200 million loan to Ukrainian Railways for better links with the EU

The European Bank for Reconstruction and Development (EBRD) has announced a loan of €200 million to Ukrainian Railways (Ukrzaliznytsya or UZ).

Lubomir Cech 13/06/2023 · 2 min read

Freight Rail

SBB Cargo is fully owned by SBB again

SBB, the Swiss Federal Railways, is buying back the 35% stake in the rail freight carrier SBB Cargo from its minority shareholder, Swiss Combi.

Lubomir Cech 08/06/2023 · 3 min read

Freight Rail

PKP CARGO achieved a positive Q1 of 2023, economic slowdown ahead

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.

Lubomir Cech 05/06/2023 · 2 min read

Freight Rail

Divestments as a solution to tough market conditions at Operail

Operail, the Estonian state-owned railway company, has managed to weather a difficult financial year by divesting non-strategic businesses.

Lubomir Cech 01/06/2023 · 3 min read

Technology & Innovation

Wabtec and DB Sign Partnership Agreement

Wabtec Corporation and Deutsche Bahn (DB) have officially signed an agreement to collaborate on optimising the maintenance and operation of Wabtec equipment installed on Deutsche Bahn trains.

Lubomir Cech 26/05/2023 · 2 min read

Business

Canadian transport minister appoints new CEO of VIA Rail Canada

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.

Lubomir Cech 19/05/2023 · 2 min read

Business

Renfe and EFE Sign MoU to Study Potential Future Cooperation

Spanish railway operator Renfe signed a cooperation agreement with the Chilean state railway company, EFE. The Memorandum of Understanding aims at materialising future collaborations.

Lubomir Cech 17/05/2023 · 1 min read

Business

Rohlig SUUS: New MoB for Central and Eastern Europe

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.

Karel Novak 16/05/2023 · 2 min read

Freight Rail

AITX Enters European Wagon Services Market, Names New Head of AITX Rail Europe

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.

Lubomir Cech 16/05/2023 · 1 min read

Passenger Rail

A new CEO for VR Sverige: Johan Oscarsson

VR Sverige, a member of the Finnish VR Group, has a new CEO. With 25 years of experience in the railway industry, the Swedish branch will now be led by Johan Oscarsson.

Lubomir Cech 28/04/2023 · 2 min read

Freight Rail

VTG: New European Sales Director

Klaus Wessing takes over as Head of Sales and Operations.

Karel Novak 20/04/2023 · 2 min read

Freight Rail

Štefan Eštók, CER: We are expanding into Poland

In an exclusive interview with RAILMARKET.com, Štefan Eštók, Deputy General Manager of CER Cargo Holding, reveals the company's plans for Europe.

Karel Novak 18/04/2023 · 4 min read

Business

Green Cargo: new interim CEO

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.

Karel Novak 14/04/2023 · 1 min read

Business

VTG: New Managing Director

Tobias Behncke new head of Retrack Germany

Karel Novak 12/04/2023 · 2 min read