CARGOUNIT secures EUR 150 million for new locomotives
The funding is part of a financing platform established in 2023, bringing the company’s total available debt facilities to over EUR 480 million.
The funding is part of a financing platform established in 2023, bringing the company’s total available debt facilities to over EUR 480 million.
Talgo and CAF, Spain’s two major rolling stock manufacturers, have published their financial results for 2024, showing revenue growth and continued project execution.
The initiative is part of the company's long-term development plan, which aims to expand intermodal freight transport across Europe.
The company, which operates rail services in the UK and the Nordics, aims to leverage its experience in managing large-scale rail networks in new markets.
European railway leaders share a vision for the future, with a strategy for financing, digitalisation, military mobility, and connectivity.
Deutsche Bahn (DB) and the labour union EVG have reached a collective agreement after three weeks and three rounds of negotiations, without any strikes.
The company attributes the downturn to economic conditions that have led to a decline in customer demand for rail freight services.
In an exclusive interview with Petr Nedomlel, Director of the Rail Safety Operation Department of the Czech Republic's largest rail freight operator, ČD Cargo, we discussed the future of train safety, the advantages of the ETCS system and other railway issues.
Spanish government blocks foreign takeover efforts, fearing moving of production outside of Spain.
Founded in 1965 in Zug, Switzerland, and Helsingborg, Sweden, the company has expanded its presence across multiple European markets while growing its fleet and service offerings.
As part of the initiative, an associated company hired three migrant workers in January 2025 after they completed structured training and certification.
If accepted, the proposal could lead to a public acquisition offer for Talgo’s shares.
The Association of European Rail Rolling Stock Lessors (AERRL) has unveiled its latest Manifesto, covering the period from 2024 to 2029.
The agreement, presented on February 5, 2025, outlines the transition of the facility, currently used for rail vehicle production, to a defense manufacturing site under KNDS.
The Spanish government has authorized Renfe to create subsidiaries in France and Mexico, providing the company with a dedicated legal structure for its activities in both markets.
The acquisition increases Alonso Group’s operational reach in rail logistics while maintaining CEFSA’s existing management structure.
The newly established entity has completed the acquisition of Lehigh Valley Rail Management (LVRM), which operates freight rail and intermodal terminal infrastructure in Pennsylvania.
With 120.000 applications for around 4.000 vacancies, ÖBB set a new record - 40.000 more than in the previous year and more than ever before.
The company continues to search for solutions to stabilize its financial position while prioritizing the immediate needs of its employees.
The number of general directorates will be reduced from nine to six, with a greater focus on passenger experience and operational efficiency.