Business

Freightliner jumbo train, source: Freightliner

Freightliner sets new haulage record in UK

British rail operator Freightliner, a subsidiary of Genesee & Wyoming (G&W), has successfully hauled a train weighing 4,624 tonnes. It has become the heaviest jumbo train in the UK. The trial transportation of aggregate between...Read more
|Comment|author: Mykola Zasiadko
Altaivagon flatcar, source: Altaivagon

Russian Railways purchases 2,000 flatcars

Federal Freight, subsidiary of Russian Railways, has ordered 2,000 flatcars from Altaivagon. The first wagons will be delivered this year while the entire order should be fulfilled by the end of 2021. The new order costs...Read more
|Comment|author: Mykola Zasiadko

Genesee & Wyoming sold for 6.4 billion Dollars

The American railway company Genesee & Wyoming Inc (G&W) has been sold. Canada’s Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to acquire the freight railroad owner. The company owns...Read more
|Comment|author: Majorie van Leijen
DB Schenker train

DB Schenker will not be sold

Deutsche Bahn wants to focus on its core business in the coming years. This means, among other things, that the market share of DB Cargo must increase considerably. CEO Richard Lutz also announced that DB...Read more
|Comment|author: Tom van Gurp

MSC acquires Spanish rail freight operator

The Swiss sea shipping company Mediterranean Shipping Company (MSC) has acquired most shares of the Spanish rail operator Laumar Terminales Ferroviarias, previously owned by Laumar Cargo. Laumar Terminales Ferroviarias manages rail freight warehouses in Vicalvaro...Read more
|Comment|author: Jose Gutierrez
Port of Koper, source: Luka Koper

Poland new hinterland for port of Koper

The Slovenian port of Koper has a well-developed rail freight network linking to neighbouring landlocked countries such as Austria and Hungary. The harbour is also an important gateway for Slovakia and Czechia. In the last...Read more
|Comment|author: Mykola Zasiadko

More traffic, less income for Renfe Mercancias

The Spanish rail freight company Renfe Mercancías witnessed a slight increase in traffic volumes despite its financial losses in Q1 2019. The volumes surged to 4.64 million tonnes in the first three months, an increase...Read more
|Comment|author: Jose Gutierrez