Operail CEO refutes media accusations: “Operail Finland sold at fair price”
The CEO of Operail, Merle Kurvits, has responded to media attention for Operail Finland’s sale. Estonian media recently said Operail Finland’s sale was a 12 million euro “gift” to the Finnish rail industry. Kurvits refutes...Read more
French shippers say rail freight improves but remains ‘very inadequate’
The findings of the latest annual study by the Association des Utilisateurs de Transport de Fret (AUTF) on how French shippers view the service offerings of the rail freight and combined transport sectors confirm an...Read more
Ukrainian Railways is planning to launch 18 new European routes
Ukrainian Railways is planning to launch 18 new routes to European countries. Additionally, the company will seek to restore and build new multimodal container terminals throughout Ukraine.Read more
French rail cooperative Railcoop to be dissolved next week
After five years of struggles to remain financially viable, French rail cooperative Railcoop will come to an end next week. The Cahors Commercial Court shall decide the future of Railcoop on Monday 15 April, and...Read more
Operail Finland sale was 12 million euro “gift” to Finnish business
Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year it sold Operail Finland, the former name of the subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a...Read more
Amazon onboards Mercitalia trains between Italy-Germany
New dealAmazon signed an agreement with the Italian state-owned rail freight group Mercitalia. The contract envisioned the rail transportation of goods between Amazon’s distribution centres in Italy and Germany.Read more
CMA CGM and GTS Rail go international with new joint venture
French shipping giant CMA CGM and Italian rail freight operator GTS Rail are establishing a new joint venture (JV) called European Container Network to take their collaboration to an international level. The two companies are...Read more
ScanMed corridor sees 2024 rebound
The Scandinavian-Mediterranean corridor (ScanMed) is experiencing a rebound in volume and performance in 2024. The infrastructure managers (IMs) of the involved countries attribute the rebound primarily to completion of works along the corridor.Read more
Russian Railways’ revenue grows to 3 trillion rubles in 2023
Russian Railways’ (RZD) revenue has grown to 3 trillion rubles (30 billion euros) in 2023. This is an increase of 16 per cent. The growth in revenue is mostly driven by higher income from freight...Read more
Five French road hauliers to drive modal shift to rail in Western France
Several road haulage and logistics operators in Western France’s Pays de la Loire region have joined forces to drive a modal shift to rail and create a combined transport terminal in the coming years.Read more
RCG launches new connections to Germany and Turkey via Romania
Austrian rail freight operator Rail Cargo Group recently launched two new connections from Munich, in southern Germany, and from Tekirdag, in northwestern Turkey. The centre of this initiative is Curtici, in western Romania, as the...Read more
First indicative offers for DB Schenker are in
The sale of DB Schenker, the logistics arm of Deutsche Bahn (DB), seems to have entered a new phase. The deadline for submitting indicative, non-binding offers was Tuesday, 26 March, and at least seven interested...Read more
Ukrainian iron ore exports through Polish border crossing up by 43%
Ukraine’s iron ore exports through the Polish Izov-Hrubieszów border crossing have grown by 43 per cent in March. Ukrainian Railways has observed a growing trend throughout 2024. Other types of goods saw their volumes decrease.Read more
MSC acquires French forwarder extending Eurasian rail network
MSC is officially ready to acquire the majority shares of French freight forwarder Clasquin. The two parties have agreed on the specifics of the transfer and will soon proceed to the merger of operations. MSC...Read more
UPS puts parcels on rail with CargoBeamer
Parcel giant UPS has been testing rail freight transport services between its hubs in Milan, in northern Italy, and Herne, in western Germany. The tests, in cooperation with CargoBeamer, started in October, with two UPS...Read more
AD Ports Group acquires majority share in Tbilisi Dry Port
AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but...Read more
DB Cargo misses financial targets, volumes and performance drop
In a “negative as expected” year, Deutsche Bahn’s financial performance was again in the red. Losses were not avoided in 2023, and the Group’s freight subsidiary DB Cargo was no exception. The state-owned freight carrier...Read more
Rail freight across the Alps dropped, but not because of the Gotthard
Freight transport across the Alps in 2023 decreased both when it comes to road and rail, according to the Swiss Federal Office of Transport (FOT). Concerning rail freight, volumes dropped by 5.9 per cent compared...Read more
FESCO signs rail agreements with 5 Chinese logistics companies
Russian logistics company FESCO has signed agreements with five Chinese logistics companies. The agreements, by and large, concern rail freight.Read more