SBB’s black results cannot hide single wagonload financial bleed-out
The Swiss SBB Group brought its finances back to the black in 2023 for the first time since 2019. Strong passenger transport performance led the Group’s recovery. Cargo performance was still in the red for...Read more
Strike in Finland halts rail freight services and exports
A number of Finnish trade unions started a political strike Monday 11 March which will continue until 25 March. The initiative has a significant impact on the Finnish transport industry, including rail freight. According to...Read more
LTG Cargo launches first cross-Baltic service
Lithuanian state-owned rail freight operator, LTG Cargo, recently started transporting petroleum products between Bugeniai, in Luthiania, and Valga, in Estonia. The initiative is another reflection of how operators in the Baltics are looking to diversify...Read more
Maersk still in the race for DB Schenker’s acquisition, says CEO
After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims it’s still here...Read more
Rail Cargo Group establishes two new Italian connections
Rail Cargo Group (RCG), the rail subsidiary for Austrian national rail operator ÖBB, has announced that it is launching two new rail connections between Italy and Germany. Alongside the two new connections, it is increasing...Read more
Container rates surged amid Red Sea blockade
The blockade of the Red Sea has caused serious headaches for the freight forwarding companies. Container rates are going through the roof, and many companies chose to switch transport modalities or divert their routes and...Read more
Metrans adds rail freight connections to Turkey
The Metrans’ service connecting Halkali, west of Istanbul, to Dunajska Streda, in Slovakia, is getting to extra stops: Belgrade and Budapest. The new initiative, the company said, comes as a response to the increased demand...Read more
Fret SNCF urges government to postpone company discontinuation
The Social and Economic Committee (CSE) of Fret SNCF recently sent a letter to the French government asking to introduce a moratorium to review the discontinuation of the company. “We believe that the hasty action...Read more
German chemical industry says it is suffering from continuous rail strikes
The German chemical industry is suffering from the continuous rail strikes, according to branch organisation VCI. The organisation’s director states that the industry cannot afford more strikes, and calls for labour union GDL and Deutsche...Read more
Russia profits from Red Sea crisis, sees rail freight to Europe grow
Russian Railways (RZD) is benefitting from the ongoing crisis in the Red Sea, according to a number of European logistics companies. As maritime shippers have diverted their routes, logistics companies are getting more and more...Read more
Danish DSV becomes frontrunner for DB Schenker acquisition
The sale of DB Schenker, Deutsche Bahn’s logistics arm, might have found its suitor. Danish shipping giant DSV signed an agreement with two investment banks to gather enough funds to conclude the purchase. On the...Read more
After Germany, China is also planning to build a transport hub in Uzbekistan
China is planning to build a transport hub in Uzbekistan. The Chinese logistics company Shenzhen Neptune Logistics announced plans to contribute approximately fifteen million dollars to that end. It is not the first foreign company...Read more
Kombiverkehr launches regular service between Rotterdam and Cologne-Eifeltor
German rail freight operator Kombiverkehr is launching a new service between Rotterdam and Cologne-Eifeltor. The service will run three times a week and is available for nearly all types of goods, except dangerous goods of...Read more
SNCF Group in the black for third consecutive year, freight EBITDA also positive
The SNCF Group has recorded a third consecutive year in the black, thanks mainly to the strong performance of its high-speed (TGV) passenger services. Net profit totalled 1.3 billion euros compared to the record figure...Read more
Port of Liege invests in extending container capacity at multimodal hub
Belgium’s inland Port of Liège (PAL) has invested more than 9 million euros in expanding the container terminal at its Trilogiport road-river-rail freight hub.Read more
MSC expands rail presence in Italian ports
The month of February saw shipping giant MSC taking further steps to solidify its presence in Italy, with a focus on rail freight. The company recently became a shareholder in Rail Hub Europe, the entity...Read more
Polish operator bills farmers blocking its tracks: 1,3 million PLN for a day
PKP LHS, the operator and manager of the Polish Linia Hutnicza Szerokotorowa (LHS) line, has billed protesting farmers over a million Polish złoty for blocking its tracks. Polish farmers are protesting the import and transit...Read more
Rail freight in Italy set back in 2023, subsidies are key to remain afloat
The Italian rail freight sector had to deal with various hiccups throughout 2023 which led to a general drop across the whole industry. RailFreight.com had a chat with Giuseppe Rizzi, managing director of Italy’s largest...Read more
PJSC TransContainer in U.S. sanctions list: “Business continues as usual,” says company
Russian intermodal container operator PJSC TransContainer is included in the latest sanction package published by the U.S. Department of the Treasury. The Russia-based company will no longer be able to conduct business with U.S. entities....Read more