Efforts to increase exports from Ukraine are led by rail operators like Austrian logistics specialist ÖBB Rail Cargo Group (RCG), which announced it will step up grain transport from the war-torn country.Read more
The Hungarian subsidiary of EUROGATE will connect the new East-West Gate terminal in Fényeslitke with its rail network. The two parties signed a cooperation agreement on 1 June to this extend. EUROGATE Rail Hungary (ERH)will...Read more
Hungary is moving ahead with the V0 rail freight line bypassing Budapest, despite the complicated relationship it currently has with Russia. Russia vowed to support the construction of the east-west bypass in February this year,...Read more
With energy prices hitting new record highs in May, rail freight carriers face new challenges to keep their costs in check. Surcharges have become inevitable, efficiency is becoming the norm and in some countries, it...Read more
Hungarian authorities have selected the route and destinations of the V0 rail freight line bypassing Budapest. The dedicated freight corridor connecting the eastern part of the country with the west and extending to Austria “will...Read more
The renovation of the railway section connecting Belgrade with Novi Sad in Serbia officially ended, with the first train already running on 19 March. The section is part of the long-awaited railway line connecting Serbia...Read more
Domestic intermodal traffic in Hungary grew by more than 13 per cent in 2021 compared to 2020. Trends show that it will expand more in the coming years, says the Association of Hungarian Logistics Service...Read more
Traction prices of rail freight in Hungary are going to be higher than estimated. The high prices are a direct result of the rising energy costs, but pose a challenge to the rail freight industry,...Read more
LIVE BLOGOn Thursday 24 February, Russian military forces launched attacks on multiple fronts in Ukraine, among others the cities Kramatorsk, Charkov, Odessa en Kiev. Some of these regions play an important role on the New Silk...Read more
The Commission has approved an investment of over 80 million euros from the Cohesion Fund to improve train connections for freight and passenger transport in the region of Northern Great Plain in Hungary.Read more
The joint railway venture consisting of Russia, Hungary and Austria will be established this Spring. The foreign minister of Hungary met recently with the CEO of Russian Railways and discussed, among other things, the details...Read more
The Hungarian government is going to invest 12.4 billion Hungarian forint (around 35 million euros) in the Záhony region, the region bordering Ukraine. It made this announcement last Friday, just three days after Russia had...Read more
Russia is considering to help finance the construction of railway line V0, the Hungarian bypass to Budapest that will connect the border with Ukraine to the border with Austria. It is one of the first...Read more
The Hamburg-based Eurogate Intermodal has renamed its Hungarian subsidiary Floyd to Eurogate Rail Hungary. The name change took effect on Wednesday 12 January. The rebranding will not affect customer and partner relations, the company promises.Read more
The increased electricity prices in Hungary have led METRANS completely out of its freight rate calculations for 2022. The company had calculated its pricing in October 2021. However, “the unpredictable traction price increases” might lead...Read more
The Hungarian railway association Hungrail is fearing rising rail freight costs in 2022 due to the spike in energy prices. It foresees an increase of 25-30 per cent in rail freight rates and a reversed...Read more
Russia, Hungary and Austria have formed a joint venture that will take the role of freight forwarder and logistics provider on the New Silk Road. The partnership consists of Russian Railways Holding, CER Cargo Holding...Read more
Metrans has successfully launched its new connection between Hungary and Romania. Three days per week a blocktrain moves between Budapest and Arad, in both directions. It is one of the new services that Metrans launched...Read more
