Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have...Read more
‘Company should be in control of own supply chain’
The logistics know-how among shippers is not always as it used to be, while the reliance on third parties that take care of everything for them is still growing. This is an unfavorable trend, as...Read more
EU rail sector joins forces for sustainable and smart mobility
The European rail sector has joined forces to contribute to the forthcoming EU strategy for sustainable and smart mobility. Represented by the Community of European Railway and Infrastructure Companies (CER), the Association of the European...Read more
UK’s rail-making plant British Steel sold to Chinese
The company responsible for the making of UK’s railway, British Steel, has been sold to the Chinese Jingye Group. The 3000-strong local workforce has met the news with relief, and the rail industry says it...Read more