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
DB Cargo appears to be on track to laying off or reemploying thousands of employees as part of its economic rehabilitation programme. Its mother company, DB, aims to reduce its subsidiary’s workforce by 1,800 employees...Read more
INTERVIEWFor many countries, Switzerland is an example to look up to when setting up a rail freight transport and infrastructure policy. Just like Swiss clocks, the rail industry is working with accuracy. That, however, does...Read more
The discussion around the much-contested German federal state budget for 2024 and financial strategy until 2027 is settling down as the first palpable rail investments come forward. One of the most important parts of the...Read more
DB Cargo is going through some challenging times that have raised concerns regarding its future. Single wagon traffic is deemed unprofitable and could reduce massively, while an avalanche of lost jobs could hit the company’s...Read more
Another incentive is added for rail companies in France and a booster for the French national rail freight development plan. Last week, the European Commission approved a 450 million euros state aid scheme to support...Read more
“The last few years have shown that rail freight in Switzerland can hardly be financed independently”, claimed the Swiss Federal Council. As a result, “there is a need for further reforms with a particular focus...Read more
The new German government coalition will invest “considerably more in the railways than in the roads”. The SPD, Greens and FDP presented their plans in a coalition agreement on Wednesday, including plans to lower infrastructure...Read more
Rail freight companies in Hungary can apply for a fund to keep running single wagon transport services. For this year, an expected grant of 1 billion Hungarian forint (2.8 million euros) is made available. In...Read more
