Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.
The Free and Hanseatic City of Hamburg and Siemens Mobility GmbH announced at the UITP Congress in Barcelona that they will further intensify their cooperation to promote sustainability in rail transport.
The new plant aims to streamline operations, improve service quality, and potentially double production to 80 wheelsets per month.
The integrated green product, combining Tesmec Rail vehicles with Škoda Group's electrically-powered traction solutions, will serve the rail diagnostics, catenary construction and maintenance vehicle markets.
The acquisition of Optrail S.r.l. by Siemens Mobility has been completed. Optrail S.r.l. is an Italian technology company that develops novel algorithms for traffic management systems (TMS) using operations research and mathematical optimisation techniques.
This equipment will increase train reliability and availability, improving connectivity and sustainability in Europe's high-speed rail system.
Despite challenges at the beginning of 2022, rolling highway operator RAlpin recorded a 4% increase compared to the previous year.
A joint venture agreement has been signed by Kazakhstan Railways (KTZ) and PSA International (PSA), one of the biggest operators of container port facilities in the world.
In the context of the new investment of the Chinese company COSCO in the Port of Hamburg, RAILMARKET.com NEWS interviewed Petr Rožek, Managing Director of the Association of Forwarding & Logistics of the Czech Republic. At the recently concluded Transport & Logistic trade fair in Munich, we've been interested in his views on future logistics relations between Europe and China.
In the first quarter of 2023, Combined Transport in Europe experienced a significant decline of 13.96% compared to the same period in the previous year, reports Union Internationale Pour le Transport Combine Rail-Route (UIRR).
The Canadian government-owned passenger rail company VIA Rail Canada Inc. will have a new CEO from 12 June 2023. Mario Péloquin will lead the company.
Cargo-partner, the esteemed global logistics player and an important partner for intermodal rail companies, has been sold to a Japanese company Nippon Express Holdings (NX Group).
Spanish railway operator Renfe signed a cooperation agreement with the Chilean state railway company, EFE. The Memorandum of Understanding aims at materialising future collaborations.
Rohlig SUUS Logistics, Poland's largest logistics operator, has appointed Artur Malarski as a new member of the board, responsible for the development of foreign companies in Central and Eastern European markets.
Getlink, a company that manages and operates the Channel Tunnel between the UK and France, is rebranding its shuttle train service, now to be known as LeShuttle.
Within the framework of the international exhibition Transport logistic 2023 in Munich, the delegation of JSC Ukrzaliznytsia signed a MoU with the German logistics company VTG.
After DB filed an urgent application in court and EVG's wage demands were met, the unions called off the announced two-day strike scheduled for Sunday night.
The German government has approved the purchase of share in operations of a container terminal in the port of Hamburg, amid a political controversy over Chinese investment.
GIC, one of the three investment entities managing the government reserves of Singapore, has become a majority shareholder of a leading European electric locomotives leasing company, Railpool.
The Rail Innovators Group (RIG) has expanded its cooperation with Reichmuth Infrastructure (Reichmuth) by acquiring a 49% stake in RIG's wagon leasing subsidiary Railrelease.
GCRE has received its first rail carriage from train manufacturer Talgo, marking the start of a long-term partnership between the two companies. The carriage will be based at the south Wales site and transformed into a visitor's center while the GCRE facility is under construction.