Business

Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.

Business

GCRE and Talgo team up to deliver net-zero railway innovation in the UK

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.

Marketa Horpeniakova May 1, 2023 · 2 min read

Business

Port of Rotterdam 1Q2023: Slight decline in freight throughput

In the first quarter of 2023, the port of Rotterdam handled 1.5% less goods than in the same period last year. A total of 111.7 million tonnes were handled, compared with 113.4 million tonnes in the same period in 2022.

Karel Novak April 25, 2023 · 3 min read

Business

Green Cargo: new interim CEO

Green Cargo's Board of Directors has appointed Peter Viinapuu as interim CEO of Green Cargo AB. He will take up his position on 17 April and will serve until Henrik Dahlin takes over as permanent CEO on 16 September at the latest.

Karel Novak April 14, 2023 · 1 min read

Business

VTG: New Managing Director

Tobias Behncke new head of Retrack Germany

Karel Novak April 12, 2023 · 2 min read

Business

New SCI Verkehr study on HSR traffic worldwide: Asia down, Europe up

These two regions account for 90% of the world's high-speed rail infrastructure and more than 95% of the world's rolling stock.

Karel Novak April 10, 2023 · 4 min read

Business

Maasvlakte II terminal to be expanded for €1 billion

The Port of Rotterdam Authority and APM Terminals sign an agreement for the expansion of the Maasvlakte II terminal in Rotterdam. The project covers an area of approximately 47.5 hectares with 1,000 metres of deep-water quay.

Karel Novak April 4, 2023 · 2 min read

Business

EU goals for intermodal freight transport "simply unrealistic", says the report of ECA

Efforts to shift freight from road to other modes of transport have been ineffective due to regulatory and infrastructure barriers, according to a report published by the European Court of Auditors. The report highlights the need for a dedicated EU strategy for intermodal freight transport, as well as new legislative measures to address capacity management and interoperability issues.

Marketa Horpeniakova April 4, 2023 · 2 min read

Business

More locomotives from Munich: Siemens expands its Allach plant

Siemens Mobility will expand its locomotives production capacity in the Munich-Allach manufacturing plant to over 300 locomotives per year.

Lubomir Cech April 3, 2023 · 2 min read

Business

Škoda Group further strengthens its top management

As of 1 April, there have been two changes in the Škoda Group's top management. Jan Christoph Harder (50) has taken over the position of President Region West and Laurent Fromont (56) has taken over the position of Senior Vice President Rolling Stock Engineering.

Karel Novak April 3, 2023 · 3 min read

Business

RCG: Improved transport solutions for maritime goods traffic between Austria and Italy

Two new connections between Austria and Italy allow faster turnaround times for full container shipments and offer efficient connections in RCG's intermodal network.

Marketa Horpeniakova March 29, 2023 · 2 min read

Business

Yevhen Liashchenko: New Chairman of the Board of Directors of JSC "Ukrainian Railways"

The proposal of the company's Supervisory Board was approved by the Cabinet of Ministers of Ukraine.

Karel Novak March 28, 2023 · 3 min read

Business

ÖBB Rail Cargo Group and STRABAG: container homes for earthquake victims

ÖBB Rail Cargo Group and STRABAG SE are providing housing for people affected by the earthquakes in February in the province of Adıyaman in south-eastern Turkey.

Karel Novak March 21, 2023 · 3 min read

Business

UP: New Senior Vice President of Transportation

Union Pacific Corporation has appointed Brian Barr as senior vice president of transportation, effective April 15.

Karel Novak March 16, 2023 · 2 min read

Business

Alarm in Germany: DB to work with Huawei

DB chooses Huawei technology to digitise rail network, critics fear could allow Beijing to disrupt railways.

Karel Novak March 13, 2023 · 2 min read

Business

Siemens Mobility to invest $220m in rail manufacturing in North Carolina

Production in Lexington, North Carolina, will begin in 2024 and the facility will create more than 500 jobs by 2028.

Karel Novak March 13, 2023 · 2 min read

Business

UK Major Ports Group: new CEO Geraint Evans, former Boris Johnson advisor

The UK Major Ports Group (UKMPG), the trade association for the UK's major port operators, has appointed former UK Government Special Advisor Geraint Evans as the organisation's new Chief Executive Officer.

Karel Novak March 9, 2023 · 3 min read

Business

TransLogistica Romania: an annual event for transport and logistics companies

The international transport and logistics exhibition, TransLogistica Romania, is an annual gathering of industry specialists from all over the world. This year, the event will take place from September 19 - 21, 2023 at the Central Pavilion of the Romexpo complex in Bucharest, Romania.

RAILMARKET NEWS March 4, 2023 · 2 min read

Business

Alexander Kamyshin, Chairman of Ukrainian Railways, has resigned

He will be working in EU structures on the European integration of Ukrainian Railways.

Karel Novak February 28, 2023 · 2 min read

Business

Kosovo: next EUR 38 million for upgrading freight and passenger railways

To date, the EIB has invested over €1.2 billion in the Western Balkans rail sector, supporting regional cooperation and connectivity.

Karel Novak February 23, 2023 · 3 min read

Business

USDOT calls on rail industry to take immediate action after Ohio derailment

Calls for immediate action include: The freight rail industry should accelerate the deployment of safer tank cars and provide workers with paid sick leave, and Congress can raise existing caps on fines for rail safety regulations.

Karel Novak February 23, 2023 · 2 min read