Business

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

Business

DB wants to sale DB Schenker

The Supervisory Board of Deutsche Bahn AG (DB) has assigned DB's Management Board the task of examining and preparing the case for a potential sale of up to 100% of its shares in DB Schenker. Decisions as to the categorical initiation of a divestment process and the form any sale may take will be made separately at a later date.

Karel Novak December 19, 2022 · 2 min read

Business

Deutsche Bahn employees receive a 150 euro energy-saving bonus in December

The DB initiative launched in the summer was alleged "a complete success".

Karel Novak December 15, 2022 · 2 min read

Business

Changes at the top management of A. P. Møller - Mærsk A/S

The Board of Directors of A. P. Møller - Mærsk A/S announces planned CEO transition: Soren Skou retires as CEO, handing the baton to Vincent Clerc, who is appointed new CEO.

Karel Novak December 14, 2022 · 3 min read

Business

CER: urgent call to today's energy ministers' meeting

In view of the extraordinary Energy Council today, the Community of European Railway and Infrastructure Companies (CER) reiterates the need for low-carbon, energy-efficient rail to be supported if the EU is to achieve its climate and energy targets in 2030.

Karel Novak December 13, 2022 · 2 min read

Business

Massive infrastructure investments in Poland

Analysis of Polish freight as well as passenger rail transport.

Karel Novak December 8, 2022 · 4 min read

Business

Gottfried Eymer: new CEO of Etihad Rail Freight

Current Rail Cargo Group Board Member for Sales and Marketing will become the chief of the UAE company.

Karel Novak December 7, 2022 · 2 min read

Business

Rail Baltica announced new procurement

It concerns design services for the construction of the new line through Kaunas Urban Node. All interested suppliers can submit their applications by 16 January 2023.

Karel Novak November 28, 2022 · 3 min read

Business

A.P. Moller – Maersk adds Khazaen Dry Port to its global network of port calls

A.P. Moller – Maersk (Maersk) has added Khazaen Dry port (KDP), part of Asyad Group, to its ‘Port of Call’ network offering business transportation, container terminal, and reefer container services.

Karel Novak November 25, 2022 · 2 min read

Business

Wabtec acquires Super Metal to grow its railway maintenance

Wabtec Corporation announced a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations.

Karel Novak November 22, 2022 · 2 min read

Business

Polish energy group Unimot wants to buy Olavion company

Unimot Group invests in rail transport logistics and announces terms and conditions of the purchase of shares of the company Olavion.

Karel Novak November 22, 2022 · 2 min read

Business

CER members support gender equality in the rail sector

The aim is to attract more women to the rail sector and to guarantee greater protection and equal treatment for women in the workplace.

Marketa Horpeniakova November 19, 2022 · 2 min read

Business

Frank Berweger becomes the new CCO at Lineas

Frank Berweger took over this position effective from 1 November, replacing Lars Redeligx.

Marketa Horpeniakova November 8, 2022 · 2 min read

Business

Ondřej Jašek, DB Cargo: super-modern locomotives run trains on 19th-century tracks

Sustainability in supply chains and the impact on carbon footprint. This was the issue of a panel discussion at WOF Expo 2022 Prague with representatives of DB Cargo, Metrans, Supply Chain Institute, and Railvis.com.

Karel Novak November 7, 2022 · 3 min read

Business

DB Schenker expands its team with two international top managers

Hessel Verhage will head contract logistics and Jakob Wegge-Larsen has been appointed as the new CFO.

Marketa Horpeniakova November 4, 2022 · 2 min read

Business

Nevomo gets funding from EIT InnoEnergy to help build new-generation high-speed railway technology

Nevomo wants to modernize existing railways in Europe by implementing MagRail technology, which is inspired by the hyperloop.

Marketa Horpeniakova November 3, 2022 · 3 min read

Business

EC approves German prolongation to encourage freight traffic to shift from road to rail and inland waterways

Besides prolongation, the European Commission has approved also the modification of a German scheme to shift freight transport from road to inland waterways and rail. The measure originally approved by the Commission in October 2002 and prolonged on six occasions, most recently in April 2022, was set to expire in September 2022.

Karel Novak November 1, 2022 · 1 min read

Business

Progress Rail changes top managers

John Newman was appointed as the president and CEO of Progress Rail and vice president of Caterpillar, which is the owner of Progress Rail. He replaces Marty Haycraft to retire.

Karel Novak October 28, 2022 · 3 min read

Business

Marc Llistosella, former top manager at Daimler Truck, will become new Knorr Bremse CEO

The Supervisory Board of Knorr-Bremse AG voted unanimously at its meeting to appoint Marc Llistosella as the Chief Executive Officer of Knorr-Bremse AG for a period of three years with effect from January 1, 2023.

Karel Novak October 26, 2022 · 3 min read

Business

Port of Rotterdam: big changes regarding LNG (+74 %) and coal indicate that energy landscape has changed dramatically

In the first nine months of 2022, almost the same freight volume was handled in the port of Rotterdam as last year: 351 million tonnes (+0.3%).

Karel Novak October 25, 2022 · 4 min read

Business

Rail Baltica signed an agreement with CINEA for further financing of the project

The total budget under this agreement is €422.6 million, out of which €353.9 million will be from EU funding.

Marketa Horpeniakova October 24, 2022 · 3 min read