Business

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

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

Business

Martin Hubeňák, Port of Antwerp-Bruges: Increase in supply related to energy crisis, fall in consumer goods

Martin Hubeňák, Port Representative Central and Eastern Europe of Port of Antwerp-Bruges, estimates logistics development in the next months in an interview for RAILMARKET.com

Karel Novak October 20, 2022 · 6 min read

Business

CER calls on European Commission to protect railways from rising electricity prices

European rail CEOs have sent an open letter to the European Commission calling on Ursula von der Leyen to take further extraordinary measures to safeguard the railways.

Marketa Horpeniakova October 19, 2022 · 3 min read

Business

Wabtec and Akiem sign service contract to maximize locomotive availability in Germany and France

Wabtec will maintain critical equipment for locomotive fleets in Europe for five years.

Marketa Horpeniakova October 17, 2022 · 2 min read

Business

Sabotage on the German railway: police examine the possibility of a political motive

Rail traffic in northern Germany was paralyzed on Saturday. The case is being examined by security authorities on suspicion of sabotage.

Marketa Horpeniakova October 12, 2022 · 2 min read

Business

9 years, 3 phases, and 335 million euros: renewal of Europa Terminal at Port of Antwerp-Bruges

The Port of Antwerp-Bruges and PSA Antwerp gave the official green light for the renewal of the quayside and terminal at Europa Terminal.

Karel Novak October 11, 2022 · 2 min read

Business

Germany: rail projects delayed by decades, Pro-Rail Alliance claims

Its calculations are based on current data from the budget committee of the Bundestag. Therefore Pro-Rail Alliance demands a share of HGV toll revenues for rail infrastructure.

Karel Novak October 10, 2022 · 3 min read

Business

Wascosa appoints Iris Hilb as the new CEO from 1st January 2023

She will take over from Peter Balzer, the current CEO, who will continue to assist with the smooth implementation of Wascosa’s development strategy as Chairman of the Board of Directors of Wascosa Holding.

Karel Novak October 10, 2022 · 2 min read

Business

BNSF to build new integrated rail complex in Barstow in Southern California for $1,5 billion

First-of-its-kind integrated facility will create 20,000 direct and indirect jobs, and reduce port and freeway congestion around the Ports of Los Angeles and Long Beach.

Karel Novak October 7, 2022 · 3 min read

Business

Alstom has launched an aluminum welding line at its rolling stock site in Wroclaw, Poland

The new aluminum welding line will create at least 100 new jobs at Alstom's Wroclaw plant and is linked to investments of almost €10 million.

Karel Novak October 6, 2022 · 2 min read

Business

CER appeals to EU members to consider introducing guaranteed supply of energy and price caps on electricity for rail

The Community of European Railway and Infrastructure Companies (CER) stresses the need to avoid a paradoxical situation where fossil-fuel-reliant transport modes gain a competitive advantage over more sustainable, electric-based transport modes such as railways.

Karel Novak October 6, 2022 · 3 min read

Business

Suspicious death of Russian Railway company top manager

The body of a 52-year-old railway manager was found on the balcony of his Moscow apartment last week.

Marketa Horpeniakova October 5, 2022 · 2 min read

Business

New intermodal service between Poland and Italy

Hupac offers new opportunities for climate-friendly transport between Italy and Poland. A direct shuttle train will start on 10.10.2022.

Karel Novak October 5, 2022 · 1 min read

Business

Bulmarket is buying 100 % of Vest Trans Rail

The deal is estimated to be 17 mil EUR

Karel Novak October 4, 2022 · 1 min read

Business

Mathias Leiner joins the management team of ERS Railways, member of the Hupac Group

Mathias Leiner, 44, will start as the second managing director at ERS Railways. In this position, he will take over the management of the Hamburg-based intermodal transport operator together with managing director Bernd Decker.

Karel Novak October 4, 2022 · 2 min read

Business

CargoBeamer operates the first intermodal train between Marseille and Calais

The train serves as the first successful railway line for unaccompanied transport of craneable and non-craneable semi-trailers on the rail, a field CargoBeamer specialized in.

Marketa Horpeniakova October 3, 2022 · 3 min read

Business

Nevomo and T-Systems to evaluate the use of IoT-Sensoring for the rail industry

IoT-Sensoring Services for MagRail and existing railways enable the measurement of track conditions and the detection of defects on the track surface at high operating speeds.

Marketa Horpeniakova September 30, 2022 · 2 min read

Business

InRail newly carries carbon black from the Port of Genoa to Hungary

The new route is one of the longest connections which was ever managed by the Italian rail undertaking. The length is about 1300 km and headed through three states.

Karel Novak September 30, 2022 · 1 min read