At 88 million net tonnes, freight transport slightly decreased, but revenue increased by 3%.
Last week, the already strong rail freight connectivity on the European north-south axis got an even bigger boost. Three new or extended connections were announced. On the east-west axis, Warsaw will get better connection to Rotterdam, and in Finland, a new wood transport has started.
The collaboration between Metsä Group and VR has resulted in an efficient and seamless solution for transporting five million cubic meters of roundwood annually.
The Cape Corridor of South African Transnet Freight Rail (TFR) has achieved its highest volume performance on the Port Elizabeth Manganese Export Line. In the 2022/23 financial year, it hauled record-breaking 9,780,293 million tonnes of cargo.
As pre-announced at the 2022 Innotrans, Stadler Valencia and European Loc Pool (ELP) are working on additional countries to be added to the country roster of its EuroDual locomotive. Four Balkan countries were mentioned as the next step.
Innofreight and the world's largest shipping company MSC have started their first cooperation.
Klaus Wessing takes over as Head of Sales and Operations.
On the north-west corner of the southern Hungarian town of Szeged, in Kiskundorozsma, Petrolsped announced the construction of a new intermodal terminal, which should be operational in September 2023.
RCG has expanded its comprehensive network by adding two new destinations, Treviso and Frosinone, to its TransFER Villach-Italy service. The rail freight subsidiary will operate one round trip per week between Villach and Treviso, while Frosinone will be operated on request.
The rail freight carrier of the large Polish chemical industry group, Grupa Azoty Koltar, has agreed with domestic rolling stock manufacturer Newag on the delivery of one six-axle DC electric locomotive, DRAGON2.
XPO will handle the inbound transport of products from multiple manufacturing sites, store them at its shared-user warehouse, and transport them to Christy's retail stores, outlets, and e-commerce operations.
With the conclusion of a contract with BorsodChem, which has now taken over the four-axle EffiShunter 1000 shunting locomotive from CZ LOKO, the number of units produced in this series has reached the second 50.
The share of former European national rail freight carriers, also called incumbents, has, for the first time in history, dropped below 50% of the market.
One of the six Class I railroads in the US, CPKC, created from a merger of Canadian Pacific with Kansas City Southern, has been officially presented.
In an exclusive interview with RAILMARKET.com, Štefan Eštók, Deputy General Manager of CER Cargo Holding, reveals the company's plans for Europe.
The 24-month project includes a new centralized Traffic Control Centre, track gate automation, allowing trains to enter and exit the APH infrastructure, and a Light and Sound Signals system for level crossings.
More containerised connections inside Australia, Spain and Italy, new connections between Croatia - Hungary and Germany – Italy, and new automobile rail transports in Spain.
Switzerland's Federal Office of Transport is supporting the construction of a new transshipment terminal east of Milan, with a contribution of up to CHF 66.3 million. The terminal will enable the transfer of around 150,000 truck shipments to rail each year, supporting Switzerland's policy of shifting freight transport from road to rail.
Stadler will be responsible for all aspects of the service and maintenance of the locomotives, which will start in 2025 and last up to 16 years. The Class 99 locomotives are versatile and adapted to the British gauge and specifications, with 25 kV AC electric and diesel operating modes.
ÖBB Rail Cargo Group (RCG) is expanding its nationwide TransNET to include a connection between Hungary and the northern Adriatic.