Management

Business

Martell Beck to head DB Group Marketing

Martell Beck has been appointed Chief Marketing Officer (CMO) with effect from 1 June. In this role, he succeeds Jürgen Kornmann, who will be responsible for digital innovations, analytics and AI in the area of communication and marketing.

Karel Novak May 21, 2024 · 2 min read

Business

PKP Cargo announces cost-cutting plans to ensure financial stability

The measures include placing up to 30% of employees on "work inactivity" for a period of one to twelve months.

Marketa Horpeniakova May 15, 2024 · 2 min read

Freight Rail

Slovak Antitrust Authority approves joint control of Cargo Wagon by Merchant House and VTG

Cargo Wagon, under the umbrella of VTG, operates primarily in the leasing of freight wagons both within Slovakia and across Europe.

Lubomir Cech May 13, 2024 · 2 min read

Insights

Labour's Rail Reform: A Closer Look at the Implications for Britain's Railways

The Labour Party has put forth an ambitious plan to overhaul Britain's railway system, aimed at addressing long-standing inefficiencies and systemic issues under current Conservative leadership.

Lubomir Cech May 1, 2024 · 2 min read

Freight Rail

Qemetica Cargo – a new name for CIECH Cargo from June 2024

Polish rail freight operator changes its name after its mother company does so.

Lubomir Cech April 30, 2024 · 2 min read

Freight Rail

HHLA takes over majority in Roland Spedition

The owner of METRANS now also adds another container operator to its portfolio.

Lubomir Cech April 29, 2024 · 2 min read

Business

ČD Group profits record, freight boosted

České dráhy (ČD) Group has reported record profits, boosted by strategic expansion in freight transport, including successful ventures into international markets.

Karel Novak April 25, 2024 · 3 min read

Business

Henrik M. Egeter appointed CEO of Vossloh Rolling Stock

Vossloh Rolling Stock has appointed Henrik M. Egeter as its new CEO, bringing with him wide-ranging industry experience to steer the company's future growth.

Karel Novak April 23, 2024 · 2 min read

Rolling Stock

Finnish railway wagon market by 2027 and beyond

The Finnish railway sector, particularly in the context of freight wagons, is navigating through a period marked by both operational restrictions and shifts in market needs.

Lubomir Cech April 22, 2024 · 2 min read

Freight Rail

Overview of VR Transpoint's rail activities

The key player in the Finnish transport sector has been addressing changes and challenges in the logistics environment over the past few years.

Lubomir Cech April 19, 2024 · 2 min read

Rolling Stock

Alstom invests in a development of its bogie frame factory in Hungary

A EUR 16 million development program will be executed in the Mátranovák factory.

Lubomir Cech April 19, 2024 · 2 min read

Freight Rail

HŽ Cargo reports the first profitable year in a decade, looks for a strategic partner

This development comes after several years of financial struggles and operational difficulties that brought the company close to bankruptcy.

Lubomir Cech April 15, 2024 · 2 min read

Business

PKP CARGO International: New Chairman of the Board

Zbigniew Prus, who was elected on Monday as Chairman of the Board of Directors, is an experienced leader in the field of rail transport.

Karel Novak April 10, 2024 · 2 min read

Business

World Bank Report: Mobilizing climate finance for railways

An in-depth analysis of how climate-specific financing instruments can support the rail sector, particularly in low- and middle-income countries (LMICs).

Lubomir Cech April 5, 2024 · 2 min read

Business

Women's growing influence in European rail freight logistic

At Forwardis, this move is evidenced by a 51% female workforce, with female leadership in several departments.

Marketa Horpeniakova March 22, 2024 · 2 min read

Business

SBB with the first positive financial year since 2019

The overall profit for SBB in 2023 was 278 million EUR, a considerable recovery from a 255 million EUR loss the previous year.

Lubomir Cech March 12, 2024 · 2 min read

Business

The battle for Talgo: Hungarian Magyar Vagon wants to take over the Spanish company

The Hungarian group Magyar Vagon, under its historical brand Ganz-Mavag, is preparing to finalize and present a Public Acquisition Offer (OPA) for 100% of the shares of the Spanish high-speed train manufacturer Talgo.

Lubomir Cech March 8, 2024 · 2 min read

Rolling Stock

Siemens Mobility will supply six Vectrons for Autobrennero Group

The joint order will be split between two Italian freight rail operators of the Autostrada del Brennero SpA Group.

Lubomir Cech March 7, 2024 · 1 min read

Infrastructure

European Parliament makes a step forward to the use of railway infrastructure capacity in the Single European Railway Area.

The European Parliament's Transport and Tourism Committee (TRAN) has recently advanced its stance to increase railway capacity and boost reliability.

Lubomir Cech March 6, 2024 · 2 min read

Freight Rail

Hector Rail: Slowness creates uncertainty for freight rail operators

Hector Rail's CEO, Claes Scheibe, expressed that relatively minor investments and initiatives could significantly impact the industry, speeding up the process considerably.

Lubomir Cech March 5, 2024 · 3 min read