The company, based in Brussels, operates as the largest private rail freight operator on the European continent.
The decision affects one of the three factories operated under Astra Rail Industries, a company built on the legacy of Astra Vagoane Arad, Meva, and Romvag Caracal.
The result was achieved under conditions shaped by widespread flooding in Austria and a broader economic slowdown across Europe.
CEO of DB Cargo, Sigrid Nikutta, gave an interview for RND.de on current company development.
As the railway industry increasingly embraces digital transformation, traditional companies face both challenges and opportunities. In this exclusive interview, Elena Stancich, Sales Manager at RAILVIS.com, shares insights from her personal journey into rail logistics, reveals strategies to overcome resistance to digital platforms, and discusses why Italy's strategic position makes it ideal for her international role.
The transaction transfers full ownership of the Atlantic-to-Pacific rail line to the global terminal operator.
Hurn previously served as VTG Rail UK's Sales and Marketing Director, a position he held since 2023.
The company is backed by a joint venture involving Marguerite, Griffin Capital Partners, and WBW Invest.
The General Assembly of ČD Cargo, has strengthened the company's Board of Directors with Robert Heděnec, an experienced economist and former CFO of ČD Cargo.
The event brought together over 200 decision-makers from railway undertakings, manufacturers, infrastructure managers, and financial institutions.
Government funding for maintenance contributed to the result.
Amtrak CEO Stephen Gardner unexpectedly stepped down from his top job with US passenger rail this week.
Oana Gherghinescu has been elected as the future Executive Director of the European Union Railway Agency (ERA) by the Management Board at its 68th meeting.
Both railway operators expect the agreements to contribute to regional connectivity and integrated rail logistics between the two neighboring countries.
This private rail freight operator in Europe, has reported a reduction in its financial losses for 2024.
The funding is part of a financing platform established in 2023, bringing the company’s total available debt facilities to over EUR 480 million.
Talgo and CAF, Spain’s two major rolling stock manufacturers, have published their financial results for 2024, showing revenue growth and continued project execution.
The initiative is part of the company's long-term development plan, which aims to expand intermodal freight transport across Europe.
The company, which operates rail services in the UK and the Nordics, aims to leverage its experience in managing large-scale rail networks in new markets.
European railway leaders share a vision for the future, with a strategy for financing, digitalisation, military mobility, and connectivity.