The German state-owned rail freight operator is facing an uncertain future due to significant losses and proceedings from the European Commission (EC). In an attempt to become profitable, DB Cargo might be divided into six divisions dedicated to different types of transport. The initiative was shared by German media RedaktionsNetzwerk Deutschland (RND), which cites a…
Author: Marco Raimondi
D’Agostino SRL: ‘Investing in intermodality pays off’
The European rail freight sector is facing challenging times, with many companies struggling to remain viable. Despite this, some companies are thriving, like D’Agostino SRL, an Italian transport company that has seen significant growth in its rail modal share, thanks to its focus on intermodality. “Currently, over 70 percent of our sales come from intermodal…
Australia’s largest rail freight operator to phase out diesel locos
Aurizon, the largest rail freight operator in Australia, is planning to invest 18.8 million dollars (17.3 million euros) to phase out diesel fuel and embrace renewable energy sources. The project entails pairing “a big battery-pack on wheels” with modified locomotives to operate as a hybrid unit. Half of the investment is covered by a grant…
DB Cargo to get 150 hybrid, lighter locomotives from Siemens
DB Cargo ordered 150 Vectron Dual Mode light locomotives from Siemens Mobility. The new locomotives are several tonnes lighter than the usual Vectron Dual Mode. As DB Cargo mentioned, they can be used “on branch lines and sidings with a lower load capacity”. The company stated that this initiative will favour single wagonload traffic in…
DB vs GDL: strikes end, agreement in sight
There seems to be light at the end of the tunnel. Deutsche Bahn (DB) and the German Locomotive Drivers’ Union (GDL) said that a deal for a new collective bargaining agreement should be expected in the coming days. “Until then, the GDL will refrain from further strikes”, the parties stated in a joint note. Five […]
Strike in Finland halts rail freight services and exports
A number of Finnish trade unions started a political strike Monday 11 March which will continue until 25 March. The initiative has a significant impact on the Finnish transport industry, including rail freight. According to the Confederation of Finnish Business (EK), the strike will cost Finland 320 million euros in damage to the gross domestic […]
Strike in Finland halts rail freight services and exports
A number of Finnish trade unions started a political strike Monday 11 March which will continue until 25 March. The initiative has a significant impact on the Finnish transport industry, including rail freight. According to the Confederation of Finnish Business (EK), the strike will cost Finland 320 million euros in damage to the gross domestic […]
Italy might cancel an incentive for rail freight rolling stock
An incentive regarding the acquisition of rail rolling stock in Italy is on the verge of being cancelled, despite the funds being already allocated and having generated huge investments. “We lack certainty about the rules”, Fermerci general manager Giuseppe Rizzi told RailFreight.com. The amount being cut is 70 million euros, and it would be retroactive […]
LTG Cargo launches first cross-Baltic service
Lithuanian state-owned rail freight operator, LTG Cargo, recently started transporting petroleum products between Bugeniai, in Luthiania, and Valga, in Estonia. The initiative is another reflection of how operators in the Baltic are looking to diversify their operations due to loss of cargo to and from Russia and Belarus. The launch of operations was preceded by […]
Container rates surged amid Red Sea blockade
The blockade of the Red Sea has caused serious headaches for the freight forwarding companies. Container rates are going through the roof, and many companies chose to switch transport modalities or divert their routes and circumnavigate Africa rather than risking passing through the Suez Canal. Rogier Vervoort, owner and managing director of Dutch Container Merchants […]