EU’s Council of Ministers approves European-gauge railway to Klaipeda

The EU’s Council of Ministers has approved the construction of a European-gauge railway to the Lithuanian port city of Klaipeda. The newly approved railway is part of the revised TEN-T regulation. According to the Lithuanian transport ministry, the European-gauge railway to Klaipėda will improve transport and logistics links in the Baltic region and Eastern Europe.…

EIB to lend Czechia half a billion euros for rail modernisation

The European Investment Bank (EIB) will lend Czechia 13 billion crowns (526 million euros) for the modernisation of the country’s rail infrastructure. The money will be used to increase both freight and passenger capacity, as well as to strengthen the three TEN-T lines on Czech territory. Apart from a multitude of exclusively passenger-related projects, the…

EU Council gives final approval for new TEN-T regulation

The EU Council finally adopted the revised regulation concerning the development of the trans-European transport network (TEN-T). The act still needs to be signed by the Presidents of the EU Council and the European Parliament before being published in the EU’s official journal. The regulation will then enter into force 20 days after the publication.…

PKP Cargo eyes “untapped” semi-trailer market for business revival

Polish state-owned rail freight operator PKP Cargo is looking for ways out of its dire financial situation. The company’s new management took the drastic step of suspending nearly a third of its workforce to save money. Now, its strategy director says that the company is looking to semi-trailer transportation for new business opportunities. PKP Cargo…