Between extreme weather, infrastructure closures and subsidies being cut, the Italian rail freight sector is running the risk of entering a disastrous crisis. The sector…
Category: Fermerci
60 per cent of Italian railways to be closed in 2024
The next couple of years will be quite burdensome for the Italian rail freight industry as traffic along many lines will have to be interrupted for upgrade works. Just throuhgout 2024, 60 per cent of the Italian rail lines will be subject to partial or total closure, for a total of 4,100 days. Over 200…
Subsidy for rail freight rolling stock in Italy will remain after all
Despite recent concerns, the Italian government will not cancel a measure aimed at helping companies purchasing rail rolling stock. A total of 115 million euros, thus, will still be deployed to cover 20 per cent of the costs retroactively to 2021. Fears of a cancellation of this measure surfaced in March, when the Italian Chamber…
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 […]
Rail freight in Italy set back in 2023, subsidies are key to remain afloat
The Italian rail freight sector had to deal with various hiccups throughout 2023 which led to a general drop across the whole industry. RailFreight.com had a chat with Giuseppe Rizzi, managing director of Italy’s largest rail freight association FerMerci to better understand this trend and the causes behind it. “There seems to be a lack […]