A Vienna-based telematics specialist has won a contract with DB Cargo AG to provide self-powered monitoring telematics hardware for freight rolling stock. CargoMon Systems GmbH…
Category: DB Cargo AG
DB Cargo misses financial targets, volumes and performance drop
In a “negative as expected” year, Deutsche Bahn’s financial performance was again in the red. Losses were not avoided in 2023, and the Group’s freight subsidiary DB Cargo was no exception. The state-owned freight carrier did not meet the target of closing 2023 with a loss of 225 million euros. Instead, the company reported EBIT…