Ukrainian Railways (UZ) has exported 30,4 million tonnes of goods between January and April 2024. This is 48,8 per cent more than during the same period last year. PKP LHS, operating between Poland and Ukraine, shows a similar trend. “In 2024, one of our priorities is to increase the volume of cargo transportation, in particular…
Category: Business
Another Ukraine-Lithuania rail freight connection is in the works
Ukrainian Railways (UZ) and the Lithuanian railway holding LTG Group agreed to develop a new freight service between Kyiv and Klaipėda. “The first test runs of the intermodal cargo transportation route are planned for this year”, LTG added. The initiative is still in its early stages, as a Memorandum of Understanding was recently signed by…
Onrail to take over Oslo-Narvik route, gains DB Schenker as customer
Norwegian rail operator Onrail will take over the Oslo-Narvik freight route. The company will now gain DB Schenker as a customer. Other companies did not manage to propose financially attractive enough deals to the German logistics company. At the moment, the freight route from Oslo to the northern Norwegian port town of Narvik is being…
The Middle Corridor remains too expensive as an alternative China-Europe route
The Middle Corridor, a multimodal China-Europe freight route through Central Asia, has garnered international interest as a potential alternative to transporting freight through Russia. Illustratively, the EU has allocated 10 billion euros for its development. The corridor remains too expensive to become a route of preference, explains Roland Verbraak, general manager of BTTMultimodalGroup. BTT, a…
English city promotes rail freight for industrial development
Doncaster is playing its railway card in a bid to attract investment. The north of England city is leveraging its rich railway heritage as a catalyst for industrial investment. It’s a novel way to harness the collateral benefits of rail development. It may just pay off for the city, which is often overshadowed by more…
Short-term TAC hikes put transport contracts under strain
In a bid to combat the crippling impact of skyrocketing track access charges, European rail operators are calling for urgent short-term support measures. The clarion call comes amidst a flurry of criticism following Germany’s recent hefty price hike program, among others. Apart from Germany, which will increase TACs by 16 per cent, Sweden and Portugal…
Short-term TAC hikes put transport contracts under strain
In a bid to combat the crippling impact of skyrocketing track access charges, European rail operators are calling for urgent short-term support measures. The clarion call comes amidst a flurry of criticism following Germany’s recent hefty price hike program, among others. Apart from Germany, which will increase TACs by 16 per cent, Sweden and Portugal…
ProMedia enters industrial market with acquisition of Industrielinqs
ProMedia Group recently signed a Letter of Intent for the acquisition of Industrielinqs press and platform, a leading publisher in the process industry. With this strategic acquisition, ProMedia aims to expand its leading positions in transport, logistics, and mobility into the industrial sector. The acquisition, expected to be completed by the coming summer, marks a…
Open Modal commission state-of-the-art combi terminal near Marseille
France’s Open Modal Group has announced the commissioning of a state-of-the-art intermodal terminal for swap bodies and containers in Miramas, on the outskirts of Marseille. The terminal has attracted public and private investment estimated at almost 40 million euros. “The Terminal Ouest Provence (TOP Terminal) is the fruit of five years of hard work, commented…