The Estonian state-owned company Operail has sent its old locomotives to the scrapyard. They will now be dismantled, and the remaining materials will be sold off to interested parties. The move comes amid a difficult financial situation following the loss of Russian transit goods. The locomotives to be scrapped were purchased in 2002 and had […]
Category: Business
Estonian Operail scraps old locomotives amid financial problems
The Estonian state-owned company Operail has sent its old locomotives to the scrapyard. They will now be dismantled, and the remaining materials will be sold off to interested parties. The move comes amid a difficult financial situation following the loss of Russian transit goods. The locomotives to be scrapped were purchased in 2002 and had […]
‘Rail is again an effective alternative for Eurasian transport’
All the more companies are identifying the same trend in Eurasian transport. With sea transport currently strained due to the situation in the Red Sea, rail is gradually becoming the preferred mode of transport between China and Europe. This is especially true for customers who want to avoid long transit times. As Martin Koubek, director […]
TX Logistik increases services between Lübeck and Northern Italy
January has been a month of service upgrades for TX Logistik. The intermodal operator has increased the frequency of two services between northern Germany and Northern Italy using Lübeck as the central hub. The first one is the Lübeck-Segrate Milan service, which now runs with six weekly roundtrips instead of four. The second and more […]
Kyrgyzstan struggles to find money for CKU line construction
Kyrgyzstan is looking for money to build its part of the China-Kyrgyzstan-Uzbekistan (CKU) railway line. In an interview about the country’s debt situation, the president reassured the people that no unfeasible loans would be taken. Where the money for the CKU line is going to come from remains unclear. While Kyrgyzstan is willing to take […]
LDZ Cargo expands in Estonia while Lithuania opens its doors
Latvian rail freight operator LDZ Cargo aims to expand its business operations in neighbouring Baltic countries. It has succeeded in winning public tenders in Estonia, and it has secured access to Lithuania’s public railway infrastructure for freight transportation. As per the company, the stated aim of the expansion is to become a regionally significant rail […]
Another strike to start tomorrow in Germany, this time for a whole week
Deutsche Bahn’s (DB) employees affiliated with the German Train Drivers’ trade union (GDL) are about to go on strike until Monday, 29 January at 6 pm. DB Cargo’s workers will start on Tuesday 23 January at 6 pm, while for infrastructure workers the initiative will begin on Wednesday 24 January at 2 am, as GDL […]
Nobody wants to build and operate Gelderland Rail Terminal
The Dutch province of Gelderland has not received any tenders for the construction and operation of the Gelderland Rail Terminal (RTG). The Provincial Executive reports this to the Provincial Council. Based on a tender, interested parties could register for the project until the end of December 2023. The big question is: what next? The reason […]
Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]
Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]