Italian Prime Minister Giorgia Meloni recently confirmed that the government is ready for the privatisation of the national railway holding Ferrovie dello Stato (FS Group). RailFreight.com had a chat with Dr. Andrea Giuricin, transport economist at the Milan-Bicocca Univesity, who pointed out that the most desirable asset of the group is infrastructure manager Rete Ferroviaria […]
Category: Business
Ukraine records rail freight growth thanks to sea corridor restoration
Ukrainian Railways (UZ) transported 148,4 million tonnes of cargo during 2023. Between March and December, monthly cargo volumes were 23 per cent higher on average than the previous year. The Ukrainian rail operator attributes freight volume growth to the restoration of the sea corridor in the Black Sea. The monthly average over the entirety of […]
Spanish government greenlights establishment of Train Port Barcelona
The Spanish government approved the creation of Train Port Barcelona, a new entity that will be in charge of the development and management of the railway logistics node in the Catalan capital. The new company will see the participation of the Barcelona port authority and Spain’s infrastructure manager Adif, which will co-own 50 per cent […]
Spanish government greenlights establishment of Train Port Barcelona
The Spanish government approved the creation of Train Port Barcelona, a new entity that will be in charge of the development and management of the railway logistics node in the Catalan capital. The new company will see the participation of the Barcelona port authority and Spain’s infrastructure manager Adif, which will co-own 50 per cent […]
Dozens of parties reportedly interested in buying DB Schenker
Roughly 25 parties have submitted their names for the takeover of DB Schenker to the international banking consortium that is supervising the sale of the German forwarder. The names include the usual suspects such as the Danish DSV and the German DHL, but the majority are still unknown. Specialists close to the sales process announced […]
Kazakhstan registers rail freight growth in all directions
Kazakh rail freight volumes in the directions of China and Uzbekistan reached significantly higher levels throughout 2023 as compared to 2022. Moreover, rail freight in the direction of Russia grew by 3,2 per cent. The positive developments are attributable to the coordination of the involved parties, according to Kazakh Railways. Export to Russia grew by […]
RailFreight.com has a new corporate sister: WorldCargo News
ProMedia Group, the Dutch-based media publisher and mother company of Railfreight.com, is pleased to announce the acquisition of WorldCargo News and associated title Bulk Materials International. This strategic move is a testament to ProMedia Group’s commitment to expanding its presence in key industry segments: transport, shipping, ports & terminals and logistics. The acquisition of WorldCargo […]
RailFreight.com has a new corporate sister: WorldCargo News
ProMedia Group, the Dutch-based media publisher and mother company of Railfreight.com, is pleased to announce the acquisition of WorldCargo News and associated title Bulk Materials International. This strategic move is a testament to ProMedia Group’s commitment to expanding its presence in key industry segments: transport, shipping, ports & terminals and logistics. The acquisition of WorldCargo […]
The Swiss Federal Council wants to pour millions into single wagonload
The Swiss Federal Council wants to make funds available to improve the country’s rail freight sector and keep single wagonload transport financially viable. If approved by the Swiss Parliament, the initiative will see hundreds of millions of euros deployed. The money would come from a portion of the tax on Heavy Good Vehicles, “which would […]
Russian grain imports and transit should be banned, says Latvian minister
Latvian Minister of Transport Kaspars Briškens wants to ban all imports and transit of Russian grain due to the possibility that imports include grain stolen from Ukraine. A total ban could have significant economic consequences for the Latvian rail sector, with losses of up to 40 million euros. In an interview with public broadcaster Latvijas […]