Business - VibeWire Magazine

Medway threatens to leave Portugal: “We have full support in Spain”

Guest authors
June 26, 2024
0

Medway is seriously considering leaving the Portuguese market. The Portuguese government reportedly did not follow up on earlier agreements with the company. MSC’s rail freight…

Tough setback for Dutch rail freight: 12% fewer goods on rail in 2023

Guest authors
June 26, 2024
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Dutch rail freight volumes have dropped significantly in 2023. The overall number shrunk by nearly 12 per cent to 39,3 million tonnes. The setback follows…

PKP Cargo targets former management and Prime Minister in legal case

Guest authors
June 25, 2024
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PKP Cargo is pursuing legal action against its former management. The Polish state rail freight operator suspects its previous board of committing a crime that…

RailFreight.com has a new look!

Nikos Papatolios
June 25, 2024
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We are thrilled to announce that RailFreight.com is undergoing a major modernisation to enhance your experience. Our commitment to providing the latest news, in-depth analysis,…

Business

America Movil to take controlling interest in Chile’s ClaroVTR

Guest authors
June 25, 2024
0

America Movil (AMX), a provider of telecommunications services across Latin America, and Liberty Latin America (LLA) ], a communications company with operations in Puerto Rico, the Caribbean and other parts of Latin America, have announced that America…

LTG Cargo deals with a rising number of attempts to evade sanctions

Marco Raimondi
June 24, 2024
0

Attempts to circumvent Western sanctions on Russia and Belarus via rail through Lithuania grew exponentially between March and May. The Lithuanian national rail freight operator LTG Cargo said that four wagons were blocked and sent back at the Lithuanian border in March, while in May this number increased to 62. The company did not provide…

Kazakhstan considering the privatisation of Kazakh Railways

Guest authors
June 24, 2024
0

Kazakhstan is considering the privatisation of Kazakh Railways (KTZ). The company is not doing well financially, which has led the transport ministry to discuss alternative structures. Moreover, infrastructure management will likely be removed from KTZ’s portfolio. Marat Karabayev, Kazakhstan’s transport minister, stated that officials are discussing a privatisation of KTZ. The Kazakh rail operator and…

MSC’s takeover of Wärtsila site in Trieste gets a little more complicated

Marco Raimondi
June 24, 2024
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Shipping giant MSC is in talks with various stakeholders to gain control of the former Wärtsila plant in the port of Trieste and convert it into a rail rolling stock production site. However, multiple Italian trade unions are now highlighting how Wärtsila’s attitude might hamper the feasibility of the project. Wärtsila, a Finnish ship engine…

Business

Cameroon utilities partner to extend comms and water services

Guest authors
June 21, 2024
0

Two Cameroon utilities, Cameroon Telecommunications (Camtel) and Cameroon Water Utility Corporation (Camwater), have signed an agreement to share infrastructure.

Weather becomes a delaying factor for German rail again

Nikos Papatolios
June 20, 2024
0

Bad weather-strikes-bad weather. This is the sequence of events that German rail freight has dealt with in the past few weeks. Following the industrial action of North Sea German port workers during the past seven days, bad weather conditions in the German north are set to delay the handling of trains even more. Here’s the…