Hungarian road haulage and logistics group Waberer’s International has signalled its move into rail freight by acquiring a 51 per cent stake in Petrolsped Budapest. Petrolsped (PSP) provides rail logistics services mainly in Hungary and Romania, either directly or through its subsidiaries, Pultrans and PSP Cargo Romania. Zsolt Barna, Waberer’s chairman and CEO, said that […]
Category: Rail freight
UK rail freight: will a socialist swing be a sunrise and a good thing?
There is a political turning of the tide expected in the UK. A general election is imminent. The right-wing Conservatives are expected to relinquish the reins of power to the left-wing Labour Party. That would allow the socialists to put their radically different ideas into action. A shake-up for rail freight could be dawning. After […]
Kazakhstan and Kyrgyzstan push for more rail along INSTC
The Central Asian countries of Kazakhstan and Kyrgyzstan have introduced plans to expand rail infrastructure along the International North-South Transport Corridor (INSTC). The countries presented these plans at a meeting of the Russian-led Eurasian Economic Union (EAEU). The organization aims to enhance infrastructure integration among its member states. The plans were introduced at a meeting […]
India breaks freight loading record: 143 million tonnes in January
Indian Railways (IR) has broken its record in monthly freight loading. In January, the amount of freight loaded reached 142,7 million tonnes, setting a growth percentage of 6,4 per cent in comparison to January 2023. The new record was achieved despite adverse weather conditions, particularly foggy weather, according to the Indian ministry of railways. January’s […]
Kazakhstan sees record rail freight turnover for the third time in a row
Kazakhstan Railways (KTZ) has achieved a record annual rail freight turnover for the third year in a row. In 2023, turnover grew by seven per cent to 269 billion tonne-kilometres in comparison with the previous year. This growth can partially be attributed to higher transit volumes, in particular to and from China. According to Kanat […]
China seeks speedy deliveries and tests high-speed rail freight
China has started a pilot program for a high-speed rail freight line. The pilot programme runs between the cities of Chongqing and Zhengzhou in central China. The line reportedly saves a day in transport times in comparison with road transportation. Chongqing is an international rail hub for which ambitions go beyond this piloted high-speed line. […]
UK express logistics booms on the back of Varamis Rail’s rapid rise
The UK’s express logistics market by rail may be on the brink of a significant expansion. Varamis Rail, a relatively new player in the industry, has rapidly increased its operations. The company recently acquired its fourth train within just over a year of operation. Industry insiders are questioning whether the market for high-speed rail logistics […]
UK express logistics booms on the back of Varamis Rail’s rapid rise
The UK’s express logistics market by rail may be on the brink of a significant expansion. Varamis Rail, a relatively new player in the industry, has rapidly increased its operations. The company recently acquired its fourth train within just over a year of operation. Industry insiders are questioning whether the market for high-speed rail logistics […]
Germany: long-term infrastructure projects also affected by budget cuts
The German Federal Government has officially approved the reduced transport budget for 2024. After some amendments in the sums to be cut and the sectors they will affect, the German parliament greenlit it. In addition to reduced financial support for the current year, the German rail sector will also be affected by cuts in long-term […]
GB Railfreight launches East Coast intermodal service
Britain’s East Coast Main Line is best known for its express passenger services and as the route of the Flying Scotsman. It’s also a critical freight corridor. From this week, there’s a new service sharing those tracks. It may not be quite as prestigious as the famous express, but the destination is the birthplace of […]