As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…
Category: Rail freight
US bank provides Ukrainian Railways $156 mln for rolling stock update
As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…
UK spark of genius for a net-zero railway by 2050
The Railway Industry Association (RIA) has released an ambitious blueprint titled “Delivering a Lower Cost, Higher Performing Net Zero Railway by 2050”. The Association, which mainly represents the interests of supply chain members, says it is aiming to revolutionise the UK’s railway network. So, no pressure there. Their report outlines a comprehensive strategy. It promises…
German Passau corridor closes for renovation, diversions seem unviable
As Germany is planning for much-needed rail infrastructure renovations, points of contention arise. While renovations are necessary for the outdated network, significant infrastructure downtime could lead to serious consequences for the rail freight industry. Especially the Passau corridor closure is causing sweaty palms. Germany is planning to renew its rail infrastructure network. In an interview…
The rail industry meets in Warsaw: 5 reasons you should also be there
The time for the RailFreight Summit ‘24, taking place between 15 and 17 April in Warsaw, Poland, has arrived. Less than a week remains until the rail freight industry meets in the Polish capital to address the challenges it faces and celebrate the successes it has delivered. Will you also be there? This marks the…
KTZ temporarily bans agricultural exports to China after border overload
Kazakh Railways (KTZ) has temporarily banned the export of agricultural goods via rail to China. KTZ explains the ban by referring to overloaded border crossings. At the Dostyk and Khorgos border crossings, 180 and 100 covered goods wagons respectively are waiting to be processed. According to KTZ, the Chinese railways do not unload the wagons…
Maritime appointed rail freight operator at forthcoming West Midlands Interchange
The UK multimodal freight carrier Maritime Transport has been appointed rail freight operator at the West Midlands Interchange. The government-designated strategic rail freight interchange (SRFI) is currently under construction at a site north of Wolverhampton. The developers of the logistics park, Oxford Properties Group and partner developer Logistics Capital Partners, have announced an exclusive agreement…
Bridge in Russia collapses onto rail tracks: Traffic restored in a day
A road bridge in Russia has collapsed onto rail tracks. The debris of the bridge blocked the main rail line between Russia and Belarus. While the consequences for train traffic were initially unclear, traffic on the rail line resumed in about a day. The Paninsky bridge in the Russian town of Vyazma collapsed onto rail…
European rail a mixed bag: Polish PKP Cargo profits while others struggle
Rail freight operators in Europe are performing very differently. Big names such as DB Cargo and Lineas are in trouble, but in Poland, the annual figures were an invitation to uncork the champagne bottle. Despite the call for more sustainability in logistics and transport, freight transport by rail is not always an attractive modality for…
Operail CEO refutes media accusations: “Operail Finland sold at fair price”
The CEO of Operail, Merle Kurvits, has responded to media attention for Operail Finland’s sale. Estonian media recently said Operail Finland’s sale was a 12 million euro “gift” to the Finnish rail industry. Kurvits refutes the accusations of underselling, saying that Operail sold the subsidiary at a fair price. Operail sold its subsidiary Operail Finland…