At its annual press conference on Thursday, the Deutsche Bahn Executive Board announced massive job cuts.
Category: Deutsche Bahn (DB)
Who (and why) gains from Germany’s €1.7 billion single wagonload fund?
With single wagonload transport being one of the most fragile and volatile services offered by the rail freight industry, the 1.7 billion euros that Germany will pour into it sounded like music to the ears of logisticians. Nevertheless, soon, joy was overtaken by doubt, considering reports claiming that DB Cargo would be the primary beneficiary…
DB Cargo misses financial targets, volumes and performance drop
In a “negative as expected” year, Deutsche Bahn’s financial performance was again in the red. Losses were not avoided in 2023, and the Group’s freight subsidiary DB Cargo was no exception. The state-owned freight carrier did not meet the target of closing 2023 with a loss of 225 million euros. Instead, the company reported EBIT…
DB carries out successful rehearsal for Frankfurt-Mannheim line closure
On 15 July 2024, a landmark infrastructure upgrade project will begin in Germany. The Frankfurt am Main-Mannheim line, one of the busiest routes in Germany and an integral part of the Rhine-Alpine Corridor, will enter a five-month upgrade phase. In preparation for the works, Deutsche Bahn implemented a route diversion rehearsal that was deemed successful, […]
Germany braces for an extended round of rail strikes
The German train driver’s union GDL is launching a several-day strike this week. Freight services will be affected starting Tuesday, 9 January, at 18:00. The industrial action is expected to last until the evening of Friday, 12 January, with a substantial impact on cargo transport operations. The development follows a voting procedure in December where […]