The Polish national rail freight operator PKP Cargo is sailing through troubled waters due to decreasing volumes and performance. The company placed thousands of its employees into inactive status since the beginning of June. However, the situation is less bleak for up to 300 of them, who will be hired by Polregio, a Polish company…
Category: PKP Cargo
Hundreds of PKP Cargo employees to be moved to passenger operator
The Polish national rail freight operator PKP Cargo is sailing through troubled waters due to decreasing volumes and performance. The company placed thousands of its employees into inactive status since the beginning of June. However, the situation is less bleak for up to 300 of them, who will be hired by Polregio, a Polish company…
PKP Cargo concedes to unions as it looks to “Make Cargo Great Again”
PKP Cargo is amending the rules of the emergency ‘failure to perform work’ measure. Trade unions managed to secure a number of concessions from the company to employees, among which is a minimum wage payout at the very least. The PKP Cargo president is calling upon the remaining unions to enter into dialogue, to improve…
PKP Cargo and COSCO to expand intermodal flows all over Europe
Intermodal transport and logistics will be the core development pillar of a strengthened partnership between PKP Cargo and COSCO Shipping Group. The two parties are poised to expand their intermodal offerings in multiple countries “in Western, Central and Eastern Europe”. PKP Cargo appears to become a core partner in COSCO’s increased rail freight presence in…
PKP Cargo bets its future on frail foundations
The Polish state-owned rail freight operator PKP Cargo is struggling, as are many of its counterparts across Europe. Rumours surfaced about a possible bankruptcy for PKP Cargo and RailFreight.com went straight to the source to better understand what is happening. The company confirmed that the situation is bleak, and most of its hopes heavily rely…
PKP Cargo eyes “untapped” semi-trailer market for business revival
Polish state-owned rail freight operator PKP Cargo is looking for ways out of its dire financial situation. The company’s new management took the drastic step of suspending nearly a third of its workforce to save money. Now, its strategy director says that the company is looking to semi-trailer transportation for new business opportunities. PKP Cargo…
‘Our situation is worse than I thought’, says PKP Cargo President
The Polish state-owned rail operator, PKP Cargo, might be nearing the end of its life due to years of mismanagement and the inability to adapt to a changing market. The current Acting President of the company, Marcin Wojewódka, said that the situation is worse than expected, with both volumes and share values dropping significantly and…
PKP Cargo confirms Ukraine as target for expansion
PKP Cargo is planning to expand its operations into Ukraine as the company seeks to expand operations in more neighbouring countries. A move into Ukraine would take place after the construction of new infrastructure, according to PKP Cargo’s CEO Alan Beroud. PKP Cargo, a subsidiary of the state-owned Polish rail operator, plans to move into…
PKP Cargo launches Rotterdam connection from new intermodal terminal
Polish rail freight operator PKP Cargo is launching a new international connection to Rotterdam. Trains will depart twice a week from a newly built intermodal terminal in Karsznice, central Poland. The company says that the new route is part of a larger strategy for intermodal transport in the region. The Polish rail operator will be…