Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year, it sold Operail Finland, the former name of the subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a price below its fair value, leading to allegations of a secret sale. As part of the privatisation of Operail, Estonia…
Derailment makes triple Friday headache for British network
A triumvirate of deep depressions hit British railways on Friday. Commuters into London Paddington and airline travellers heading for Heathrow were grounded by a freight train derailment just after sunrise. In addition, pickets were on duty at Euston and elsewhere, in pursuit of the latest strike by drivers. To cap it all, there was a…
Russian rail exports of petrol halved following embargo
Russian exports of petrol via rail have been halved in March. The export reduction follows an embargo that the Kremlin introduced. It implemented the embargo to curb domestic fuel shortages. Russia introduced a fuel export ban on 1 March. The ban aims to mitigate the country’s ongoing fuel shortage, which has led to rising prices.…
CEVA Logistics’ new Dunkirk auto hub enters service complete with rail spur
CEVA Logistics has begun operations this week at its new finished vehicle logistics (FVL) hub at the Port of Dunkirk. The hub is equipped with a rail spur and connects to maritime import and export trade flows to and from the northern French port. The hub also comprises vehicle reception and storage areas, as well…
Amazon onboards Mercitalia trains between Italy-Germany
Amazon signed an agreement with the Italian state-owned rail freight group Mercitalia. The contract envisioned the rail transportation of goods between Amazon’s distribution centres in Italy and Germany. The two routes selected start are Pomezia-Duisburg and Verona-Herne. The e-commerce giant has distribution centres in all four locations involved in the initiative. For the Pomezia-Duisburg itinerary,…
