Freight news – Page 33
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NewsGreen Points drive modal shift to rail
INDIA: In order to incentivise its corporate customers to mitigate their carbon emissions and simultaneously enhance its freight loadings, Indian Railways has launched a ‘Rail Green Points’ scheme highlighting the environmental advantages of shipping freight by rail rather than road. As part of its Nationally Determined ...
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NewsOperail reports sharp decline in freight volumes
ESTONIA: National rail freight, wagon leasing and repair group Operail reports that it has lost more than half of its traffic volumes as a result of the Russian invasion of Ukraine. Operating income in the first half of 2022 was €30m, down from €37m in the ...
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NewsDB heads back to profit
GERMANY: Deutsche Bahn achieved an operating profit before tax and interest in the first half of this year and expects to turn in positive figures for the full year as well. Announcing details of DB’s performance in the first half of this year on July 28, ...
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NewsAurizon completes ‘transformative’ acquisition of One Rail Australia
AUSTRALIA: Aurizon announced on July 29 that it had completed the acquisition of One Rail Australia for A$2·35bn. The acquisition includes two distinct businesses. One Rail’s bulk haulage and general freight assets in South Australia and the Northern Territory, including the 2 200 km Tarcoola – ...
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NewsJoint venture formed to develop 600 km iron ore railway
GUINEA: La Compagnie du TransGuinéen has been formally established to develop a 600 km multi-purpose and multi-user railway and port to serve the Simandou iron ore mining project.
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NewsFederal Railroad Administration proposes national train crew size rule
USA: Rail industry associations have criticised a Federal Railroad Administration proposal to replace varying state laws on train crew size with a uniform national standard requiring a minimum of two people for main line operations. There would be exceptions for low-risk operations, with railways able to ...
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NewsUnion Pacific awards $1bn+ loco modernisation contract
USA: Union Pacific has awarded Wabtec a contract worth more than $1bn for the modernisation of 525 AC4400 and AC6000 and 75 Dash-9 locomotives. This will include the FDL Advantage engine enhancement and Modular Control Architecture. The modernisation aims to extend the life of the locos ...
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NewsUkrainian wagon manufacturer targets EU market with new designs
EUROPE: Ukrainian rolling stock manufacturer Kryukovsky Railway Car Building Works is negotiating with EU operators and leasing companies in the hope of winning contracts to supply new designs of 1 435 mm gauge wagon that it has developed for transporting containers and swap bodies. ‘Taking into account ...
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In depthEurope: Bringing unaccompanied freight to the UK through the Channel Tunnel
Channel Tunnel concessionaire Eurotunnel is planning new rail services to meet growing demand for the unaccompanied transport of lorry trailers between continental Europe and inland destinations in the UK, Christian Dufermont, Freight Commercial Director, Eurotunnel Le Shuttle Freight, tells Railway Gazette International.
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NewsEBRD invests in Middle Corridor transit freight route
KAZAKHSTAN: The European Bank for Reconstruction & Development is investing up to 50bn tenge to support national railway KTZ in the implementation of crisis response measures to cope with the after-effects of the pandemic and ‘ongoing geopolitical turmoil’. Measures include the reorganisation of transit freight operations ...
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NewsAIMCo to acquire Cando Rail & Terminals
CANADA: Alberta Investment Management Corp has signed a definitive agreement to acquire a 100% equity stake in Cando Rail & Terminals Ltd from the rail freight group’s employees and private equity investor TorQuest. Manitoba-based Cando was founded in 1978 and now operates more than 40 industrial ...
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Rail Business UKTri-mode locomotive ‘of firsts’ to be delivered next year
UK: The bodyshell for the first of the Class 93 tri-mode electric-diesel-battery locomotives ordered by Rail Operations (UK) has been completed at Stadler’s factory at Valencia in Spain. ‘This is a project of firsts’, said Iñigo Parra, CEO of Stadler Valencia, on July 21. ‘The Class ...
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NewsKCSM concession extended in return for infrastructure investment
MEXICO: The Secretariat of Infrastructure, Communications & Transport has extended Kansas City Southern de México’s operating concession by 10 years, in return for a commitment to 4bn pesos of infrastructure investments including the Celaya-NBA Line bypass to separate KCSM and Ferromex tracks. KCSM’s exclusive concession now ...
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NewsLobito Corridor concessionaire selected
ANGOLA: The Ministry of Transport has announced the award of a 30-year concession for operation of rail freight and logistics services in the Lobito Corridor.
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NewsSouthern rail access to Barcelona port goes ahead
SPAIN: The Barcelona Port Authority board has given the go-ahead for the second phase of a project to provide a southern rail access to the port. Tenders are to be called for a 24-month construction contract budgeted at €31·2m. There are six elements to the project, ...
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NewsTranshipment facility opened at Laos-Thailand break-of-gauge
LAOS: The Vientiane South freight transhipment yard opened on July 1, at the break of gauge where the standard gauge railway from China which opened in December last year meets an extension of the metre-gauge line which enters Laos from Thailand. The first traffic was a ...
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NewsSBB Cargo Vectron order
SWITZERLAND: Reichmuth & Co Investment Management’s LokRoll 3 business has awarded Siemens Mobility a contract to supply and maintain 35 Vectron AC electric locomotives which Northrail will lease to SBB Cargo for eight years from 2024. The locos are to be equipped ...