Freight news – Page 44
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NewsFreight-only launch for Laos – China rail link
LAOS: The 418 km railway linking Vientiane and the Chinese border at Boten was formally opened for revenue services with a ceremony on December 3, marking the 46th anniversary of the Lao People’s Democratic Republic. The government hopes that the line will help to stimulate the ...
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NewsShaw to succeed Squire as Norfolk Southern CEO
USA: Norfolk Southern Chairman & CEO James A Squires is to retire on May 1 2022, with Executive Vice-President & Chief Marketing Officer Alan H Shaw becoming CEO. Shaw has 27 years of experience in marketing, operations and finance at Norfolk Southern, and was appointed CMO ...
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NewsWagon lease fleet bought
USA: ITE Management has purchased the North American wagon assets of CK Industries, saying the ‘highly productive, well-maintained’ fleet would directly benefit the ‘breadth and flexibility’ of its wagon leasing business. CK Industries is a privately held company with wagon leasing business in France and Germany, ...
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In depthAustralia: ARA targets modal shift
The Australasian Railway Association has launched a new strategy that it hopes will bring a greater share of Australia’s expanding freight market on to the country’s railway network.
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NewsTCDD opens Kars logistics hub
TURKEY: Infrastructure manager TCDD has formally opened its Kars logistics centre, created to serve the Baku – Tbilisi - Kars railway linking Turkey, Georgia and Azerbaijan, which opened in October 2017.
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NewsMedway orders more locos and wagons
PORTUGAL: Private freight operator Medway is to invest €93m in the acquisition of 16 new Stadler electric locomotives and 113 Tatravagónka wagons under a procurement supported by the European Investment Bank.
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NewsMexican approval for Canadian Pacific and Kansas City Southern merger
MEXICO: Competition commission COFECE and telecoms institute IFT have granted regulatory approval for Canadian Pacific Railway’s proposed acquisition of Kansas City Southern. ‘This important milestone marks the next step on our path to creating the first single-line rail network linking the US, Mexico and Canada’, said ...
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News‘New era’ as German coalition prioritises rail spending over road
GERMANY: The so-called ‘traffic light coalition’ formed by the Social Democratic, Green and Free Democratic parties as the next federal government has committed to launching a ‘Rapid Capacity Expansion’ to enhance railway infrastructure as part of its wider transport strategy.
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NewsLineas divests locos and wagons in sale and leaseback agreements
BELGIUM: As part of efforts to strengthen its balance sheet, freight operator Lineas has reached a sale and leaseback agreement covering a portion of its rolling stock fleet.
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Rail Business UKSwift Express Freight EMU conversions agreed
UK: Four Class 321 electric multiple-units are to be converted to carry light goods with the aim of offering a fast, cost-effective and low carbon alternative to lorries and vans. A prototype for the Swift Express Freight concept was unveiled earlier this year, and an agreement ...
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NewsRailcoop runs its first freight train
FRANCE: Open access co-operative Railcoop ran its first freight train on November 15. Jérémie Anne reports from Capdenac.
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NewsWagonload freight support contracts awarded
HUNGARY: Working with the Ministry for Innovation & Technology, infrastructure manager MÁV Zrt has signed framework contracts with four freight operators aimed at supporting single wagonload operations. Responding to a request from the Hungarian Railway Association, the government obtained approval from the European Commission to provide ...
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NewsNorfolk Southern inaugurates Atlanta headquarters
USA: Norfolk Southern formally inaugurated its new headquarters in Midtown Atlanta on November 10, with a ribbon-cutting ceremony attended by Georgia’s Governor Brian Kemp, Senator Raphael Warnock, Mayor Keisha Lance Bottoms and other civic leaders. When Norfolk & Western merged with Southern ...
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Rail Business UKAggregates terminal enables Cemex to make more use of rail
UK: Building materials supplier Cemex has completed a significant investment in its Small Heath depot in Birmingham, enabling it to increase its use of rail as part of its ‘Future in Action — Committed to Net Zero CO2’ strategy. Aggregates from Cemex’s Dove Holes quarry are ...
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NewsCanadian National buys battery locomotive
USA: Canadian National’s Bessemer & Lake Erie Railroad has purchased a Wabtec FLXdrive battery-electric freight locomotive, with financial support from the Pennsylvania Department of Environmental Protection’s Marine & Rail Freight Movers grant programme. Wabtec’s FLXdrive battery loco is designed to work in multiple with conventional diesel ...