Freight news – Page 58
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NewsSNCB divests remaining stake in freight operator Lineas
BELGIUM: SNCB has sold its remaining 10% stake in part-privatised freight business Lineas to the federal government’s holding and investment company SFPI, as part of the national train operator’s strategy of focusing on its core passenger activities. In 2015 SNCB sold an initial 69% stake in what ...
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Metro Report InternationalCarGoTram freight tram service comes to an end
GERMANY: The CarGoTram freight tram service which carried automotive parts to a Volkswagen factory in Dresden has ended, following the car manufacturer’s adoption of a revised logistics approach with the switch from production of the e-Golf car to the all-electric ID.3.
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Rail Business UKTrimode Class 93 locomotives ordered by Rail Operations (UK)
UK: Stadler and Rail Operations (UK) Ltd have signed a framework agreement for the supply of 30 Class 93 trimode locomotives, with an initial batch of 10 scheduled for delivery in early 2023. The Bo-Bo locomotives will be based on the Class 68 UKLight diesel and Class ...
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NewsDual-gauge freight connection funded
AUSTRALIA: The federal government and state of Victoria have agreed to fund a dual-gauge connection to the Somerton intermodal terminal in the northern suburbs of Melbourne, as part of a wider strategy to boost rail’s share of the traffic to and from the Port of Melbourne. Originally ...
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NewsVysus supports IORE heavy haul locomotive refurbishment programme
SWEDEN: Vysus Group is providing engineering, risk management and regulatory approval services to support mining group LKAB in the modernisation of 18 Adtranz/Bombardier IORE heavy haul electric locomotives which are used to haul iron ore from the Malmfälten mining area to the ports of Luleå and Narvik. ...
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NewsLithuanian freight operator establishes Ukrainian subsidiary
UKRAINE: The Lithuanian national railway’s freight business LTG Cargo has established a Ukrainian subsidiary in support of its international development strategy. LTG Cargo Ukraine will initially offer rolling stock leasing, freight forwarding and other transport services, with the longer term objective of operating international trains to and ...
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NewsRs38tr investment envisaged in National Rail Plan
INDIA: The Ministry of Railways has begun consultation on its National Rail Plan, intended to shape the evolution of Indian Railways up to 2050.
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NewsUWC to supply first 25 tonne axleload wagons to Mongolia
MONGOLIA: Financing company Bodi International has awarded United Wagon Co a contract to supply 810 high capacity open wagons which will be used to carry coal from the Tavan Tolgoi deposit in southern Mongolia for export to China. The Russian manufacturer said these would be the first ...
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In depthInterview: Digitalisation can drive Eurasian freight growth
RZD is achieving efficiency gains from digitalising the administrative processes for intermodal freight traffic, but First Deputy General Director Sergey Pavlov tells Toma Bačić that the acceptance of electronic customs documents in Europe will be essential to ensure the Eurasian rail market can fulfil its potential.
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NewsHector Rail refinanced to support ambitions for growth
SWEDEN: Private freight operator Hector Rail has raised a SKr519m financing package from Landesbank Hessen-Thüringen and Siemens Bank to refinance its existing debt. The term loan and capex facility ‘will support our ambitions to further expand our fleet, strengthen our position as the leading independent rail freight ...
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Rail Business UKSTAR Capital Partnership invests in Rail Operations Group
UK: European fund manager STAR Capital Partnership has made a ‘significant’ investment in Rail Operations (UK) Ltd, which owns operating company Rail Operations Group, freight subsidiary Orion and rolling stock storage and disposal business Traxion. STAR is to acquire a majority stake in the group, alongside the ...
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NewsBNSF and Wabtec test battery-electric locomotive in California
USA: BNSF and Wabtec have begun testing a battery-electric locomotive in revenue service on the 585 km route between Barstow and Stockton in California. The tests aim to assess the future potential of the technology, which as well as the battery features energy-management and system optimisation ...
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NewsEIB backs CargoBeamer’s modal shift ambitions
EUROPE: The European Investment Bank is providing financing to support the development of three CargoBeamer rail freight terminals at Calais in France, Kaldenkirchen near Germany’s border with the Netherlands and Domodossola near Italy’s border with Switzerland. CargoBeamer’s patented system comprising wagons, transhipment terminals and logistics software enables ...
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NewsIowa Interstate Railroad to be ‘platform for growth’ as investor takes 40% stake
USA: Infrastructure investor iCON Infrastructure Partners V has acquired a 40% stake in regional freight railway Iowa Interstate Railroad from Pittsburgh-based Railroad Development Corp, which remains the majority owner. IAIS was formed in 1984, with RDC acquiring a minority interest in 1991 and owning 100% since ...
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NewsModi inaugurates first section of Eastern DFC and control centre
INDIA: The 351 km initial section of the Eastern Dedicated Freight Corridor between New Khurja in Uttar Pradesh and New Bhaupur near Kanpur was formally inaugurated by Prime Minister Narendra Modi on December 29. Addressing a socially distanced celebration at New Khurja by video ...
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NewsVale agrees concession extensions in ‘biggest step in railway history’
BRAZIL: Mining company Vale has agreed terms with the government to extend its concessions to operate the Estrado de Ferro Carajás and Estrado de Ferro Vitória a Minas by 30 years.
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Rail Business UKVegetable oil-fuelled Class 66 hauls steel train
UK: DB Cargo UK has tested the use of hydro-treated vegetable oil to fuel an Electro-Motive Diesel Class 66 locomotive. Loco 66 150 hauled a consignment of long-welded rail from British Steel’s Scunthorpe site to Network Rail’s depot at Eastleigh in Hampshire on December 16. DB Cargo ...
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NewsBettembourg – Rostock intermodal service to launch in January
EUROPE: CFL Multimodal, Stena Line, LKW Walter and Rostock Port are to launch a thrice-weekly service between the Bettembourg-Dudelange intermodal terminal and the RTM Terminal in Rostock on January 11, transporting craneable and non-craneable trailers as well as containers. ‘As a ferry and RoRo hub with connections ...