EUROPE: AAE has ordered 300 Sggnss 80 ft four-axle intermodal wagons from Tatravagonka Poprad. They are to be leased to the Metrans subsidiary of Hamburger Hafen & Logistik, for use on North Sea port hinterland traffic.
The single-unit wagons with two bogies offer more flexibility in the type of container which can be carried than equivalent twin-section wagons with three bogies, at the expense of a lower payload and greater route restrictions.
SWITZERLAND: Chicago-based leasing company GATX Corp sold its 37·5% stake in European wagon owner AAE Ahaus Alstätter Eisenbahn Cargo to its partner AAE Ahaus Alstätter Eisenbahn Holding on September 26. The sale price of €84·5m comprised €17·0m in cash and a €67·5m secured loan to AAE Holding. As a result ...
EUROPE: Wagon leasing company AAE announced on June 6 that open access freight operator ERS Railways had become the first major customer for its Twin II intermodal wagon. AAE CEO Karsten Sachsenröder and ERS Railways Managing Director Frank Schuhholz sealed a long-term contract covering the lease of 50 twin-unit wagons ...
GERMANY: Slovak wagon builder Tatravagónka has completed the acquisition of bogie manufacturer ELH Eisenbahnlaufwerke Halle. Tatravagónka has bought the 70% stake in ELH which was held by Andreas Goer, the majority shareholder in wagon leasing firm AAE Holding, and the 30% which was held by another business partner. The participants ...
