EUROPE: Asset leasing firm Touax Rail completed the purchase of a fleet of 685 wagons which are leased to operators in Hungary and Slovakia during December. A third-party investor funded 75% of the €30m deal, which adds Shimms steel coil and Habbi(II)nss covered wagons to Touax’s fleet of 8 200 vehicles.
'This transaction provides us with a new geographical focus towards central Europe and a clear strategy to expand in the region', said Managing Director Fabrice Waleswki.
PANAMA: AP Moller-Maersk’s APM Terminals division has bought the Panama Canal Railway Co from a 50:50 joint venture of Canadian Pacific Kansas City and crane manufacturer Lanco Group/Mi-Jack. PCRC was formed in 1998 when it was awarded a government concession to rehabilitate the moribund 76 km ...
UK: Industry association Logistics UK has warned that the role of rail freight in driving economic growth must not be overlooked, after the Prime Minister announced funding for ongoing transport projects in northern England. On March 28 Logistics UK’s Senior Policy Advisor Ellis Shelton said ’passenger ...
UKRAINE: National railway Ukrzaliznytsia has awarded Bulgarian company Express Service a €6m contract to supply 10 battery-powered shunters and spare parts. The ES3000 three-axle shunters will be able to haul trains of up to 3 000 tonnes at speeds of up to 15 km/h. Deliveries are ...
