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German railfreight costs "to rise 20% by 2020" REGULATORY pressures on Europe's largest railfreight market could drive up operating costs by as much as 20% over the next five years, according to a study by the Association of German Transport Companies (VDV).
watco-acquires-texan-shortlines-from-iowa-pacific
WATCO Companies confirmed on May 18 that it has entered into a definitive agreement to purchased two west Texas shortlines from Iowa Pacific Holdings for an undisclosed sum. The 169km Texas and New Mexico Railway extends...
german-railfreight-costs-to-rise-20-by-2020
REGULATORY pressures on Europe's largest railfreight market could drive up operating costs by as much as 20% over the next five years, according to a study by the Association of German Transport Companies (VDV). The report...
atacama-railway-under-threat-after-flood-damage
TORRENTIAL rains in the Andean foothills in Chile´s Atacama region might put an end to rail transport on the 155km line from the copper smelter at Potrerillos, 2880m above sea level, down to the wharf...
australian-federal-budget-favours-road-over-rail
WHILE the new 2015-16 budget published by Australia's federal government on May 12 will see increases in spending on both rail and road infrastructure, the rate of increase for road is much greater than for...
peru-chile-rail-link-to-reopen-in-july
REHABILITATION is underway of the 62km line linking Tacna in southern Perú, with Arica in northern Chile, and the passenger service should be restored in July with two round trips per day using a refurbished...
rumo-all-sets-out-$us-25bn-investment-strategy
RUMO ALL, the company formed in February following the takeover of Latin American Logistics (ALL) by Rumo Logistics, a subsidiary of Cosan Logistics, has unveiled a long-term investment strategy which emphasises modernising the Brazilian railfreight...
greenbrier-buys-stake-in-amsted-maxion-hortolândia
THE Greenbrier Companies has completed its acquisition of a 19.5% stake in Brazilian wagon manufacturer Amsted-Maxion Hortolândia for $US 15m. Amsted-Maxion Hortolândia will use the investment to pay down outstanding debt and position the company for...
vtg-unveils-lng-tank-wagon-for-europe
VTG has unveiled what it says is Europe's first tank wagon for transporting liquefied natural gas (LNG) at this week's Transport and Logistics trade fair in Munich. VTG has developed two prototype wagons to demonstrate its...
rzd-reports-mixed-2014-results
IMPROVING performance at its logistics service division helped Russian Railways (RZD) to report increased revenues in 2014. However, the holding company did report a net loss of Roubles 99.3bn ($US 1.96bn) following the weakening of...
five-consortia-in-running-for-oman-rail-civils-contract
FIVE consortia bidding for the civil works contract for the first phase of Oman's railway network have reportedly passed the technical evaluation carried out by Oman Rail for the project, with the railway subsequently meeting...