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Chinese rail freight volumes down 11.9% in 2015 THE slowdown in China's economic growth has translated into a significant year-on-year decline in rail freight volumes, according to official data released by the National Development and Reform Commission (NDRC) on January 26.
union-pacific-cuts-capital-spending-by-15
UNION Pacific (UP), Unites States, plans to invest $US 3.75bn in 2016 which it says is around $US 550m less than it invested in 2015, representing a reduction of almost 15%.UP suffered an 8% fall...
metrans-launches-rotterdam-poznan-intermodal-shuttle
METRANS the Czech open-access railfreight subsidiary of Hamburg Ports and Logistics (HHLA) has launched a new intermodal service between the port of Rotterdam and Poznan in Poland. The new service operates three times a week with...
digitisation-and-automation-will-define-our-future
INNOVATION is the key to success as it will improve our competitiveness by providing leading-edge technologies. We have to make sure we are always one step ahead of others when it comes to technology and...
chinese-rail-freight-volumes-down-119-in-2015
THE slowdown in China's economic growth has translated into a significant year-on-year decline in rail freight volumes, according to official data released by the National Development and Reform Commission (NDRC) on January 26. Overall volumes fell...
portugal-completes-cp-carga-privatisation
MEDITERRANEAN Shipping Company (MSC) announced on January 21 that its MSC Rail subsidiary has completed its acquisition of Portugal's former state-owned rail freight operator CP Carga. MSC has paid €53m for a 95% stake in CP...
political-stakes-high-as-election-looms
IN light of emerging global economic trends in competition and innovation, Australia's industries and business environment have undergone significant changes in the past seven years. The resulting demise of the manufacturing industry, forced closure of power...
transnet-continues-to-invest-despite-commodities-slump
THE view from the 49th floor of Transnet's Johannesburg headquarters is impressive. The city sprawls out on all sides and those with an eye for such things will immediately note the big yard to the...
union-pacific-reports-8-drop-in-profit
UNION Pacific (UP), United States, has reported an 8% fall in net income from $US 5.18bn in 2014 to $US 4.77bn last year due to a significant drop in freight traffic and income.Freight wagon loadings...
economic-headwinds-reinforce-the-need-for-balanced-regulation
THE US economy is wrestling with the prospect of a tempered outlook for the first part of 2016, highlighting that while North America's freight railways might do well in good times, they assume huge risk...
era-seeks-solutions-to-“the-innovation-problem”
THE European Railway Agency (ERA), which became operational in 2006, was set up by the European Union as part of its plan to create a single railway area. ERA is responsible for developing a common...