FOLLOW US:

Freight

image
China lets market decide new line's railfreight rates CHINA's National Development and Reform Commission has announced that freight rates on the new 179km Zhunchi Railway, which is due to open in June, will be determined by the carrier, its clients and investors.
brazil-to-finance-carajas-railway-expansion
BRAZIL's National Development Bank (BNDES) has approved further Reais 6.2bn ($US 2.8bn) in funding for mining giant Vale's plan to increase iron-ore production to 230 million tonnes per year, which includes investment in capacity enhancements...
rhaetian-railway-passengers-up-freight-down
RHAETIAN Railway (RhB), Switzerland's largest independently-owned railway, saw a 2.9% increase in passenger traffic last year, according to the company's annual results, which also show freight performance remains below expectations. RhB carried a total of 9.8...
RUSSIAN Railways (RZD) has commenced testing of freight traffic on the reopened link from the Khasan border station of the Trans Siberian Railway in western Siberia to the port of Rason, North Korea. Two freight trains...
luxembourg-railways-plans-€126m-freight-investment
LUXEMBOURG Railways (CFL) is set to invest €126m in its freight subsidiaries CFL Cargo and CFL Multimodal as part of its freight business plan for 2020, which was approved by the CFL board on March...
moretti-fs-to-break-records-in-2015
In an exclusive interview, Mauro Moretti, CEO of Italian State Railways (FS), explains how the national railway has managed to weather one of the worst financial and economic crises to hit Italy while at the...
china-lets-market-decide-railfreight-rates-on-new-line
CHINA's National Development and Reform Commission has announced that freight rates on the new 179km Zhunchi Railway, which is due to open in June, will be determined by the carrier, its clients and investors. State-owned mining...
new-european-loco-leaser-orders-vectrons
AMERICAN private equity firm KKR has confirmed that it has established European Locomotive Leasing (ELL), which is based in Austria and Germany, and will provide full-service locomotive leasing solutions for freight and passenger operators in...
qube-plans-$a-50m-grain-haulage-shake-up
AUSTRALIAN transport logistics group Qube Holdings has announced a $A 50m ($US 45.4m) investment in a new multi-user export grain handling facility at Port Kembla, New South Wales, and in new rail equipment to service...
mou-signed-to-develop-integrated-china-–-europe-rail-service
THE national railways of Russia (RZD), Kazakhstan (KTZ) and Belarus (BC), the United Transport & Logistics Company Project Office (UTLC PO), and DHL Global Forwarding have signed a MOU to develop railfreight forwarding services between...
ec-probes-state-aid-in-italian-railfreight-market
THE European Commission (EC) has launched an investigation into the use of public service compensation and free asset transfers in the Italian railfreight market amid concerns over the possible use of illegal state aid. The EC...