For over 20 years the European Union has been trying to encourage a modal shift of passengers and freight from road to rail. Andrew Goltz and Jakub Majewski discuss the impact of European Union policy and funding with some of the leading figures in Poland's railway industry and consider whether Europe's influence could have been more effective.
GENESEE & Wyoming (G&W) confirmed on March 25 that it has completed the £492m acquisition of approximately 94% of Freightliner Group, Britain, from Arcapita and other shareholders, plus approximately £19m of net debt and capitalised leases.
SAUDI Railway Company (SAR) has awarded a £120m five-year contract to provide operational management and technical support services on the North-South Railway to a British consortium of Serco Group, Network Rail Consulting, and railfreight operator Freightliner.
POLISH rolling stock manufacturer Newag announced on February 2 it has secured a €17.5m contract to supply five E6DCF-DP Dragon electric locomotives to ING Lease Poland for use by open-access railfreight operator Freightliner PL.
BRITISH railfreight operator Freightliner is set for a major expansion of its international activities after announcing on June 19 that it has acquired Rotterdam-based intermodal operator ERS Railways from Maersk Line for an undisclosed sum.
EUROPEAN railfreight transport operators are continuing to suffer from low profitability despite considerable increases in traffic since the height of the world financial crisis in 2009, according to the latest European Railfreight Transport Market 2012 study released by SCI Verkehr.
Liberalisation of Polish railfreight has arguably been a great success, with open-access operators now controlling almost half of the market. But with high fixed costs and static volumes, the industry still faces fundamental challenges, as Keith Barrow discovers.