South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…
60 per cent of Italian railways to be closed in 2024
The next couple of years will be quite burdensome for the Italian rail freight industry as traffic along many lines will have to be interrupted for upgrade works. Just throuhgout 2024, 60 per cent of the Italian rail lines will be subject to partial or total closure, for a total of 4,100 days. Over 200…
European Parliament to approve TEN-T revision today
The European Parliament (EP) is voting today on the trialogue agreement on the revision of the TEN-T Regulation. Expectations are that the EP will approve the text. After that, the policy will be translated into the 24 EU official languages, published in the Official Journal of the European Union and come into force. The initial…
Belarus raises rail freight fees by 8% amid higher China-Europe traffic
The Belarusian government has decided to raise rail freight fees by an average of eight per cent. The country, an important transit country for the increasing amount of goods coming into Europe from China, may seek to benefit from the growing freight volumes transiting its network. As per a decision of Belarus’ Ministry of Antimonopoly…
Rail returns to Stellantis auto plant in northern France
After a long absence of 13 years, rail is returning to the Stellantis car factory in Hordain in northern France. While Stellantis has long relied on road haulage, the covid pandemic threw a spanner in the works and forced the car manufacturer to reconsider its transport options. Train services at the Stellantis plant in Hordain…