The Austrian national rail freight company Rail Cargo Group (RCG) started the upgrade of the rail terminal in Wels, roughly 30 kilometres southwest of Linz. The four loading tracks will be extended from 580 to 700 metres to accommodate longer block trains. The total investment for the terminal upgrade, which will be shared by RCG […]
Category: Austria
Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]
Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]