US bank provides Ukrainian Railways $156 mln for rolling stock update

As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…

US bank provides Ukrainian Railways $156 mln for rolling stock update

As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…

Switzerland asks ERA to update EU contract on the use of freight wagons

In the European Union, the use and maintenance of rail freight wagons is regulated by two directives, one from 2006 for their use and one from 2019 for their maintenance. The Swiss Federal Office of Transport (FOT) is asking the European Railway Agency (ERA) to make a clear statement for the revision of the oldest…

Not only wagons: MSC plans to build bogies in Trieste as well

MSC is in talks to take over the industrial site formerly used by Finnish maritime equipment manufacturer Wärtsilä in the port of Trieste. The shipping giant claimed it wants to use the area to build 1,000 rail freight wagons every year. Moreover, it seems as if the company wants to launch the production of rail…