The SNCF Group has recorded a third consecutive year in the black, thanks mainly to the strong performance of its high-speed (TGV) passenger services. Net profit totalled 1.3 billion euros compared to the record figure of 2.4 billion a year earlier, while turnover was up 0.7 per cent at 41.8 billion euros. “The Group is […]
Category: Captrain
The rail freight industry in Portugal is unsatisfied, says study
The rail freight sector in Portugal is somewhat of a unicum in the European Union. Just like in Spain, the railway network is equipped with the Iberian gauge (1,668mm). Moreover, there is no state-owned rail freight operator in the country, unlike most of the other EU Member States. The Portuguese Mobility and Transport Authority (AMT), […]