The carrier was one of many that came and went in the 2000s.
Category: Switzerland
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…
Will Switzerland fund the upgrade of the railway on the Rhine’s left bank?
The Swiss Federal Council proposed three measures to boost the modal shift from road to rail across the Alps. The main measure is the financing for the adaptation to the 4-metre profile of the railway between Basel, Strasbourg and Metz to create a viable alternative route on the left bank of the Rhine River. However,…
More DAC tests are over, developments remain vague
A consortium led by SBB Cargo recently submitted a report to the Swiss Federal Office of Transport (FOT) on the DAC+ tests it has been running since March 2023. These tests focussed on the digital aspects of the Digital Automatic Coupling (DAC) such as data transfer. The company said that the tests led to important…
Hupac’s numbers during 2023 decreased across the board
Hupac’s volumes in general fell by 11.7 per cent, from 975,000 to 845,000 road consignments. In financial terms, this translated into a “consolidated result” of -6,2 million euros. Transalpine volumes, the largest market segment for the company, decreased by 7.6 per cent. For non-transalpine traffic, the drop was set at 14.9 per cent. “Maritime hinterland…
Switzerland joins the club of countries increasing TACs
The Swiss Federal Office of Transport (FOT) said that Track Access Charges (TACs) in the country will increase by 2.1 per cent as of 1 January 2025. The figure chosen by the FOT was established to be as moderate as possible, taking into account the worries expressed by the sector. For the rail freight sector…