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Category: Business

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Work stoppage in Canada to have significant international impact

  • Marco Raimondi
  • August 20, 2024
  • 0

It is now official: a massive work stoppage for the rail freight sector will begin in Canada on Thursday 22 August. The initiative is expected…

  • Business
  • Corruption
  • PKP Cargo
  • Poland
  • Rail News
  • scandal

PKP Cargo replaces 5 out of 7 regional directors after fake job scandal

  • Guest authors
  • August 19, 2024
  • 0

PKP Cargo has dismissed five out of its seven regional directors. The move follows revelations about a widespread fake job scheme. Reportedly, regional directors awarded…

  • Business
  • Green Cargo
  • Quarterly figures
  • Rail News
  • sweden

Green Cargo halves organic operating loss in Q2, worsens profit after tax

  • Guest authors
  • August 19, 2024
  • 0

Swedish rail freight operator Green Cargo has halved its organic operating losses in the second quarter of 2024. Even if the company “still has a…

  • Business
  • Financial report
  • Iron Ore Line
  • LKAB
  • Malmbanan
  • Rail News
  • Trafikverket

LKAB profits nearly halved due to continuous problems on Iron Ore Line

  • Guest authors
  • August 16, 2024
  • 0

Sweden’s mining giant LKAB recorded a significant decline in its half yearly profits. The financial downturn is a result of persistent problems on the crucial…

  • Business
  • Canada
  • Canadian National Railway
  • Canadian Pacific Kansas City
  • CN
  • CPKC
  • Rail freight
  • Rail News
  • Strike

Massive rail strike in Canada could start next Thursday

  • Marco Raimondi
  • August 16, 2024
  • 0

The Canadian Labour Minister Steve MacKinnon said he would not get involved in the dispute between the two main rail freight operators, Canadian National (CN)…

  • ADY
  • Asia-Europe
  • Azerbaijan
  • Azerbaijan Railways
  • Baku-tbilisi-kars railway
  • BTK
  • BTKI Railways
  • Business
  • Georgia
  • Marabda-Kartsakhi Railway

Georgia and Azerbaijan establish BTK joint venture

  • Marco Raimondi
  • August 15, 2024
  • 0

Azerbaijan Railways (ADY) and Georgian rail freight operator Marabda-Kartsakhi Railway created a new joint venture in the context of the Baku-Tbilisi-Kars (BTK) railway. “The joint…

  • Belarus
  • Business
  • kursk
  • Labour shortage
  • locomotive shortage
  • Rail freight
  • Russia
  • Russian Railways
  • RZD
  • Ukraine

Russian rail faces collapse after Ukraine’s Kursk invasion

  • Guest authors
  • August 15, 2024
  • 0

Ukraine’s surprise invasion of the Russian Kursk region has not left the latter’s rail untouched. The attack led to rail congestion in the area, and…

  • Business
  • Ukraine
  • Ukrainian Railways

Ukrainian Railways records first negative finances of 2024 in July

  • Guest authors
  • August 15, 2024
  • 0

Despite growing volumes and new records set, Ukrainian Railways has registered its first negative monthly balance of 2024 in July. The company blames energy costs,…

  • Business
  • combined transport
  • UIRR

Combined Transport performance rebounds by 4,25% in Q2 2024

  • Guest authors
  • August 14, 2024
  • 0

European Combined Transport (CT) performance has rebounded by 4,25 per cent in the second quarter of 2024. The improvement occurred because the sector left earlier…

  • Business
  • PKP Cargo
  • Poland
  • Restructuring

‘PKP Cargo had fictitious double or triple jobs’, possibly fewer layoffs

  • Guest authors
  • August 14, 2024
  • 0

PKP Cargo had employees who worked fake double or even triple jobs. Reportedly, the company dismissed two regional directors involved in the scheme to award…

Posts pagination

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