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Category: Business

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  • Page 46
  • Business
  • Germany
  • insolvency
  • Rail News
  • Vollert

German rail equipment producer Vollert files for insolvency

  • Guest authors
  • August 18, 2025
  • 0

Vollert, a German rail tech company, has filed for insolvency. It intends to continue working as normal for the time being. The company’s problems reflect…

  • Brookfield Corporation
  • Business
  • european commission
  • GATX
  • Rail News
  • Rolling Stock
  • Wells Fargo

Wells Fargo to sell its rail assets to GATX and Brookfield for over 4 billion euros

  • Marco Raimondi
  • August 15, 2025
  • 0

The European Commission (EC) cleared the acquisition of Wells Fargo’s rail assets by GATX and Brookfield Corporation. The portfolio includes around 128,000 wagons and 440…

  • Business
  • Green Cargo
  • Rail News
  • St1
  • sweden

Green Cargo takes over St1 fuel transport from ships

  • Guest authors
  • August 15, 2025
  • 0

Green Cargo has started transporting fuel between Gothenburg and Malmö in Sweden. Previously, those shipments were carried out by sea, but the rail freight operator…

  • Business
  • halfyearly report
  • HHLA
  • Rail News

HHLA reports robust H1 2025 performance

  • Guest authors
  • August 14, 2025
  • 0

German logistics company HHLA has had a very successful first half of 2025. Revenue (884,5 million euros) and EBIT (79,4 million euros) are up substantially,…

  • Business
  • Green Cargo
  • quarterly results
  • Rail News
  • sweden

Green Cargo operating result positive but propped up by subsidy and asset sale

  • Guest authors
  • August 14, 2025
  • 0

Swedish rail freight operator Green Cargo has shown positive results in various areas in the second quarter of 2025. That includes an improvement in the…

  • Business
  • Hungary
  • HUNGRAIL
  • Rail News

Rail freight in Hungary experiences ‘brutal decline’

  • Marco Raimondi
  • August 14, 2025
  • 0

The first quarter of 2025 was not a good time for the Hungarian rail freight sector. The domestic performance dropped by 24.8%, while the international…

  • Business

Vietnam plans AI deal with Korea’s KT and fibre link with Singapore

  • Guest authors
  • August 13, 2025
  • 0

A busy week for telecommunications news in Vietnam has seen yet another agreement between a state-owned Vietnamese business and a major Korean company, along with the launch of a terrestrial fibre optic cable directly connecting Vietnam to Singapore.

  • Belarus
  • Belarusian Railways
  • Business
  • Community of Railway Workers of Belarus
  • Rail News

Belarusian Railways defaults on its euro debts

  • Guest authors
  • August 12, 2025
  • 0

Belarusian Railways (BZhD) has failed to redeem a matured euro bond and make interest payments for two other euro bonds. Until 2020, euro debt was…

  • Business
  • layoffs
  • PKP Cargo
  • Poland
  • Rail News

PKP Cargo confirms 765 additional layoffs

  • Marco Raimondi
  • August 12, 2025
  • 0

Polish incumbent PKP Cargo will lay off 765 employees by the end of September. The decision was made after trade unions did not provide a…

  • Business
  • Ferrovie dello Stato
  • FS
  • FS Logistix
  • Italy
  • Mercitalia Logistics
  • Rail News

Mercitalia improves finances but volumes decline

  • Marco Raimondi
  • August 8, 2025
  • 0

Mercitalia Logistics, the rail freight branch of Italian state-owned Ferrovie dello Stato (FS) has improved its financial figures but volumes have decreased during the first…

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