Kombiverkehr adds Niš MBOX Terminal to its intermodal network

A win-win solution between Kombiverkehr and MBOX Terminal will see the two partners extending their service network. The two companies have commenced a new collaboration that will see freight trains linking Wels in Austria and Niš in Serbia. The partnership is in effect already and starts by offering three weekly roundtrips between the two locations.…

French opposition leader calls for privatisation of SNCF

Following another day of disruptive strike action earlier this week over the payment of bonuses during the Paris Olympic and Paralympic Games this summer, the leader of one of France’s leading opposition political parties has called for the privatisation of SNCF. This initiative would, according to them, ensure more fair competition. In an interview with…

Low freight volumes: Russian Railways loses up to 50 billion rubles

Freight volumes on the Russian rail network keep falling. Russian Railways (RZD) likely incurred a 50 billion ruble loss due to the decline over the first months of 2024. The trend is unlikely to reverse soon. For the past seven months, freight volumes on the Russian rail network have been in decline. According to Forbes.ru,…

Shortlist for DB Schenker’s buyers to be ready next week

Deutsche Bahn (DB) has received the first confirmatory bids for the sale of its logistics arm DB Schenker. Some of the companies that presented an offer include DSV, Maersk and MSC. Morevoer, equity firms such as CVC Capital Partners and Carlyle Group confirmed their bid of around 14 billion euros. This new step comes after…

Swiss and German ministries spearhead CargoBeamer’s terminal expansion

The Swiss Federal Office for Transport (FOT) and the German Federal Railway Authority (EBA) are set to spearhead the expansion of CargoBeamer’s terminals in Domodossola (Italy) and Kaldenkirchen (Germany), respectively, with their investments. The two public entities will raise 90 million euros in total for the two projects. At the same time, the Germany-based intermodal…

‘Our situation is worse than I thought’, says PKP Cargo President

The Polish state-owned rail operator, PKP Cargo, might be nearing the end of its life due to years of mismanagement and the inability to adapt to a changing market. The current Acting President of the company, Marcin Wojewódka, said that the situation is worse than expected, with both volumes and share values dropping significantly and…