Polish state-owned rail freight operator PKP Cargo is looking for ways out of its dire financial situation. The company’s new management took the drastic step of suspending nearly a third of its workforce to save money. Now, its strategy director says that the company is looking to semi-trailer transportation for new business opportunities. PKP Cargo…
Category: Rail freight
Freight gets the message to British TV
Freightliner’s chief executive, Tim Shoveller, hosted a TV news crew aboard a long-distance intermodal service last week. The journey was the weekend lead for Channel 4 News. It brought an important message to the homes of millions of viewers. Freightliner, and their logistics partners, were making the case for more freight on rail in the…
TX Logistik launches new Göteborg – Umeå intermodal connection
TX Logistik is launching a new intermodal service in Sweden. The company will run a biweekly round trip from Göteborg to Umeå via Eskilstuna near Stockholm. At all locations, the train will make stops at intermodal terminals. The Mercitalia Logistics subsidiary offers 32 loading units per train on the biweekly round trip. Both cranable and…
Fuel, electricity and labour costs behind new KTZ cargo fee hikes
Higher fuel, electricity and labour costs are forcing Kazakh Railways’ cargo division (KTZ-GP) to increase its prices. Indebted Kazakh Railways (KTZ) is increasing its prices all across the board, to the dismay of the business community. KTZ is deeply in debt and needs higher income to cover its budget gaps. Even with a fourfold revenue…
Russia and Belarus to harmonise rail freight tariffs
Russia and Belarus will unify rail tariffs. Reportedly, the two countries are already working on the implementation of the measure. Most likely, it will lower tariffs on the Russian network. Russia and its steadfast ally Belarus are on a path of deepening integration within the framework of the so-called Union State. The two countries are…
Tajikistan looking for 7,5 billion dollars in funding for rail
Tajikistan seems to be hopping onto the bandwagon for rail infrastructure in Central Asia. The country is looking for 7,5 billion dollars (7 billion euros) in investments for its rail network. The Tajik rail infrastructure is underdeveloped yet crucial for the country’s international trade. At an economic forum in the Russian city of Kazan, the…
Middle Corridor countries discussing 50% tariff discount
The Middle Corridor is too expensive as a competitive alternative to other transport corridors that connect Europe and China. In an effort to boost the route’s attractiveness, involved countries are now discussing a fifty per cent discount on tariffs along the route. Five countries that are part of the Middle Corridor are currently taking part…
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,…
Buckland Rail becomes a UK brand
UK holding company Buckland Rail has amalgamated its family of rail businesses under their own brand. It means a change of logo for some well-known companies. Gone will be the familiar names of WH Davis and Davis Wagon Services, and the engineering support company Yellow Rail. All three will become unified as part of the…
Surprise, surprise: TACs in Hungary are about to rise
Hungary will increase its Track Access Charges (TAC) by 14 per cent from 1 September 2024. This is the first time in two decades that TACs in the country have been increased in the middle of a year, as Hungarian rail association Hungrail pointed out. “The increase will most likely cause more damage to the…