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,…
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…
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…