In a “negative as expected” year, Deutsche Bahn’s financial performance was again in the red. Losses were not avoided in 2023, and the Group’s freight subsidiary DB Cargo was no exception. The state-owned freight carrier did not meet the target of closing 2023 with a loss of 225 million euros. Instead, the company reported EBIT…
Russia starts rail freight service through occupied Ukrainian land
Russia has launched a rail freight service through occupied Ukrainian territories. It started working on a direct rail line to Crimea over land last year. On 15 March, Russia reported that the freight route between Rostov-on-Don and Crimea started operating. According to Oleg Kalevatykh, the deputy head of ‘Novorossiya Railways’, the first train on the…