Glance, a Google-backed Indian startup known for its smartphone lockscreen platform, is intensifying its efforts to penetrate the US market. This follows a recent pilot program with Verizon and Motorola. Glance’s platform offers customised conten…
It’s time the EU commits to financial support for rail to meet policy goals
Consistency in pursuing goals, political commitment and explicit financial guarantees. Those are the three pillars that will ensure rail investments take place in a targeted and efficient manner in pursuit of reaching climate and decarbonisation goals and making rail freight more competitive. According to ETF, CER, and UITP, it is high time the EU proved…
LX Pantos opens rail terminal in Hungary for car battery logistics
South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…
60 per cent of Italian railways to be closed in 2024
The next couple of years will be quite burdensome for the Italian rail freight industry as traffic along many lines will have to be interrupted for upgrade works. Just throuhgout 2024, 60 per cent of the Italian rail lines will be subject to partial or total closure, for a total of 4,100 days. Over 200…
European Parliament to approve TEN-T revision today
The European Parliament (EP) is voting today on the trialogue agreement on the revision of the TEN-T Regulation. Expectations are that the EP will approve the text. After that, the policy will be translated into the 24 EU official languages, published in the Official Journal of the European Union and come into force. The initial…