Railcare’s board has decided to wind down its UK operations following a sustained decline in contracting volumes. The process begins immediately, with existing projects to be completed.
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DB Cargo to be divided into six units?
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The German state-owned rail freight operator is facing an uncertain future due to significant losses and proceedings from the European Commission (EC). In an attempt to become profitable, DB Cargo might be divided into six divisions dedicated to different types of transport. The initiative was shared by German media RedaktionsNetzwerk Deutschland (RND), which cites a…
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Rail Baltica is an economically viable undertaking. While its projected cost has grown immensely in recent years, the high-speed rail line is expected to contribute up to 23,5 billion euros to the Baltic economies. Freight, however, is not likely to contribute much. An independent cost-benefit analysis (CBA) found that Rail Baltica will likely add between…
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