Freight news – Page 132
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NewsMontecargo privatisation negotiations completed
MONTENEGRO: The Ministry of Finance has completed negotiations for Polish group OT Logistics to acquire a 51% stake in national rail freight operator Montecargo and a 30% stake in Port of Bar operator Luka Bar. The privatisation must now be approved by parliament. Under the final agreement, OT Logistics ...
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NewsGySEV orders Vectron locomotives
EUROPE: Hungary to Austria cross-border operator GySEV has signed a contract for Siemens to supply five Vectron locomotives, with an option for a further four. The firm order announced on March 17 covers three triple-system electric locomotives, and two dual-system locomotives with last-mile engines. The locomotives will be equipped with ...
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NewsIntereuropa-FLG becomes Rail Cargo Logistics
SLOVENIA: Intereuropa-FLG has been renamed Rail Cargo Logistics, after Austrian Federal Railways’ subsidiary Rail Cargo Group increased its stake in the business from 50% to 74% to become the majority shareholder. Ljubljana-based Intereuropa-FLG has been part of the Rail Cargo Group since 2005. It offers a range of freight services ...
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NewsWorld rail freight news round-up
Russia's government has launched a programme offering financial support for the replacement of life-expired shunting and other locomotives used on industrial railways which do not form part of the national network. On March 15 Mexico’s Economic Competition Commission published an abstract of a preliminary report which has concluded that there ...
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NewsLow emissions locos delivered to Texas
USA: Knoxville Locomotive Works has begun delivering its largest order for low-emissions diesel locomotives. The Type SE10B and SE15B locos were ordered by Locomotive Solutions for use at chemical plants in Texas, with partial funding from the Texas Emissions Reduction Plan administered by the Texas Commission on Environmental Quality. ...
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NewsCustom wagons delivered and new CP tracks completed
CANADA: The first 177 of 531 wagons being custom-built by National Steel Car for K+S Potash Canada have been delivered to the Legacy Project mine site in Saskatchewan. The first batch of wagons will form one of three 3 km long trains to transport potash 1 800 km from the ...
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NewsChina - Europe rail freight poses a growing threat to air cargo
INTERNATIONAL: China to Europe rail freight services are ‘no longer carrying volumes that can be ignored’, and the air cargo sector must start taking the threat to its traffic seriously, Marco Bloemen, Senior Vice-President at air freight consultancy Seabury, told the International Air Transport Association World Cargo Symposium in Abu ...
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NewsHector Rail orders 15 locomotives for timber traffic
SWEDEN: Siemens announced on March 15 that Hector Rail had placed a firm order for a further 15 Vectron AC electric locomotives, as an option on a July 2016 order for an initial five. The 200 km/h locomotives are scheduled to be delivered from early 2018 for use on heavy ...
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NewsPort of Antwerpen supports rail freight service
EUROPE: H&S Container Line is to introduce a second weekly freight service between Andernach in Rheinland-Pfalz in Germany and the Belgian port of Antwerpen, with financial support from the port authority. Around 64 million tonnes of freight were carried between Antwerpen and Germany in 2015, the majority by water but ...
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NewsChinese proposal to bail out crisis-hit Bulgarian railway
BULGARIA: China Railway Rolling Stock Corp has submitted a proposal to make a significant investment in national rail operator BDZ Holding, caretaker Minister of Transport, Information Technology & Communications Hristo Alexiev has announced. The March 9 announcement came after the ministry made a series of decisions and management changes ...
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NewsDispute brings end to pallet exchange agreement
EUROPE: The European Pallet Association has announced that it is to terminate with effect from May 1 an agreement enabling the unrestricted exchangeability of EPAL Euro pallets with UIC/EUR pallets signed in October 2014. EPAL expressed concerns about quality assurance, claiming there have been ‘substantial shortcomings of UIC’s organisation of ...
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NewsWorld rail freight news round-up
CRRC Qiqihar has begun delivering 330 wagons for the Mombasa - Nairobi Standard Gauge Railway. The Type C70E open wagons are to be used for consignment including coal, ore, construction materials and machinery. Russian chemical company KuibyshevAzot has ordered 100 Type 15-6926 ammonia tank wagons from United Wagon ...
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NewsTranswaggon gets Savvy telematics
EUROPE: Leasing company Transwaggon and ScandFibre Logistics have awarded Swiss firm Savvy Telematic Systems a five-year contract to supply and support Cargo Trac-I digital tracking equipment for 3 000 wagons. Installation began in February, following the completion of trials with an initial 50 vehicles which confirmed that the batteries could ...
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NewsRM Rail signs Cuban wagon contract
CUBA: Russian rolling stock manufacturer RM Rail has signed a contract to supply a further 225 wagons to Cuba, following on from 363 wagons which were delivered last year. The latest order covers 50 sugar hopper wagons, 70 60 ft container flat wagons and 105 covered vans. The 1 435 ...
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NewsNurminen Logistics prepares to launch locomotive business
FINLAND: Nurminen Logistics has reported good performance from its Russian railway logistics activities during 2016. Demand for domestic was steady, with flows 'lively' as a result of sanctions. Efficiency improvements, the sale of covered wagons and successful sales efforts improved the overall finaincial result compared to the previous year. However, ...
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NewsFreight operators fined for stifling competition
SPAIN: National competition authority CNMC announced on March 6 that it would be imposing fines totalling €75∙6m on freight operators, following an investigation which had revealed anti-competitive practices in breach of Spanish and European Union law. CNMC says that national operator RENFE and various companies within the DB group, together ...
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NewsVTG reports an 'exciting and eventful year'
EUROPE: Synergies following the acquisition of AAE and improved efficiency across the business meant wagon leasing and rail logistics company VTG AG saw a 2·6% rise in operating profit to €345·3m in 2016, despite a 4·0% fall in revenue to €986·9m. Announcing the company’s preliminary results on March 7, CEO ...
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RZD Logistics traffic up 5%
RUSSIA: The RZD Logistics freight forwarding subsidiary of Russian Railways handled more than 56 million tonnes of freight in 2016, a 5% increase on the previous year. The main traffic was coal, metals, ore and containers. The company also handled internal rail logistics totalling more than 11 000 wagons/month for ...
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NewsCSX board restructured as Harrison takes charge
USA: Former Canadian Pacific Chief Executive E Hunter Harrison was confirmed as the new Chief Executive Officer of CSX Corp on March 6. He succeeds Michael Ward, who had announced his decision to retire as Chairman & CEO on February 21 and will now become a consultant. CSX has also ...
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NewsWagons equipped with energy-harvesting smart sensors
EUROPE: Leasing company VTG is equipping its entire European wagon fleet with Nexiot zero-maintenance smart sensors which can send data to a control centre every 5 min to provide operators and shippers with better visibility of their assets. According to VTG Chief Executive Dr Heiko Fischer, this will produce a ...