Business news from the world rail freight market.
Three C23EMP locos which Wabtec has built at Cotagem in Brazil for Uruguayan new entrant RAS Transport were moved from Montevideo docks to national freight operator SELF’s Peñarol workshops on February 28 for the start of commissioning activities.
In response to increasing regulatory and operational pressures on long-haul road transport between Serbia and western Europe, DP World and LKW Walter have launched a three times per week intermodal rail service between Novi Sad and Herne in Germany. ‘By connecting Novi Sad to the Rhein-Ruhr region with a scheduled intermodal service, we’re strengthening Serbia’s integration into European supply chains and reinforcing its role as a strategic trade gateway in southeast Europe’, said Gokhan Yurteken, General Manager for DP World Novi Sad. ‘This service will give our customers a faster and more predictable route from Serbia into western Europe, reducing reliance on cross-border trucking operations while improving schedule reliability and cutting emissions.’
North Carolina Railroad Co is invest up to $600 000 to build a rail spur to serve US Forged Rings Inc’s new manufacturing facility in Hertford County which will undertake large-scale metal fabrication for the energy industry. Traffic is predicted o be at least 1 825 wagons per year.
Lineas is to lease two Stadler Euro9000 electro-diesel from a batch of 12 ordered by Alpha Trains in 2023. The first is expected to be delivered during March under a full-service lease with maintenance and technical support by Stadler Rail Services, and will be used on routes from North Sea to the Mediterranean. The deal is being funded with €15m from Germany’s Federal Ministry of Transport as part of a programme to increase the share of low-emission and alternative propulsion systems in passenger and freight rail by reducing the additional investment costs involved.
Investment banking firm Northborne Partners was exclusive financial advisor to Savage Enterprises in connection with its agreement to sell Savage Rail to Cando Rail & Terminals. It is Northborne’s 14th rail-related transaction in four years.
ČD Cargo has awarded ČMŽO Elektronika a contract to equip 42 Škoda Class 363 locomotives with AngelStar ETCS onboard units, Siemens safety equipment and Trameco recording units.
KiwiRail director Scott O’Donnell has decided to leave the board from March 24 as a new venture will require him to spend more time in Australia.