Rail freight industry newsThe latest news from the worldwide rail freight and logistics industry, including heavy haul, intermodal and wagonload haulage operations, rail freight technology and investment.
RUSSIA: Leasing company VTG Rail Russia has awarded United Wagon Co a contract to supply 150 flat wagons for carrying timber products. Deliveries are scheduled to be completed by the end of this year.
GERMANY: Deutsche Bahn has strongly rejected concerns raised by the Federal Audit Office that it had failed to manage federal funds effectively and that its finances were in disarray.
CAMBODIA: The rail network is not yet working well for freight shippers despite recent improvements, a trade body told the 17th ASEAN Ports & Shipping Conference in Phnom Penh.
POLAND: Newag signed what it said was its largest-ever contract on September 17, covering the supply of 31 Dragon 2 electric locomotives to PKP Cargo for 518·9m złoty.
USA: RJ Corman Railroad Co has finalised a long-term agreement to lease a 21 km short line in Coosa Pines, Alabama, from the City of Childersburg Local Redevelopment Authority.
HUNGARY: ÖBB-owned freight operator Rail Cargo Hungaria has awarded CRRC Zhuzhou Locomotive a contract to supply four prototype ‘high power’ electric–battery main line and shunting locomotives.