Europe’s big aspiration to reverse the decline of its rail freight industry will require significant effort, with substantial investment and smart thinking. Governments and industry players can help to achieve this goal, as there are examples of success to draw on and some key levers to pull.
McKinsey & Company is an American worldwide management consulting firm, founded in 1926 by University of Chicago professor James O. McKinsey, that advises on strategic management to corporations, governments, and other organizations.
With economic development, environmental, social and governance (ESG) issues are becoming increasingly important for many sectors, including transport. The transport sector is one of the pillars of international trade and the modern world as a whole, and rail transport is a crucial component of this ecosystem.
In 2022, Eurasian rail container transportation faced two main challenges.