French rail workers have lined up a double-whammy of strikes in the Christmas build-up, with a 37-hour walkout for a fortnight this month and an indefinite follow-up next month.
The regularity of ‘black swan’ events has meant unexpected costs for European shippers, according to Maersk, but it could be a chance to «build back better».
On 24 October 2024, Helrom GmbH will launch a 560 km rail freight service between Regensburg and Verona via the Brenner Pass with four weekly departures.
Deutsche Bahn’s freight division is being restructured. After months of negotiations, Deutsche Bahn has finalised a comprehensive restructuring plan for DB Cargo.
Russia’s dependence on Chinese rail freight has been put into stark focus by the escalating chaos across the tracks following Ukraine’s counter-invasion last month, as the full impact of the west’s sanctions regime begins to bite.
Despite a decline in trade between China and the European Union, rail freight on Eurasian routes has reached record levels. The reliability of rail transport is gaining more attention amidst global supply chain disruptions and instability in maritime routes.
The EFRA wants to see more infrastructure investment as well as changes to track access charges, plus the implementation of the European Rail Traffic Management System and a Single European Railway Area.
PKP Polskie Linie Kolejowe has launched three rail infrastructure tenders totalling PLN 6 billion (EUR 1.4 billion) implemented with the support of EU and budget funds.
Danish logistics company DSV will be the new owner of DB Schenker. The company is putting 14,3 billion euros on the table for the acquisition, propelling it forward to possibly become the largest freight forwarder in the world.
Signs of a breakthrough have emerged in the standoff between German dockers and their port employers after an escalation at the weekend saw trains locked out of the Port of Hamburg.
A consortium led by CVC Capital Partners has presented Deutsche Bahn with an «alternative» offer to acquire DB Schenker. As part of the deal, the company will reinvest €1 billion and retain a 24.9% stake in the logistics company.
German state-owned Deutsche Bahn may be forced to end its financial support for its deteriorating freight operation, DB Cargo, as the European Commission is expected to prohibit such subsidies from 1 January.
Danish shipping giant DSV and a consortium led by private equity fund CVC Capital Partners submitted their final offers to purchase DB Schenker, the logistics arm of the German railway group Deutsche Bahn. What has been called as the logistics sale of the 21st century should thus be finalised in the coming weeks.