A company said in statement, Deutsche Bahn is relying on rail freight growth to justify its purchase of 60 Vectron multi-current locomotives from Siemens.
The locomotives, which can be used in cross-border transport and are worth EUR 250 million (USD 294.35 million), are part of a master agreement with Siemens for up to 100 new mainline locomotives for DB Cargo. The first five locomotives will go into operation as early as December.
The additional 55 locomotives are scheduled to be delivered in the second half of 2018.
The locomotives will be equipped with European Train Control System (ETCS) technologies and will be used on the Rhine-Alpine corridor in...
CEVA Logistics, one of the world’s leading supply chain management companies, has launched a new rail service linking Shilong in southern China’s Guangdong province to Hamburg in Germany.
In conjunction with the Chinese state railway company, the new regular block trains will route Shilong, Manzhouli (China), Zabakalsky (Russia), Brest (Belarus), Malaszewicze (Poland) and Hamburg with a station-to-station lead time of 17-19 days.
CEVA’s new year-round service solution will save customers up to 2 days in time compared with other routings and will also deliver cost savings as a result.
CEVA first initiated its China-to-Europe rail servic...
Greencarrier Freight Services International has launched a new service for containerized freight to transport goods all the way from China, through Russia and Belarus, to Sweden by rail.
Previously, the goods were cross-docked at the company's warehouse in Karpin, just outside of Warsaw in Poland, before being taken onwards by road.
But with the new service, containers are reloaded onto rail cars in Hamburg for Scandinavia and the company's new hub in Hallsberg in Sweden. The lead time from Hamburg to Hallsberg is only a few days.
The company said that it is currently only handling full container loads (FCL) via its set-up in Hamburg. However, i...
DHL Global Forwarding is continuing to expand its rail services between China and Europe with a new connection to Belarus.
The forwarding giant today launched the first regular rail connection between Shenzhen and Minsk.
The route takes 12 days and also covers new overland connections to several major cities along China’s “Belt and Road” network that aims to re-establish the old silk road trade route.
DHL will manage the new route together with China Brilliant, an integrated service provider in global manufacturing and consumption.
The service will offer both Less-than-Container Load (LCL) and Full Container Load (FCL) servi...
Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said at the conference "Innovative Technologies for Rolling Stock" organized by Interpipe and Dnipropetrovsk National University of Railway Transport which took place in Dnipro.
According to him, the volume of rail cargo volume began declining in 2012 due to the stagnation of industry.
The rate of decline accelerated in 2014-2015 after the annexation of Crimea and the fighting in Donbas. In 2016 rail freight traffic decreased by 1.7% compared to 2015 and by 27% compared to 2011, to 344 million t...
Norfolk Southern Corp posted a 12% first quarter year-on-year net profit increase to USD 433 million, drawn on revenues of USD 2.6 billion, which rose 6%.
The company attributed the upward trend to a 7% rise in income from railway operations and a lower effective income tax rate as well as from growth in coal, intermodal shipments.
Norfolk Southern chairman, president and CEO James Squires said,"Norfolk Southern's record results demonstrate the efficacy of our strategic plan, under which we are enhancing service quality while driving efficiency improvements.”
He said that "Our superior service has positioned us for growth and, couple...
According to the Chengdu International Railway Services Company, the number of freight trains operating between China's southwestern city of Chengdu and Europe is expected to double in 2017 compared to last year.
Chengdu, the capital of Sichuan province, operated 460 freight trains to cities in Poland, the Netherlands and Germany last year - more than any other Chinese city. Globally, Chengdu delivered a total of 73,000 tonnes of goods valued at US1.56 billion in 2016.
The southwestern hub has planned three major rail line services to Europe, with a middle route to Germany, Poland and the Netherlands, a southern route to Turkey and beyond, and another northern...
India's Minister for Railways Suresh Prabhu announced here that it would soon link Kathmandu to New Delhi and Kolkata using direct railway lines, in a bid to strengthen cross-border connectivity and facilitate movement of people between the two countries.
Prabhu, who is here to address the Nepal Infrastructure Summit, said that this could happen as soon as Nepal signed a Memorandum of Understanding (MoU) for engineering surveys.
He added that India was ready to share its drone technology and experience with Nepal for monitoring the project.
This move is a counter to China's bid to expand its rail network towards Lumbini via Kathmandu, according ...
China will run nearly 1,000 cargo trains to Europe in 2017, more than double the number from last year, as the Communist trading giant ramps up efforts to boost its dwindling exports.
The Chengdu International Railway Services Company said, the cargo trains from southwest China's Chengdu city would be doubled.
Chengdu, capital of southwest China's Sichuan Province, ran 460 cargo trains to cities in Poland, the Netherlands and Germany last year more than any other Chinese city. Chengdu delivered a total of 73,000 tonnes of goods worth 1.56 billion dollar in 2016 globally, state-run Xinhua news agency reported.
The southwestern hub has planned thr...
The first container train from China to UK has arrived at the Barking's Eurohub freight terminal in London after an 18-day journey over 12,000 kilometer (km) from Yiwu in eastern China.
The train is operated by the InterRail Group, a multinational transport operator headquartered in Switzerland, on behalf of China Railway subsidiary CRIMT (China Railway International Multimodal Transport) and
DB Cargo was responsible for the last leg of the journey, from Duisburg to London. The silk road trading road is not yet reborn, though, since this journey is just a test trip run as part of China President Xi Jinping's 'One Belt, One Road' (OBOR) trade policy...