Rail Freight

Wabtec Corporation has reported 'record quarterly sales and earnings', and increased its full-year guidance. The company also declared a regular quarterly dividend of 3 cents per share, payable on Nov. 30, 2011 to holders of record on Nov. 16, 2011. Third quarter highlights...

The World Bank has signed a loan agreement of $975 million with the Indian Government and Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for the development of Eastern Dedicated Freight Corridor (EDFC) Project- I. The EDFC-I is a freight-only rail...

The Scottish Parliament has been urged to recognise the 'strategic economic benefits of investing in rail freight'. The Rail Freight Group (RFG) has written to the Infrastructure & Capital Investment Committee (ICC) of the Parliament, urging it to press the...

Updated forecasts for rail freight have been published today by the Rail Freight Group (RFG) and Rail Freight Operators Association, and continue to show strong prospects for rail freight growth. Produced by MDS Transmodal, the forecasts show that volumes are...

Freightliner PL has been given the prestigious Rynek Kolejowy (Railway Market) Loco of the Year Award. Mr Rafał Milczarski, Managing Director of Freightliner PL, accepted the honour at a ceremony on October 13 during the TRAKO Rail Fair in Gdańsk. The...

CN has announced the purchase of 200 more efficient EcoTherm containers to 'increase customer efficiency and help reduce energy consumption in its fast-growing temperature-sensitive intermodal markets'. Products such as food, beverages, paints and pharmaceuticals require protection against low temperatures. With this...

Trading links between Poland and the UK are to be strengthened during November with the introduction of regular European sized rail freight services by DB Schenker Rail. One train per week will operate between Wroclaw, in Poland, and Barking, London,...

Direct Rail Services (DRS), the UK’s leading rail freight operator has collaborated with Stobart Rail to run a Special rail service from the Port of Felixstowe to the new Stobart Rail facility at Daventry International Rail Freight Terminal (DIRFT...

Direct Rail Services (DRS) has launched a revolutionary new service from PD Ports’ Teesport container terminal utilising a unique wagon that can transport high-cube boxes to areas of the UK previously inaccessible by rail. The five-days-a-week service was launched on...

The volume of international traffic between Russia and the Baltic countries for the first 9 months of 2011 increased by 5.5% to 49.3 million tonnes. Of these, 42.6 million tonnes were exported (+2.2%), 2.7 million tonnes were imported (+78.9%), and...