Rail Freight

A new operating model has been approved for Renfe Freight & Logistics. The decision is in line with the Ministry of Development’s strategic plan to boost rail freight by promoting intermodality and by achieving a more balanced modal split, with...

Shares of JSC Freight One, a subsidiary of Russian Railways, will transpire on 28 October. Bidders will be invited to purchase 64,239,325,613 ordinary shares of JSC Freight One, or 75% minus 2 shares of the company. The form of the offering...

QR National has announced the establishment of a community fund targeted at grassroots community projects in regional and rural Australia. The ongoing program will encourage eligible charitable organisations to seek grant funding up to $20,000 for specific community-based projects. The national...

Trenitalia, the leading rail operator in Italy, and Europorte, a subsidiary within the Eurotunnel Group, have concluded a strategic agreement establishing an international rail freight link between France and Italy. Europorte will load grain from approximately 30 silos in Burgundy,...

Despite the effects on the business of the Christchurch earthquakes, the Pike River disaster and the major slips at Kaikoura and in the Manawatu, KiwiRail still made substantial progress on its road to becoming a self-sustainable business, Chairman John...

KiwiRail's key Auckland rail freight terminal at Southdown has shown a 20% increase in container through-put in the past financial year, demonstrating a welcome endorsement by customers for the strategic direction being taken by the company. During the 12 months...

CSX has announced that a $59 million intermodal freight terminal expansion is underway in Columbus, Ohio. This terminal expansion is part of the National Gateway initiative, linking deep water east coast ports with Midwestern markets. The overall project covers six states...

QR National has announced a 17% improvement in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to $813 million and a 35% increase in underlying earnings before interest and tax (EBIT) to $367 million for the year ended...

The Steel Authority of India Limited's (SAIL) Bhilai Steel Plant is developing special grades of steel plates used in the manufacture of railway wagons. The new steel plates are customised for Titagarh Wagons, a government owned company, to manufacture high...

QR National is on track to complete a major $195 million capital project six months ahead of schedule after achieving an important project milestone. The Blackwater Power Project, which will nearly double the electrical capacity on the Blackwater rail system...