Freight Archives - Page 182 of 335 - International Railway Journal

Freight

April 23, 2020 | Financial

CP sets first quarter operating ratio and revenue records

CANADIAN Pacific Railway (CP) set records for operating ratio and revenue in the first quarter of 2020, and will continue to invest in anticipation of an economic recovery, rather than increase its shareholder dividend and buy back shares - a strategy at least one Wall Street analyst is calling “noteworthy, prudent and logical.”

April 22, 2020 | Freight

SNCF Network sets up system to keep rail freight flowing

FRENCH infrastructure manager SNCF Network has set up an organisation to maintain rail freight services, in particular the transport of essential goods, despite the coronavirus pandemic.

April 21, 2020 | Financial

Investment fund takes 92.5% stake in Italian freight operator

ITALIAN infrastructure fund manager F2i SGR and the National Association of Insurance Companies (Ania) have announced the acquisition of a majority stake in privately-owned freight rail operator Italian Railway Company (CFI).

April 20, 2020 | Financial

ÖBB achieves higher profit in 2019 but revises 2020 budget

AUSTRIAN Federal Railways (ÖBB) says total revenue rose slightly in 2019 to €6.9bn with pre-tax profit increasing from €168m in 2018 to €169m in 2019.

April 17, 2020 | High-speed

China introduces new high-speed services

CHINA National Railway (CR) has increased the number of trains it operates per day by 2.7% and introduced new high-speed services with the start of its new timetable on April 10.

April 17, 2020 | Freight

Transfesa Logistics launches express Spain - Britain refrigerated freight service

GERMAN Rail (DB) Spanish subsidiary Transfesa Logistics has launched an express 72-hour freight services carrying essentials including hygiene and medical products and food from terminals in Valencia and Murcia, Spain, to London, Britain.

April 17, 2020 | Fleet

Progress Rail to supply freight locomotives to Indonesia

INDONESIAN Railways (PT KAI) has awarded a contract to Progress Rail for 36 EMD GT38AC diesel-electric freight locomotives.

April 16, 2020 | Podcasts

Update on rail labour national bargaining with Frank N. Wilner

Where does national bargaining stand with rail labour and the carriers? What are both sides looking for? Is the COVID-19 pandemic a factor, or is it more the 2020 Presidential election? Editor-in-Chief William C. Vantuono discusses the issues with our resident rail labour expert, Capitol Hill Contributing Editor Frank N. Wilner.

April 14, 2020 | Podcasts

The Coronavirus and the rail industry: Latest updates week ending April 10

Railway Track & Structures Editor-in-Chief Bill Wilson and Railway Age Editor-in-Chief William C. Vantuono talk about the latest developments on COVID-19 and how it is affecting the rail industry.

April 14, 2020 | Freight

PKP Cargo and LG Cargo plan Poland-Lithuania intermodal JV

POLISH rail freight operator PKP Cargo and Lithuanian Railways’ subsidiary LG Cargo have signed a letter of intent to set up a joint venture to develop intermodal rail services between Poland and Lithuania.

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