GERMAN logistics company Rhenus Group has concluded an agreement to acquire a 50.1% stake in Swiss open-access railfreight operator Crossrail for an undisclosed sum.
RAILROAD Development Corporation (RDC) announced on January 12 that it has acquired a 25% stake in Belgium-based railfreight operator and logistics company Eurorail.
POLAND's largest railfreight operator PKP Cargo has issued an international invitation to tender for a contract to supply and maintain 15 multi-system electric locomotives, with an option for five additional units, to support the expansion of its international operations.
SWISS intermodal operator Ralpin recorded a 1.1% increase in the number of lorries carried on its Transalpine rolling road services last year, according to figures released on January 8.
BLS, Switzerland, announced on January 6 that it has reached an agreement with German Rail (DB) subsidiary DB Schweiz Holding, part of DB Schenker Rail, to buy back its 45% stake in BLS Cargo for an undisclosed sum.
POLAND's PKP Cargo signed an agreement on December 30 to acquire an 80% stake in AWT, the Czech Republic's second-largest railfreight operator, from Czech businessman Mr Zdenek Bakala and the Bakala Trust.
TESTING commenced on Georgia's Akhalkalaki - Kartsakhi standard-gauge section of the Baku - Tblisi - Kars (BTK) railway on December 30, a key milestone in the much-delayed project which is described by Georgian officials as the "new silk road."
TOLL Group, Australia, announced on December 22 that it has divested its 55% share in the Toll Royal Railway concession to its joint venture partner, Royal Group, Cambodia.
FOLLOWING a successful return test journey from Hungary to Turkey, the Bombardier Traxx F140 ac Last Mile locomotive 187 009 passed climatic tests at Rail Tec Arsenal's wind tunnel in Vienna which were conducted over the last four weeks.
GENERAL sluggishness in the global economy and softening thermal coal prices continue to create uncertainty for proponents of major coal mines and associated rail infrastructure in the Galilee Basin region in the north of the Australian state of Queensland.
