Russian forwarder continues to invest heavily in fleet
The Russian company Globaltruck acquired 501 euro 5 Volvo trucks and increased its average fleet size by 14.7% to 1,245 vehicles in 2018. The new units, together with an average freight rate increase of 5.6%, enabled the firm to boost its revenue by 23.5% and net profit by... plus
Super lorry saves up to 40% of CO2
GLS is now deploying a so-called “gigalliner” between its German depots in Grossbeeren (Berlin) and Hermsdorf. This eliminates the need for a conventional truck with trailer and reduces CO2 emissions. Emissions on the 250 km route will drop by about 40%, which corresponds to 100... plus
Kick-off for new CSX-served intermodal facility
After a groundbreaking ceremony, the construction work for the Carolina Connector (CCX) intermodal transportation facility in Edgecombe County (NC, USA) has started. The site will allow trucks to bring cargo containers to a railyard where they will be transferred to trains... plus
Train to shift up to 70 lorries off the road
GB Railfreight (GBRf) and British Gypsum in the UK have agreed to extend their contract until December 2021. GBRf’s existing service from Southampton to British Gypsum’s plasterboard plant in Robertsbridge will therefore continue, and further terminal services at Robertsbridge... plus
Georgia Central Railway to serve new plastic facility
US shortline railroad Georgia Central Railway, a subsidiary of Genesee & Wyoming (G&W), will serve a major new plastics distribution facility under construction on its line in Pooler (GA). Georgia Central will transport bulk plastic resin to the new Plastic Express... plus
New ownership for two US shortline railroads
Ironhorse has acquired the Sequatchie Valley Railroad and the Walking Horse and Eastern Railroad. The Tennessee (USA)-based railroads will be renamed Sequatchie Valley Switching Company (SQSC) and the Walking Horse Railroad (WHRR). SQSC is an 18.5 km shortline railroad... plus
Eurosib buys 400 new container platforms
The Russia-based private rail operator Eurosib – Transport Systems and the United Wagon Company (UWC) have signed a contract for the production and supply of 400 new generation container platforms. They will be delivered to the railway operator on a monthly basis between June... plus
Rail service between St Petersburg and Vladivostok
Fesco Transportation Group and Sea Fishing Port Terminal have agreed to develop a regular rail service to move containers between St Petersburg and Vladivostok (both Russia). The parties signed the relevant agreement of intent at Trans Russia. The companies intend to launch... plus
New direct train service between Germany and Poland
Kombiverkehr recently added an important onward connection to its direct train service between the Duss terminal in Duisburg (Germany) and Swarzedz (Poland). The new intermodal rail offer runs from the Clip terminal, which is about 10 km east of Poznan, to and from Katy... plus
Acquisition enlarges railcar manufacturing footprint
Greenbrier (GBRX) has entered into an agreement to acquire the manufacturing business of American Railcar Industries (ARI) for USD 400 million. The acquisition will diversify GBRX's US manufacturing presence and broaden its product offerings with the addition of complementary... plus