GIC now holds majority share of Railpool
GIC has acquired a further 27% stake in the business from co-owner Palladio Partners, a German specialist in global infrastructure investments. GIC is now Railpool’s majority shareholder. The rail vehicle leasing company was founded in 2008, with GIC first investing in 2016.... more
More than 50,000 rail vehicles authorised
Europe’s 4th Railway Package has been a major step forward for creating the Single European Railway Area. With this legislative package, the European Union Agency for Railways (ERA) has received the permit to issue vehicle authorisations in the EU. Between June 2019 and... more
Trade fair more international than ever before
Tomorrow, Tuesday 9 May 2023, Transport Logistic, a four-day international trade fair for logistics, mobility, IT, and supply chain management will open its doors in Munich, Germany. On an area of 127,000 sqm around 2,300 exhibitors from 67 countries will present their... more
Hupac: standing up for combined transport
Swiss combined transport operator Hupac shipped 1,104,000 road consignments in combined road/rail and seaport-hinterland services last year. This is 1.8% less than in 2021. Economic slowdowns, price increases and persistent capacity bottlenecks on the Rhine-Alpine corridor... more
BGL: CO2 toll drives inflation
Germany’s federal government is planning to add an additional CO2 component to HGV tolls as from 1 December 2023, which will roughly double the amount of the toll. The Federal Association of Road Haulage, Logistics and Disposal (BGL) firmly rejects these plans, maintaining... more
Grain shipments to China have quintupled
The Kazakh national subsidiary of RZD Logistics (RZDL) has seen a massive rise in the number of export shipments of agricultural products. In 2022, the provider carried five times more grain and agricultural goods to China than in 2021. Transport volumes of wheat bran... more
Delivering drinks with 520 horse power
Huber Getränkehandlung Wädenswil near Zurich, Switzerland, recently added another Renault truck to its fleet. The beverage dealer, which will celebrate its 75th anniversary next year, supplies the catering industry in and around Zurich, among others. Huber stocks over 5,000... more
Intermodal service from Italy to France
Den Hartogh has commissioned Metrocargo Italia to ship its tank containers between Northern Italy (Mortara, Pavia) and Southern France (Miramas, Marseille) by rail. The service has already started and uses the railway traction provided by the railway company Fuori Muro... more
Large order placed for Class 3 EV trucks
Mullen Automotive, a USA-based emerging electric vehicle (EV) manufacturer, has received an order for 1,000 trucks from vehicle dealer Randy Marion Automotive Group (RMA). The deliveries will commence in August 2023. The purchase order is valued at USD 63 million.... more
Hungary to receive first Effi Shunter
The Chemical giant Borsod Chem is acquiring Hungary’s first Effi Shunter 1000. With the latest order, Czechian manufacturer CZ Loko has now sold more than 50 series-produced units of this four-axle shunting locomotive. Borsod Chem, which operates its own internal rail... more