Rail First changes ownership
DIF and Amber are jointly acquiring the Australian railfreight leasing company Rail First on a 50-50 basis. The companies have signed a takeover agreement to this effect. The transaction is subject to approval by Australia’s foreign investment review board and is expected to... more
Channel Tunnel: almost one million trucks
Le Shuttle Freight shipped 106,930 trucks in August 2022, an uptick of 1% compared to the 105,704 trucks in August 2021. Almost 1 million trucks have crossed the Channel aboard the shuttles since 1 January 2022. Compared to the same period last year truck volumes increased... more
Honours for US truck drivers
During the National Truck Driver Appreciation Week (11 -17 September 2022) in USA, the multimodal transport company Container Port Group (CPG), along with American Trucking Associations (ATA) and the entire trucking industry, will thank the nearly 1,300 men and women who... more
New life for old batteries
Korean carmaker Kia and Deutsche Bahn (DB) have partnered to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. For example, they can save surplus electricity from photovoltaic systems... more
Increased productivity for FTL carrier
XPO Logistics is investing in Digitisation. A newly implemented technology tool will help full truckload (FTL) carriers to enhance their productivity and utilise their vehicles more efficiently. The new capabilities are part of XPO’s transport technology ecosystem built around... more
First new sawn timber wagon arrives in Finland
Fenniarail is expanding its timber transport business. For UPM-Kymmene, a producer of forest industry products, the Finnish operator recently started raw wood rail transport services using its own locomotives and UPM-managed raw wood wagons. Timber is transported from... more
Hupac to launch transshipment terminal in Poland
The Swiss combined transport operator Hupac now opened the new transhipment terminal in Brwinów Poland, located about 25 km southwest of Warsaw. The facility is intended to support the sustainable exchange of goods in Central and Eastern Europe and boost the expansion of... more
Driver shortage continues to increase
In its latest European report, the International Road Transport Union (IRU) says that commercial driver shortages continue to plague Europe’s mobility. In Europe, up to 425,000 truck driver positions, or 10% of the total, remained unfilled in 2021, forecast to jump to 14% by... more
More agricultural transports to China
The Eurasian Economic Union (EEU) have decided to strengthen their cooperation in the international rail and multimodal transport sector. The member states Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia signed an agreement to this effect at the Eastern Forum in Vladivostok... more
Mining company to test fossil-free ore transport
Mining company Kaunis Iron is investing in green iron ore transports. In partnership with Volvo Trucks, it will test heavy electric trucks of 74 t in a unique project. Kaunis Iron has earmarked SEK 0.5 billion (EUR 46,500) for the acquisition of new electric trucks. Today,... more