EIB to lend Czechia half a billion euros for rail modernisation
The European Investment Bank (EIB) will lend Czechia 13 billion crowns (526 million euros) for the modernisation of the country’s rail infrastructure. The money will…
ČD Cargo director: “A reverse modal shift would be imminent” with ETS-2
The EU’s Emissions Trading System 2 (ETS-2) could be a serious obstacle for the rail freight industry. It would be an additional financial burden but…
Ukrainian Railways receives half a billion euros in international support
Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD)…
Will Switzerland fund the upgrade of the railway on the Rhine’s left bank?
The Swiss Federal Council proposed three measures to boost the modal shift from road to rail across the Alps. The main measure is the financing…
PKP Cargo concedes to unions as it looks to “Make Cargo Great Again”
PKP Cargo is amending the rules of the emergency ‘failure to perform work’ measure. Trade unions managed to secure a number of concessions from the…
Rail freight misses out on German rail expansion act funding
Rail freight will not be included in the German Federal Railway Infrastructure Expansion Act (BSWAG). As a result, German rail freight will miss out on…
Aggregate terminal to revive Scots line?
The Kincardine Railway has been dormant for more than five years. However, a proposed aggregates terminal would bring regular rail freight traffic back to this…
China, Uzbekistan and Kyrgyzstan come to CKU line agreement
China, Uzbekistan and Kyrgyzstan have signed an agreement on the construction of the railway between the three countries. The document specifies financing, the route to…
Freight to contribute little to billions of Rail Baltica-induced growth
Rail Baltica is an economically viable undertaking. While its projected cost has grown immensely in recent years, the high-speed rail line is expected to contribute…