Expanding on many fronts
The Austrian-based Rail Cargo Group (RCG) posted a profit of EUR 42.3 million in 2017, making it one of a few railfreight operators in Europe with earnings in the eight digit range – and that for the sixth time in succession. Transport volumes also rose, driven by a favourable economic climate.
This year, RCG is planning to operate up to 600 connections on Eurasian routes, to pave its way into China. On top of that, new shuttle services, for example between Linz (Austria) and the Rhine-Ruhr region (Germany) will be implemented, and services to/from ports will be augmented.
The rail service provider said that it is currently procuring Vectron multi-system locomotives and equipping its freight wagons with GPS. (ben)