European support for Estonian railway upgrade 
The European Investment Bank (EIB) has signed a EUR 95 million, 25-year tenor, loan agreement with the Estonian national railway company Eesti Raudtee to modernise the Estonian network. All interventions are located on the TEN-T, including on the North Sea – Baltic Corridor.... more
Take-overs expand network to 21,000 km
Canadian Pacific (CP) has completed the acquisition of the Central Maine & Quebec Railway US (CMQ US). Together with the earlier take-over of Central Maine & Quebec Railway Canada (CMQ Canada), this completes CP's purchase of the entire CMQ network. CMQ US and CMQ... more
Astre forges ahead on Iberian Peninsula
Astre’s Spanish branch continues broaden its footprint on the Iberian Peninsula: the European network has incorporated the Spanish freight forwarder Transnaba Orihuela from Alicante into the group. Founded in 1960, this family-run company specialises in food, parcel and... more
Transport market for fashion industry bounces back
Light at the end of the tunnel: the transport market for the fashion industry is beginning to recover. "Customers are reporting improvements in all modes of transport, and data from our SCM software OSCA confirms this," said Setlog. The German software company... more
Sale of Sheppard to Bendix concluded
In the USA, ZF Friedrichshafen has concluded the sale of Sheppard to Bendix for the price of USD 149.5 million. Sheppard is a major provider of steering technology for commercial vehicles. Bendix is an indirect subsidiary of Knorr-Bremse, which produces braking systems for rail... more
Increased rail capacity to compensate low water level
As the water levels in the river Rhine are alarmingly low, Belgium rail freight operator Lineas is increasing its offer on key trains along the Rhine. From 15 June throughout the summer, fourteen weekly Xpress services and additional capacity to the Mannheim region in... more
Three new rail connections in one go
The Austrian Rail Cargo Group (RCC) has added yet more links to its intermodal transport network. Last Wednesday (3.6.2020) a new train service was launched linking Linz (Austria), Wels (Austria) and Duisburg (Germany) with three round trips per week. A few days ago, RCG... more
Boosting digitalisation with own IT firm
Russian FTL-trucking company Globaltruck has created an IT company within the group. “Global Truck Information Technology” is designed to enhance the digitalisation of business processes and accelerate the implementation of the group’s plans to develop new services and build... more
E-truck reduces CO2 emissions
Infineon Technologies is taking a further step towards CO2 neutrality by focusing on electric mobility for logistics solutions. Just in time for the international day of the environment (05.06.), an electric truck will enter regular service at the company's branch in Regensburg... more
VTG acquires majority stake in Slovakian carrier
Under an agreement signed in February 2020 and with the approval now received from the relevant antitrust authorities, VTG Rail Logistics has taken over the majority stake of the Slovakian railway company Carbo Rail. With immediate effect, Hamburg (Germany)-based VTG takes... more