As part of its transition from being a German rail freight operator to a ‘truly European’ business, DB Schenker Rail inaugurated a new European Operations Centre in Frankfurt on June 2. At present, the company operates through 15 national companies, but its CEO Alexander Hedderich said the intention is to move ‘from patchwork to network’ by 2020. ‘Last year, DB Schenker Rail handled a traffic volume of around 104 billion tonne-km, …
Worldwide, major cities stand to gain around $800 billion per year of economic opportunity from 2030 by upgrading their public transportation networks. This is according to a study “The Mobility Opportunity†conducted by London-based consulting firm, Credo, and presented today in Singapore. Commissioned by Siemens, the study looks at transportation networks in 35 major cities around the globe and assesses how prepared cities are to meet future challenges, including population …
Serbian Railways got the approval to use EUR 26m worth loan from Kuwait for construction works at Prokop railway station in Belgrade, the company’s CEO Dragoljub Simonovic stated.
Bulgarian State Railways is holding talks with the Romanian and the Hungarian railways to launch a direct train from Sofia to Budapest over Danube Bridge 2.
