In line with its recently announced business plan (see WorldCargo News June 2003, p18), Italian rail operator Ferrovie Nord Milano Esercizio (FNME), owned 57 percent by Regione Lombardia (Lombardy regional government), has separated its freight and passenger divisions into distinct companies.
FN Cargo - which in 2001 was the first non-FS company to run a freight train on the “liberalised” Italian rail net-work - is expected to reach a turnover of € 19 mill this year and its business plan is predicated on it achieving annual sales of € 120 mill by 2007. This equates to 200 train departures/week....
Read this item in full
This complete item is approximately 305 words in length, and appeared in the November 2003 issue of WorldCargo News, on page 15.
Full-access subscribers only:Click here to download this issue now in PDF format
Click here to buy this issue, and download it now in PDF format
Click here to subscribe online to WorldCargo News now and get immediate access to this issue
Click here for a sample back-issue of WorldCargo News
Read related items
Click on the links below to read other news and features related to this item.
