Canadian National takes a slide

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Freightliner, the UK’s biggest container rail haulier and part of Genesee & Wyoming, Inc (G&W), has called on the government to set a target to treble rail freight volumes by 2050, and thus remove over 20M HGV journeys from the motorways each year.

Rail Cargo Group (RCG), which is a subsidiary of Austria-based ÖBB, is to lease 600 container flats cars from Switzerland-based MFD Rail.

Paris-based RIVE Private Investment has secured €300M in bank financing for the acquisition of 55 ‘innovative’ railway locomotives from three different manufacturers.

TX Logistik’s takeover of Exploris Deutschland GmbH makes the Mercitalia Logistics affiliate the second largest rail freight company in Germany. “Our field of operations does not end at national borders, but covers all of Europe,” said Carlo Palasciano, Chief International Officer of Ferrovie dello Stato Italiano Group (FS). TX Logistik is now active in 11 countries.