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Slovakia's ZSSK Cargo sells wagon fleet to Cargo Wagon

Transportation / Railway & Trains : Railway Technology

ZSSK Cargo has sold its fleet of 12,450 standard freight wagons to Cargo Wagon, a new joint venture company founded to acquire the Slovakian state rail freight operator's fleet.

Deutsche Bahn plans thousands of job cuts in overhaul: sources

Business & Finance : Business Insider: Money Game

BERLIN (Reuters) - German rail operator Deutsche Bahn has plans to introduce radical savings measures, including cutting thousands of jobs, especially in its freight business, sources familiar with the plans told Reuters on Thursday...

Haunting Pictures Of A Transportation Recession As Freight Rail Traffic Plunges

Business & Finance : Zero Hedge

Submitted by Wolf Richter of Wolf Street Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession 292 Union Pacific engines idled in Arizona Desert Total US rail traffic in April plunged 11.8% from a year ago, the...

Air cargo firms feel the pressure from plunge in freight prices

Business & Finance : Business Insider: Clusterstock

By Victoria Bryan BERLIN (Reuters) - Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industr...

Deutsche Bahn's rail freight business renamed DB Cargo

Transportation / Railway & Trains : Railway Technology

Deutsche Bahn's rail freight business DB Schenker Rail has been renamed DB Cargo, which includes a change in the corresponding legal entity.

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