The Iraqi government has approved the project of the country’s first electrified railway with a length of 1,200 kilometers, which will link the railways of Turkey and European countries to the deep-water port of Southern Faw (under construction since 2020 at the mouth of the Shatt El-Arab River, which flows into the Persian Gulf).
The Kouvola RRT intermodal terminal (in the city of Kouvola) has been put into operation in Finland; this is the country’s only rail and road terminal.
The Polish Office of Competition and Consumer Protection has approved the acquisition of Cargotor by PKP PLK (Polish railroad infrastructure operator) from PKP Cargo, a cargo transportation operator. All companies are part of the PKP Group.
The Norwegian ColliCare logistics company has launched a new rail service for cargo transportation between Italy and Sweden. The first train will depart from Italy on Saturday, February 4.
Ukrzaliznytsia has received the almost £10 million worth of equipment for the rapid restoration of bridges and railway infrastructure from the British railway company Network Rail Infrastructure Limited with the assistance of the UK Department for Transport.
Gondola car cost index, €/unit*
According to the results of 2022, the Riga Freeport achieved a 20.6% hike in bulk cargo handling volume compared with the year of 2021.
The analyses of the situation as of January 17 shows that MMV accepts 42 wagons per day (down 14.2 units per day compared to December), RCH serves 160 wagons (down 3.4 units), while MVA accepts 11 wagons (down 3.9 units per day compared to December).
With two trains on 1520 mm track gauge and 1435 mm track gauge, the average daily handling rate amounted to 124 wagons at the Vadul-Siret – Dornesti crossing (Romania) last week. There were 407 wagons waiting for handling at that station on January 17.
Although most players returned from holidays and the full-fledged work resumed, the downward trend persists in the small-tonnage market, especially in the Black Sea region, where even the most popular cargo traffic – grain from the Danube ports – remains dull.