Road to rail shift gains traction and funding in EU and US
The European Commission (EC) has approved a €1.7bn German state aid scheme to support rail ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
That’s no small change – after reportedly scooping up half of the growth in intermodal volumes in the US last year, the box rail company now owned by legendary investor Warren Buffett has outlined a $5bn expenditure plan for this year, up 20% on last year’s investment. The lion’s share will go to track and terminal upgrades, with its loco and rolling stock fleets also set to be expanded as it expects further volume growth this year.
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