Railway operator DB Cargo: the operating loss is over 286 million euro……

DB Cargo, freight company of German railway operator Deutsche Bahn, using financial data from the first half of 2020 (the operating loss — €286 million) foresees comparable losses for the second half of 2020.

Ukrzaliznytsia announced tender for the repair of tamping units of VPR-1200 track machine

Railway operator
Picture: www.deutschebahn.com

In September 2020, Sigrid Nikutta, the new head of DB Cargo, offered a new strategy of developing the company. The main principles of this strategy are cost cutting and expanding the range of logistics services of DB Cargo. This was reported by «RWS» railway magazine, citing Nieuwsblad Transport

Shunting locomotives of TGM8KM series for Cuba

DB Cargo is a part of German railway operator Deutsche Bahn and is one of the biggest freight companies of Europe.

  • over 4200 branch lines
  • freight services in 17 European countries
  • freight car fleet — over 82000 cars
  • locomotive fleet — over 2700 locomotives
Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.