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Article: Railion--A New Force In European Freight.
- Article from:
- International Railway Journal
- Article date:
- February 1, 2000
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Copyright informationCOPYRIGHT 2000 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The freight subsidiaries of German Rail and Netherlands Railways merged on January 1 to form a new international freight operating company, Railion.
RAILION is owned mainly by German Rail (DB), which has 94% of the shares in the new company. Netherlands Railways (NS) has acquired the remaining shares, and it would appear from this deal that NS will have only a minor part to play in expanding the business and enjoying any financial benefits in the future.
However, such a suggestion is refuted by Mr Zeger van Asch van Wijck, the chief executive officer of Railion Benelux, the subsidiary of Railion which was created from the former NS Cargo. He told IRJ: ...
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Article: French And Germans To Improve Freight Links. (World Report).
International Railway Journal;
October 1, 2001 ;
208 words
......customers, Gallois said. Mehdorn favoured a full merger between DB Cargo and SNCF Fret. However, the French rejected this as SNCF Fret is only a division of SNCF unlike DB Cargo which is a subsidiary company. The total volume of freight crossing...
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