Joint company ist to speed up cross-border services

Berlin, Germany – Railion and the Swedish rail freight company Green Cargo will set up a joint company. The intention is that Green Cargo acquires a significant shareholding in Railion Danmark for this purpose. The new joint company is to reduce the number of interfaces on cross-border rail freight services. This has been laid down in a joint Letter of Intent.

The quality of the services provided on the Swedish-German corridor is to be improved when the whole operation is managed by one company. The joint company is to deploy more multi-system locomotives in the mid-term, in addition to the multi-system locomotives currently in service. Therefore Railion is now in the process of equiping up to 23 multi-frequency locomotives with the appropriate automated train security systems for . This will ensure that trains can travel through , and without having to change locomotives at the borders. "With these locomotives, we will be in a position to simplify the processes involved and increase the quality of the transport service we provide,“ said Jan Sundling, CEO of Green Cargo.

Klaus Kremper, CEO of the Railion Group: "We are sending a clear signal to the market. The entire Scandinavian corridor can now be served by a single company. And to this end, the partners of the three countries will be making substantial investments.“

Green Cargo and DB Logistics had already signed an extensive cooperation agreement in October 2005. The goal is to meet the needs of the market and to generate new rail transport business by closer cooperation in the operation of rail freight products and a more effective use of resources on cross-border rail freight services.