Latest news with #SigridNikutta
Yahoo
06-04-2025
- Business
- Yahoo
German rail warns individual freight wagon service unprofitable
Single wagonload freight is loss-making for DB Cargo, the German rail company's freight operation, and could be shut down, company executive Sigrid Nikutta has told dpa. "Either we in Germany manage to structure single wagonload transport in a financially sustainable way, or we cannot operate it in this form any longer," Nikutta said. The state-run rail operator's individual service – in which trucks are collected directly from companies, combined into trains on shunting yards and then delivered in reverse order – is important for the steel, chemicals, construction and other sectors. The loss-making sector receives support from the German government, but Nikutta emphasized that directions from the European Union, the German government and supervisory boards now demanded profitability. DB Cargo faces restructuring, with 5,000 jobs set to go by 2029. The European Commission has ruled that the company must go into the black by 2026, after a loss of €350 million ($380 million) last year and a loss of under €100 pencilled in for this year. EU rules say DB can no longer balance losses with profits in its subsidiaries. Sign in to access your portfolio
Yahoo
31-03-2025
- Automotive
- Yahoo
DB Cargo developing automated heavy shunter
DB Cargo has partnered with subsidiaries of the technology and engineering firm Bosch, and the German federal government, to develop an automated heavy shunter locomotive. The fully-automated hump shunter prototype has already been tested at the Munich North marshalling yard. Bosch Engineering and ITK Engineering are the Bosch companies working with Germany's main rail freight provider to develop the new machine. Bosch Engineering is working on an automation unit, with sensors and algorithms built in for environment perception, that will allow shunting operations to be completely autonomous. ITK is developing the operator workstation for line-side use, which will handle the input and management of required movements and transmit the information to the hump locomotive. The partnership is set to continue until October 2027, when it is expected the shunter will be granted approvals by the German Federal Railway Authority. The firms are planning to roll the new shunter out across German freight yards in 2028. 'Intelligent software is one element at the core of this progression in automation. We are looking forward to contributing our expertise in software and system development for rail vehicles," explained Frank Schmidt, CEO of ITK Engineering. Sigrid Nikutta, CEO of DB Cargo and board member for freight at Deutsche Bahn said: "With the development of the fully automated hump locomotive, we are embarking upon a new chapter in the digitalisation and automation of rail freight transport. This will create more profitability for DB Cargo and higher quality in operations, thus contributing fittingly to the DB Group's S3 turnaround programme. 'Our customers will benefit from faster and more flexible handling of their consignments," they added. The German Federal Ministry for Digital and Transport is funding the automated locomotive project. "DB Cargo developing automated heavy shunter" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
