Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
International Union of Railways (UIC) members recently approved a plan to begin enforcing a standard rail-car use contract in Europe on Jan. 1, 2006.
Applying to all car types, the contract will replace current provisions that govern exchanges of 400,000 railroad-owned and 200,000 privately owned cars between railroads.
“The aim was two-fold: to make the cross-border operation of freight trains more efficient and to avoid the need to conclude separate contracts for each wagon movement in international traffic,” UIC officials said in a prepared statement.
The UIC, European Railway Freight Association and International Union of Private Wagon Owners worked jointly to develop the contract’s language. Union officials expect to release a contract users’ guide by year’s end.
7/7/2005
Rail News: Rail Industry Trends
UIC to begin enforcing standard rail-car use contract next year
advertisement
International Union of Railways (UIC) members recently approved a plan to begin enforcing a standard rail-car use contract in Europe on Jan. 1, 2006.
Applying to all car types, the contract will replace current provisions that govern exchanges of 400,000 railroad-owned and 200,000 privately owned cars between railroads.
“The aim was two-fold: to make the cross-border operation of freight trains more efficient and to avoid the need to conclude separate contracts for each wagon movement in international traffic,” UIC officials said in a prepared statement.
The UIC, European Railway Freight Association and International Union of Private Wagon Owners worked jointly to develop the contract’s language. Union officials expect to release a contract users’ guide by year’s end.