Railway Gazette: VTG launches Retrack freight subsidiary

From Railway Gazette 2 November 2017:

GERMANY: Hamburg-based leasing and logistics company VTG has created Retrack GmbH & Co KG as a wholly-owned freight operating subsidiary of its VTG Rail Logistics division, by renaming its former Bräunert Verwaltung and Bräunert Eisenbahnverkehr businesses.

Retrack emerged from the EU-backed four-year Reorganisation of Transport Networks By Advanced Rail Concepts project launched in May 2007 which saw operators, shippers and research bodies co-operate in an effort to simplify and improve the reliability of cross-border wagonload freight offerings.

VTG decided to take control of the project in 2014, after several partners withdrew. ‘With our Bräunert railway undertaking, which is approved through a railway operations management licence, we, and the partners that remained, organised the trains and assumed all the entrepreneurial risks associated with the business’, VTG Rail Logistics Managing Director Günther J Ferk explained when the rebranding was announced on November 2.

Retrack has applied for SiBe Part A national safety certification in Germany, which would enable it to apply for Part B international certification. Following an audit by TÜV Rheinland, VTG Rail Logistics is also certified to transport hazardous waste within Germany.
The Retrack project was described in the September 2010 issue of Railway Gazette International magazine, which subscribers can access in the digital archive.

Visit Railway Gazette online for more related news items.

 

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInEmail this to someonePrint this page