International Railway Journal - May 2008 - (Page 27)

Italy want to reduce the number further to between 150 and 100.” Train type Number Cost Delivery Urban and regional passenger The development of Purchase terminals at ports are also Class E464 locomotives 388 €601m 2008 an important part of Class E464 locomotives 150 €389m 2010 Soprano’s strategy. Commuter trains 110 €1196m 2011 “The new freight Minuetto dmu trains 40 €155m 2012 operators have a 30% Low-floor coaches 900 €835m 2013 Double-deck coaches 300 €340m 2013 market share of crossClass E464 locomotives 294 €848m 2014 border traffic, so we must Refurbishment concentrate our resources Low-floor coaches 245 €105m 2011 in the north. We are very Medium-distance coaches 2340 €542m 2013 unhappy monopolists in Long-distance passenger southern Italy. We lose a Purchase Tilting trains 12 €251m 2008 lot of money in Sardinia InterCity coaches 400 €183m 2008 and Sicily, but at least the InterCity driving trailers 20 €26m 2009 government subsidises us Couchette cars (T6) 86 €14m 2009 here at the moment.” Sleeping cars (WLMU) 136 €28m 2009 The measures taken so High-speed trains 50 €1135m 2011 far have already started Conversion to multi-system ETR 480 to 485 trains 15 €78m 2008 to bear fruit. As Moretti Rebranding as AV (high-speed) points out, railfreight ETR 480/500 74 €142m 2008 increased by 4% last year Modification/Retrofit to 24.5 billion tonne-km, Class E404 power cars 59 €55m 2008 of which 7.5% was Class E414 power cars 20 €6m 2009 international traffic. Freight Purchase FS agreed a joint Intermodal wagons 300 €16m 2009 venture with the Italian Conventional wagons 400 €53m 2010 Post Office in February to Refurbishment form Italy Logistics, Intermodal wagons 430 €2m 2009 whereby FS will perform Class D343 diesel locos 40 €40m 2009 the trunk haul by rail, Conventional wagons 3000 €17m 2010 Interoperable locos 50 €250m 2011 and the Post Office will be responsible for plan announced by the government. If collection and delivery by road. FS and the government wants to improve the Post Office want Italy Logistics to be quality, then it will need to invest one of the major logistics players by another ƒ1.5 billion, but there will be a 2010. benefit of ƒ650 million for the Around ƒ200 million will be invested government in terms of lower pollution to build about 2.5 million m2 of new and less congestion in the cities.” terminals in Italy. “We have started to Action has been taken on several build the first one in Brescia,” says fronts to improve the performance of Soprano. “Our goal is to build 10 to 12 Trenitalia’s freight division. While terminals in the next two to three years, Trenitalia is free to set freight rates, the with each one averaging 250,000m2.” previous management failed to increase Looking to the future, Moretti has them. “The good news is that when we made no secret of the fact that he would increased tariffs - by 12% for intermodal like to see some stock market flotation freight for example - it had no effect on for profitable activities such as hightraffic, whereas we expected a small speed services. “The flotation, along drop,” says Soprano, proving that tariffs with the option to open our capital to had been allowed to stay too low for other players, is part of the logic of too long. market liberalisation, which has seen Freight train productivity is being the entry of new operators who have improved, as Soprano reveals: “We will requested and obtained licences, and break the barrier of carrying an average the logic of enhancing our corporate of 400 tonnes per train this year, which form of a limited company,” says means longer and more profitable Moretti. trains.” If this does happen, and a lot Soprano is also trying to reform the depends on the attitude of the new whole structure of the freight business. government and FS continuing to “We want to concentrate traffic on the improve its financial performance, then major terminals,” he says. “We had FS will have come a long way from the about 800 freight terminals in Italy, but huge losses it sustained just two years we have cut this back to 200 and we ago. IRJ FS rolling stock investment plan IRJ May 2008 27

Table of Contents Feed for the Digital Edition of International Railway Journal - May 2008

International Railway Journal - May 2008 Contents This Month News Transit News Market News Technology News News Analysis Italian Railways on the Road to Recovery High-Speed: On the Home Straight Korea Develops High-Speed Ambitions Setting New Standards for New Rolling Stock India Solves Traction Motor Conundrum Weathering the Storm with Climatic Testing Technology Drives US Train Inspections Rendezvous Full Contact List Advertisers Index The Last Word

International Railway Journal - May 2008

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