Locomore - Articles and news items
Locomore, the start-up pursuing the novel route of crowd-funding for a new Berlin-Stuttgart train service, is targeting 14 December as its revised launch date…
Issue 2 2016 / 23 March 2016 /
The countdown is under way to 20-23 September 2016 when the global rail industry flocks to Berlin Exhibition Grounds for mega trade-fair InnoTrans. Also in the German capital, a clock is ticking on a very similar timescale: and the man hoping for an on-time arrival is Derek Ladewig, founder of Locomore, an eye-catching enterprise using crowd-funding to launch a Berlin–Stuttgart train service the same month. The venture has been described as the ‘world’s first crowdfunded train’ – European Railway Review’s Ian Hall was keen to find out more, and what Deutsche Bahn thinks about market competition…
Issue 2 2012 / 11 April 2012 /
In 2012, the Hamburg-Köln-Express (HKX) will start operations, thus breaking new ground for open-access operators in Germany. With three six-wagon trainsets, HKX will provide space and comfort combined with modern services on the long-distance route between Hamburg and Cologne. Although the railway sector deregulation in Germany started as early as 1996, very few attempts to break the dominance of Deutsche Bahn in long-distance travel have been made. Apart from the InterConnex of VeoliaTransdev running between Rostock, Berlin and Leipzig, so far no open-access operators have success – fully joined the Intercity-market in Germany. In October 2009, HKX took up the challenge when it was founded as a joint venture by majorityshareholder Railroad Development Corporation, based in Pittsburgh, USA; Locomore Rail in Germany; and the British-Canadian investor and advisor Michael Schabas, who share the strong feeling that railway travel in Europe should be more competitive. Looking at Great Britain as a compelling example of how an increase in open-access operators can raise the overall service quality in terms of number of connections, attractive pricing and on-board service, HKX is now setting up operations, which will start between Hamburg and Cologne in late-2012…
Issue 2 2010 / 5 April 2010 /
The economic recession has had a big impact on Germany’s railways – but restructuring of the industry is continuing, albeit at a slower pace. The 2008 credit crunch had a severe effect on manufacturing across Europe, with automobile assembly and construction hard hit. This had knock-on effects on the railways: steel and coal traffic in particular were down, taking rail freight carryings in Germany down by well over 10% last year.