Rail freight group DB Cargo to shed 900 UK jobs

Rail freight group DB Cargo to shed 900 UK jobs

Planned cuts, blamed on a dramatic decline in markets such as coal and steel, represent more than a quarter of its workforce

Britain’s largest rail freight operator, DB Cargo UK, is to shed almost 900 jobs, more than a quarter of its workforce.

The German-owned firm blamed “rapid and unprecedented changes in the markets it serves” for the decision, with the dwindling of coal and steel transportation a major factor.

Related: Rail freight in Britain: shaped by Beeching, despite his reputation

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Source: Guardian Transport

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