TraXion

TraXion A/S (abbreviated TRX[1]) was a Danish railway operating company that existed between 2001 and 2002. As an attempt to continue the activities of the bankrupt Privatbanen Sønderjylland (PBS/EuroRail), the company specialised in freight transport and operated on an independent commercial basis, as opposed to the approach of ownership of railway companies by the state or local authorities which is more prevalent in Denmark.

This article is about the Danish railway company. For the video game by LucasArts, see Traxion (game).
TraXion A/S
TypeAktieselskab
IndustryRail transport
FateBankruptcy
Founded2001 (2001)
DefunctNovember 1, 2002 (2002-11-01)
Headquarters
Padborg
,
Denmark
Websitewww.traxion.dk (Wayback Machine archive)
A TraXion container train near Vejle, 2001.

Based in Padborg, Southern Jutland, TraXion was formed in late March 2001 by former PBS manager Erik Panduro. Initially leasing motive power from the remains of PBS, the company later bought locomotives from DSB, the Danish national railway company. Their most prominent task was the transport of containers between Tinglev and Aarhus; other activities included hauling trains for track construction work.

As a result of the loss of the container transport task in 2002 and a sudden increase of insurance premiums, the company was declared bankrupt on November 1, 2002.[2]

References
  1. "Nyheder fra danske og europæiske jernbaner I. kvartal 2003". Railorama.dk. 28 April 2003.
  2. Allan Støvring-Nielsen (December 2002). "TraXion konkurs". Jernbanen (in Danish). Dansk Jernbane-Klub: 12. ISSN 0107-3702.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.