Shareholders are the Federal Holding and Investment Company (Federale Participatie- en Investeringsmaatschappij) and private equity group Argos Wityu.
As a cross-border rail transport operator, Lineas provides its own traction in Belgium, Luxembourg, the Netherlands, France and Germany.
The Executive Leadership Team is composed of: Country managers: Lineas follows strict standards in corporate governance, ensuring transparency, accountability, and ethical business practices.
By enabling the modal shift from road to rail, Lineas aims to make a positive impact on society and address issues in multiple areas, such as climate change, congestion, air quality, and health and safety.
The plan included restructuring loss-making products, a redesign of the offering focusing on corridors and an important reduction in overhead costs.
In 2011, the freight division was restructured and established as an independent entity named SNCB Logistics, though it remained entirely owned by the SNCB/NMBS Group.
This period also saw a steady reduction in its dependency on SNCB/NMBS and Infrabel, leaving only a few essential links to serve Lineas’ operational interests.
This recognition celebrated his leadership the transformation of a loss-making division of the Belgian railways into a profitable and innovative private rail freight operator.
[7] On 9 April 2020, as the COVID-19 pandemic was disrupting industries worldwide, Lineas unveiled a white locomotive, the 'Heroes Loc', in the Port of Antwerp as a tribute to frontline workers in the fight against the coronavirus.
[8] Shortly thereafter, in response to the low water levels on the Rhine river, the company put on additional trains to ensure critical goods could be transported by rail instead of by barge.
[11] In 2020, a partnership between Lineas, the Dutch rail infrastructure owner ProRail, and the French rolling stock manufacturer Alstom demonstrated a highly autonomous shunting locomotive.
[14][15] Lineas also expanded its presence in the Dutch market through the acquisition of Independent Rail Partner (IRP), strengthening its capabilities with additional locomotives and expertise.
[18] Lineas initiated a capital increase project, with the first €20 million raised by existing shareholders to support its growth and restructuring plans.
The company has proclaimed its ambition to realise a ‘modal shift’ in Europe, moving freight off the road and onto rail, to improve the supply chain of companies and address societal issues caused by traditional trucking such as mobility issues, climate impact due to high carbon emissions, health hazards due to air pollution, and unnecessary road casualties.
The coalition aims to play a role in creating a common, fully liberalised and competitive European rail freight market.
[31][32] Around the same time, the company’s two shareholders, the French investment fund Argos Wityu (90%) and the Belgian federal government (10%), are working on a first tranche of capital injection with the reported target of 20 million euros.