The story
2005–2011: Beginnings as B-Cargo
During 2005, the European Union introduced the Second Railway Package, liberalising the rail market in Europe. Following this the National Railway Company of Belgium (NMBS/SNCB) was restructured into Infrabel, responsible for infrastructure, and NMBS/SNCB, responsible for operations. Rail freight was were operated by the SNCB Logistics division of NBMS/SNCB.
In 2011, SNCB Logistics was established as an independent entity, though it remained entirely owned by the SNCB/NMBS Group.
2015–2019: Privatisation and rebranding
In 2025 SNCB Logistics was partly privatised. The private equity firm Argos Wityu, in collaboration with the company’s management, acquired a 69% stake, while SNCB/NMBS retained 31% ownership. This marked the beginning of a major transformation. Prior to privatisation, the company was not profitable; however, profitability soon increased.
In early 2017, B Logistics changed its name to Lineas. 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.
In 2019 Argos Wityu acquired an additional 21% of Lineas from SNCB/NMBS.
2020: Recognition and resilience amid challenges
In February 2020, CEO Geert Pauwels received the European Railway Award. 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.
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. At the same time, the locomotive wanted to highlight problems in the railway sector caused by the COVID-19 pandemic.
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.
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2021: Strategic expansion
In 2021, the Belgian Federal Holding and Investment Company (SFPI/FPIM) acquired SNCB/NMBS’ remaining 10% minority share, marking the end of SNCB/NMBS’ involvement. Lineas also expanded its presence in the Dutch market through the acquisition of Independent Rail Partner (IRP).
2022: Transformation and change in leadership
On 1 April 2022, Lineas became the first rail company to apply a dynamic energy surcharge to all of its services; a spokesperson stated that this change was made to compensate for soaring energy prices.
From Wikipedia’s article on Lineas, shared under CC BY-SA 4.0.5
