Wabtec Corporation is undertaking the largest and most strategically significant acquisition in Wabtec company’s history. Nearly a year of extensive analysis, preparation and negotiations has culminated in Wabtec plans to acquire Faiveley Transport.
The strategic combination of Wabtec and... 2015-08-03
Transport for London (TfL) will be hoping its third time lucky after finally awarding Thales the troubled Sub-Surface Railway resignalling contract, reports GlobalRailNews.
TfL confirmed today (August 2) that it has agreed a £760 million deal with Thales – more than double the value of... 2015-08-03
Ireland’s largest trade union, SIPTU, has voiced its concern over proposals to increase competition on the Irish rail network, reports GlobalRailNews.
The European Commission’s Fourth Railway Package pushes for greater market liberalisation and competition in the rail sector,... 2015-08-03
Operator First Great Western and leasing company Eversholt Rail formally signed a £361m contract to procure and finance 22 five-car and seven nine-car Hitachi AT300 inter-city trainsets on July 30, reports Railway Gazette.
The signing follows government approval for the order, which was... 2015-07-31
Canadian Prime Minister Stephen Harper said Obama’s administration is very likely to reject the Keystone XL pipeline in interview to Bloomberg, reports TASS.
U.S. delays in approving the Keystone XL pipeline are "not a hopeful sign" and reflect the "peculiar politics" of the Obama... 2015-07-30
A new structure for Taiwan High-Speed Rail Corporation (THSRC) came into effect on July 27, when the Ministry of Transport and Communications signed two agreements with the company to terminate the original build-operate-transfer concession for the Taipei - Kaohsiung high-speed line, reports... 2015-07-28
The very first train journey made in Queensland has been recreated to mark the railway’s 150th year in the state, reports GLobalRailNews.
A restored A10 steam locomotive re-enacted the first ever journey from Ipswich to Bigges Camp – now Grandchester – on July 26.
Special guests... 2015-07-27
Impact of abolition of Russia’s Federal tariff service on rail deliveries of cargoes will be considered at the 6th international conference “Rail deliveries of mining and smelting cargoes in Russia” on 29-30 September in Moscow.
The President of Russia Vladimir Putin signed a... 2015-07-24
MANLY Mayor Jean Hay has hit out at suggestions a train line may be built on the northern beaches.
“It will be over my dead body,” Cr Hay said. “Even if I have to tie myself to the railway tracks.”
“I’m surprised the NRMA have come out with it,” Cr... 2015-07-24
Transaero conducted special evaluation of labour conditions of flight attendants with violations, according to RF Ministry of Labour experts’ report, TASS reports.
As stated in the report, Transaero did not properly evaluate health endangering factors such as the "photic environment",... 2015-07-23
An Airbus plant in northern Tianjin, is expected to deliver its first A330 plane in 2018, TASS reports.
Airbus, Tianjin Free Trade Zone Investment Company and the Aviation Industry Corp of China inked an agreement earlier this month confirming that a completion and delivery center will be... 2015-07-23
Australia’s rail industry has launched a joint research programme with several leading universities and research organisation CSIRO, reports GlobalRailNews.
The Rail Manufacturing Cooperative Research Centre (RMCRC) has been set up with funding from the Federal Government which has been... 2015-07-23
The German government is impeding effective competition on the railways to the benefit of state-owned rail operator Deutsche Bahn, according to a report by the Monopolies Commission published on Wednesday, reports Reuters.
The independent commission, which advises the government... 2015-07-23
The Office of Rail and Road's (ORR) annual safety report published today, welcomes the rail industry's strong track record on improving safety and highlights the need for it to meet the challenges of growth and change. The report highlights that the trend in harm to passengers is down by a... 2015-07-22
Russian Post handled 49 million of international parcels and small packets in H1-2015 - up 1.5 times YoY, according to the company’s report.
May volumes hit the maximum numbers: Russian Post handled over 12 million items, which is 2.3 times on top of May 2014.
According to the company, 80... 2015-07-22
Russian Sakhalin-2 is admitted to be the most efficient LNG project in 2014, Izvestiya newspaper reports with reference to International Gas Union’s /IGU/ World LNG Report -2015.
According to the report, the facility utilization was at 111 per cent, i.e. above planned.
The report notes, the... 2015-07-21
Innovations in rail transportation of coal designed to increase the speed of delivery and improve service quality and delivery performance will be discussed at the session dedicated to coal transportation. The session will be held in the frame of the 6th international conference “Rail... 2015-07-20
Britain’s Competition and Markets Authority (CMA) has presented a number of possible future reforms that it believes would improve the level of competition within the UK’s rail franchising model, reports GlobalRailNews.
Publishing its suggestions, the CMA also announced that it would... 2015-07-20
Aeroflot Group slot in at number 18 in the rating of the world's TOP airlines in terms of passenger turnover in H1 2015, compiled by Air Transport World magazine.
Russia’s flag carrier has significantly strengthened its international position year-on-year, climbing five places and ranking... 2015-07-15
Russian and China plan to define a strategy on joint development of a wide-body plane in September 2015, RF Minister of Trade and Industry Denis Manturov told journalists during his visit to Ulyanovsk.
According to the official, in September both parties are going to define further strategy and... 2015-07-15