The announcement that new franchises for rail services across the north will see significant investment resulting in better connections, faster journeys and more room for passengers on peak-time trains has been welcomed by Lancashire county councillors, reports The Guardian.
Latvia, Estonia and Lithuania and the joint-stock company RB Rail have submitted a joint application to the European Commission signed by the transport ministers of all three countries, seeking approximately EUR 620 million funding for the first round of implementation of the Rail Baltica project... 2015-03-02
Russian Railways (RZhD) wants to take an active role in upgrading North Korea’s aging rail network, with a view to eventually creating an active Trans-Korean connection with South Korea, a source at the unitary enterprise stated from Moscow, reports NK News.
RZhD also wants to engage other... 2015-03-02
Train services on the mainline between London and Edinburgh are once again being operated by a private firm after more than five years under state control, reigniting the row over ownership of the railway, reports The Guardian.
East Coast trains have been rebranded as Virgin Trains East Coast.... 2015-03-02
President Cristina Fernández de Kirchner announced that the Executive Power will sponsor a bill to nationalize the country’s railways during her speech at the opening of the 133th congressional period, reports Buenos Aires Herald.
“I would like to tell all lawmakers that I will... 2015-03-02
CAF has reported an increase in its order backlog in 2014 from €4.8 billion to €5.25 billion, reports GlobalRailNews.
The Spanish manufacturer recorded a turnover of €1.45 billion in the year ending December 31, 2014. The company’s pre-tax profit fell slightly from... 2015-03-02
A British consortium has been awarded a contract by the Saudi Railway Company (SAR) to support the operation of the new North South Railway (NSR), reports GlobalRailNews.
The consortium, which comprises Serco, Network Rail Consulting and Freightliner Group, will provide management... 2015-02-27
Thwarted in one attempt to build a gas pipeline to southeast Europe, the Kremlin is working with a small circle of allies to lay the groundwork for an alternative that would help it maintain leverage in its rivalry with the West, reports Reuters.
Russia last year aborted South Stream, a $40... 2015-02-25
A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed "in days", a CSX spokeswoman said Tuesday, repors WTaq.
A 109-car train... 2015-02-25
India's decrepit state-run train services stand to receive at least a 25 percen boost in investment to over $9 billion, funded solely by falling fuel costs, according to officials familiar with a railway budget set to be unveiled on Thursday, reports Mydigitalfc.com.The world's fourth largest rail... 2015-02-25
An uptick in trucking acquisitions helped keep the number of global transportation and logistics mergers steady in 2014, despite comparatively low levels of activity, research firm PwC US said in its latest quarterly report on global logistics merger and acquisition activity, reports PwC official... 2015-02-25
Hitachi has confirmed its acquisition of Italian train builder AnsaldoBreda, continuing the company’s expansion into Europe, reports GlobalRailNews.
As well as purchasing Finmeccanica’s rolling stock division for €36 million, the Japanese multinational has agreed to take a 40 per... 2015-02-24
The state-owned Bases Conversion and Development Authority (BCDA) said it is in talks with Hong Kong-based rail expert MTR Corporation Ltd. and a Japanese firm over potential partnerships in a planned 55-kilometer railway system from Clark, Pampanga to Malolos, Bulacan, reports Manila Times.
Ukraine's Ministry of Infrastructure has announced the final list of candidates for the post of head of State Railways Administration of Ukraine, Ukrzaliznytsia, reports Interfax.
According to the ministry’s press service, the list includes Dina Nemyrovych – Farmak CFO, Yevhen... 2015-02-24
In a shocking report, rail authorities are reportedly playing with the lives of passengers travelling in the national carrier by compromising over hygiene, reports OneIndia News.Reports claim that the food which is being catered to the passengers in train is cooked in water which is used in... 2015-02-20
The Co-ordination Committee of Railway Trade Unions on Thursday formed a human chain at the Central Station here in protest against the Union government’s decision to allow foreign direct investment in Railways. The protest was also to demand, among other things, interim relief for the... 2015-02-20
Serbian Railways will soon be separated into three companies: railway infrastructure manager, railway freight operator and passenger operator, said Zorana Mihajlovic, Serbian Deputy Prime Minister and Minister of Construction, Transport and Infrastructure,reports Think Railways.
Member countries of the Ashgabat Agreement have approved Kazakhstan's accession to a planned transport corridor that will run from Uzbekistan across Turkmenistan and then to Oman via Iran, according to media reports, reports Times of Oman.The Times of Central Asia (TCA) quoted an official at... 2015-02-18
A resident of Scotland visited the South Central Railway (SCR) headquarters here in search of his ancestral roots, reports India TV.
Nicholas Graves Monday met P.K. Srivastava, general manager, SCR at its headquarters in Secunderabad, the twin city of Hyderabad, and requested him to provide... 2015-02-17
Holding Schwabe, part of Rostec State Corporation, and the Directorate of Railway Stations, a Russian Railways branch, signed an agreement to improve security and to install energy-saving LED technology in railway station complexes, reports Think Railways.