Financial Archives - Page 195 of 388 - International Railway Journal

Financial

January 22, 2021 | Financial

UP and CSX report flat revenue but improved efficiency

UNITED States Class 1 railways Union Pacific (UP) and CSX have reported flat year-on-year earnings but improved operational efficiency in financial reports released on January 21.

January 21, 2021 | Financial

Getlink reports 24% fall in turnover in 2020

CHANNEL Tunnel operator Getlink has reported a 24% fall in turnover to €815.9m for 2020 compared with 2019, due to restrictions on movement caused by the Covid-19 pandemic.

January 21, 2021 | Financial

BNSF announces $US 2.99bn 2021 capital plan

UNITED States Class 1 railway BNSF has set a $US 2.99bn capital expenditure plan for 2021, with the largest portion going toward maintaining the core network and related assets.

January 20, 2021 | Infrastructure

California - Las Vegas HS line construction could start in Q2 2021

BRIGHTLINE West hopes to begin construction of its $US 8.4bn 270km California - Las Vegas high-speed line in the second quarter of 2021.

January 20, 2021 | Financial

Alpha Trains attracts investment from PGGM Infrastructure Fund and APG

TWO major investors in rolling stock leasing company (Rosco) Alpha Trains have sold their stakes in the company.

January 19, 2021 | North America

Major rail projects included in New York governor’s 2021 infrastructure agenda

NEW York governor Mr Andrew Cuomo outlined a $US 306bn infrastructure plan on January 14 as part of his 2021 agenda, which includes support for several rail projects.

January 18, 2021 | Financial

China Railways to scale back network expansion in 2021

CHINA National Railways (CR) has announced that it will focus on increasing efficiency and revenue across its network in 2021 rather than network expansion, marking a change of course for the state-owned railway.

January 18, 2021 | Financial

Railpool raises €150m to grow fleet

FOUR banks have arranged €150m in financing to allow European rolling stock leasing company (Rosco) Railpool to purchase new locomotives.

January 17, 2021 | Financial

IN-BRIEF - Financial: Amtrak awarded Metrolink contract; Hitachi partners with HyperloopTT; VTG places €746m in bonds

United States: Southern California passenger service Metrolink has awarded Amtrak a four-and-a-half-year contract to provide commuter rail services from January 1 2021 through to June 30 2025. As part of the contract, Amtrak will provide staff to operate Metrolink trains. Amtrak was selected from five proposals.

January 16, 2021 | Financial

IN-BRIEF - Financial: Saxony offers covid compensation; Saarbahn protests track access hike; Patriot Rail buys SLGW

Germany: The Saxony Ministry of Transport and the Ministry of Finance have agreed to compensate 100% of the losses incurred by public transport operators due to the Covid-19 pandemic, which by December had amounted to around €80m.

« Previous 1 … 193 194 195 196 197 … 388 Next »

Rail market intelligence to unlock your business potential.

Sign up for the IRJ Rail Brief Newsletter