Financial Archives - Page 239 of 388 - International Railway Journal

Financial

January 28, 2020 | Rolling stock

Fleet order value passes $US 30bn in 2019

IRJ market analyst Oscar Sinclair looks at the trends and orders which shaped the rolling stock market in 2019.

January 27, 2020 | Financial

Union Pacific revenues fall in 2019

UNION Pacific’s (UP) operating revenue was $US 21.7bn in 2019, down from $US 22.8bn the previous year, the US Class 1 railway revealed in its full year results released on January 23.

January 24, 2020 | High-speed

National Audit Office reveals uncertainty over HS2 costs

A report on High Speed 2 (HS2), published on January 24 by Britain’s National Audit Office (NAO), says there is huge uncertainty around the Department for Transport’s (DfT) latest estimate of the cost of HS2.

January 23, 2020 | Financial

Bombardier and Alstom believed to be in merger talks

EXPLORATORY discussions are believed to be underway regarding a proposed merger between Bombardier Transportation and Alstom according to a report by Bloomberg on January 21.

January 23, 2020 | Policy

Policy change releases funds for rail

The German government looks on the verge of finally backing down from its policy of avoiding deficit financing.

January 22, 2020 | Policy

British government prepares contingency plans for South Western Railway

BRITAIN’s secretary of state for transport, Mr Grant Shapps, told parliament on January 22 that while South Western Railway (SWR) is still meeting its financial commitments under its franchise agreement, contingency plans are being drawn up in case it fails.

January 21, 2020 | Financial

Orders down but sales steady for Alstom in Q3 results

ALSTOM booked €8.2bn of orders in the first nine months of its 2019-20 financial year, down 22% from the €10.5bn reported during the same period in 2018-19. However, group sales reached €6.2bn, up 3% compared with €6bn the previous year.

January 20, 2020 | High-speed

HS2 could cost up to £106bn, draft review finds

BRITAIN’s controversial High Speed 2 (HS2) project could cost up to £106bn, but should still proceed, a draft review of the project led by former HS2 chairman Mr Doug Oakervee has found.

January 17, 2020 | Financial

CSX reports record low operating ratio; KCS “exceeds expectations”

CSX recorded an all-time-low operating ratio of 58.4% in 2019, the Class 1 railway revealed in its full year and fourth quarter financial results published on January 16.

January 16, 2020 | Financial

Delayed rail projects contribute to Bombardier profit downturn

BOMBARDIER has announced its preliminary results for the fourth quarter and full year 2019, and says it now expects lower than previously forecast financial performance.

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