SWISS intermodal operator Ralpin carried 110,500 lorries on its Transalpine rolling road service last year, a 0.4% increase over 2015.

VOSSLOH confirmed the sale of its Spanish-based Rail Vehicles division to Stadler Rail on December 31 following the completion of all relevant merger control clearances. The deal was initially signed on November 4 and is the first of three prospective sales of the units which comprise Vossloh's Transportation division.

FOR its January 2016 issue, International Railway Journal has forsaken its usual format for something a little different. The Railway in 2016 is a comprehensive look ahead to the trends and issues set to impact the global rail industry in 2016 and beyond through interviews and insight from leading industry figures from across the world.

EUROMAINT, Sweden, announced on December 28 that it has sold all of its shares in its German rolling stock maintenance business to Iberia Capital Group, Luxembourg, for an undisclosed sum.

ALSTOM confirmed on December 29 that it has concluded the acquisition of an additional 8% stake in Transmashholding (TMH) from Russian Railways (RZD).

OMNITRAX Canada has confirmed that it is selling the Port of Churchill and the associated Hudson Bay Railway Company to an unidentified group of northern-Manitoba-based First Nations for an undisclosed sum.

THE Punjab provincial government's economics affairs secretary Mr Tariq Bajwa and Mr Sun Ping, vice president of Exim Bank of China, signed a Rs 162bn ($US 1.55bn) soft loan agreement to fund the entire Lahore Orange Line metro project during a ceremony held on December 21.

LITHUANIAN Railways (LG) has signed a €50m loan agreement with the Nordic Investment Bank (NIB) to aid the funding of various railway infrastructure improvement projects.

STADLER Rail and Utah Governor's Office of Economic Development (GOED) announced on December 10 that Stadler's US subsidiary will establish a temporary manufacturing and assembly facility in the state as part of the first phase of a 15-year plan to expand the company's presence in the North American market.

ITALIAN State Railways (FS) concluded the privatisation of its power supply network on December 10 when it signed a contract transferring ownership to Terna, an Italian public company owned by Cassa Depositi e Prestiti which manages the national electricity grid.