NORWEGIAN track authority Jernbaneverket has awarded Skanska, Sweden, a NKr 1.36bn ($US 245.6m) contract for the remaining civil works on the 13.4km Holm - Nykirke section of the Vestfold line upgrade project.

GERMAN Rail (DB)and private German passenger operators are establishing framework contracts with chosen suppliers ahead of future regional passenger rolling stock tenders.

KIWIRAIL plans to devalue its assets to more accurately reflect their productive earnings value.