Financial Archives - Page 56 of 388 - International Railway Journal

Financial

December 6, 2024 | Financial

Amtrak breaks ridership record in 2024

More than 32 million passengers used Amtrak’s trains across the United States between October 1 2023 and September 30 2024.

December 5, 2024 | Main line

FirstGroup to expand Lumo to south Wales and targets southwest England

The company has bought the open-access business of Grand Union Trains.

December 5, 2024 | Africa

Zambia Lobito Rail project to start in 2026

Over $US 1bn of finance has now been secured for the project.

December 5, 2024 | Australia/NZ

Queensland cuts public transport fares

Australian state has made permanent a $A 0.50 flat fare for some public transport networks.

December 4, 2024 | Financial

Ontario proposes funding deal to support Toronto transit

Funding could be provided for new subway fleets and to support LRT extension projects. Phil Verster steps down as Metrolinx CEO.

December 4, 2024 | Policy

First British operators to return to public ownership

South Western Railway, c2c and Greater Anglia will all return to public ownership in 2025.

December 3, 2024 | High-speed

Further contract awards for Morocco’s Kénitra - Marrakech high-speed line

Ninth civil engineering package awarded as well as rail fastenings and switches contract.

December 2, 2024 | Freight

EC approves €1.9bn German state aid package to DB Cargo

The EC stipulates that DB Cargo must become financially viable by the end of 2026.

November 29, 2024 | Commuter Rail

RATP Dev forms new partnership in South Africa

Sihamba Sonke Mobility will deliver new projects, building on the success of Gautrain.

November 28, 2024 | Metros

SBS Transit-RATP Dev secure Singapore metro line operating contract

The first phase of the Jurong Region Line will open in 2027.

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