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Financial
August 6, 2024
|
Financial
FTA commits $US 5bn to Bart extension
Valley Transportation Authority freezes new spending as it works to close funding gap on the Silicon Valley line.
August 5, 2024
|
Light Rail
Calgary cuts back light rail plans
The first phase of the city’s Green Line will run only to Lynnwood as total project cost rises to $US 4.5bn.
August 5, 2024
|
Main line
New type of concession contract signed in France
Transdev and NGE will operate and maintain reopened Nancy - Contrexéville line under 22-year concession.
August 4, 2024
|
Middle East
Renfe opens UAE office
Local presence is expected to help the Spanish operator secure new projects.
August 2, 2024
|
Financial
Alstom plans German factory sale
Several potential buyers for coach plant at Görlitz in Saxony.
August 2, 2024
|
Financial
Netherlands Railways makes €109m loss in first half
Fares income insufficient to meet operating costs as traffic remains at 94% of pre-pandemic levels.
August 1, 2024
|
Infrastructure
GCRE enters strategic partnership with Network Rail
Search for a private investment partner for the testing and research facility continues.
August 1, 2024
|
Financial
Tough first half for DB
German Rail makes €677m operating loss and confirms restructuring of DB Cargo.
July 31, 2024
|
Financial
US government sues Norfolk Southern over Amtrak Crescent delays
The government alleges that NS is violating federal law by deliberately delaying passenger trains.
July 31, 2024
|
Infrastructure
Vossloh acquires French sleeper manufacturer Sateba
The deal is worth €450m.
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