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Financial
May 31, 2024
|
Freight
Rail Cargo Group acquires Captrain Netherlands
Austrian freight operator continues its European expansion, also setting up a second subsidiary in Serbia.
May 31, 2024
|
Main line
São Paulo state launches $US 37.2bn rail investment plan
Three inter-city projects under development as São Paulo - Campinas concession contract is signed.
May 30, 2024
|
North America
NS settles East Palestine derailment claims
Norfolk Southern agrees to pay $US 15m civil penalty as part of $US1.7bn settlement package.
May 24, 2024
|
Fleet
SBB orders trains for French cross-border services
Option for 33 Stadler Flirt EMUs exercised under framework for up to 510 trains.
May 22, 2024
|
Policy
European Commission approves German wagonload freight support scheme
German government will make €1.7bn available over five years to 2029.
May 22, 2024
|
Light Rail
Alstom to supply Citadis LRVs for Haifa - Nazareth line
Supplier is part of the consortium delivering the €1bn PPP light rail project in Israel.
May 21, 2024
|
Rolling stock
Wabtec opens new $US 18m plant in India
Manufacturing campus at Rohtak will produce rolling stock components and subsystems.
May 21, 2024
|
Financial
Kenya secures more Chinese funding for Standard Gauge Railway
Funding to build 364.3km of new railway from Naivasha to Malaba on Ugandan border.
May 17, 2024
|
Australia/NZ
Government provides over $A 1bn to upgrade Australia’s national network
The Australian federal government confirmed the spending in its 2024-25 budget announcement.
May 16, 2024
|
Light Rail
Siemens and Bilfinger to maintain Edinburgh’s light rail line for 11 more years
Contract extension is worth £44.7m and covers 18.5km of infrastructure.
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