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Freight
November 29, 2019
|
Financial
Indian Railways to sell stake in Container Corporation of India
BUSINESS opportunities have opened for private players and global fund managers following the Indian government’s decision last week to offload shares and transfer managerial control of the Container Corporation of India (Concor) to a strategic buyer.
November 29, 2019
|
Australia/NZ
Regional intermodal revival takes hold
A modest and quiet revolution is taking place in Australian rail freight with numerous new intermodal traffic flows from regional areas being attracted to rail. Mark Carter looks at some recent developments and key players.
November 28, 2019
|
Infrastructure
Rail Baltica project construction officially launched
ESTONIA’s prime minister, Mr Jüri Ratas, and Mr Henrik Hololei, director general of the European Commission's Directorate-General for Transport, officially launched construction of the Rail Baltica high-speed rail project on November 28.
November 28, 2019
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Main line
Preliminary planning completed for new 392km Vietnam line
CHINA Railway Fifth Survey and Design Institute Group has completed preliminary studies into the construction of a standard-gauge line in Vietnam between the northern border with China and eastern ports.
November 28, 2019
|
Freight
Désirée Baer appointed as SBB Cargo CEO
THE CEO of SBB subsidiary Securitrans Public Transport Security, Ms Désirée Baer, has been appointed as the CEO of SBB Cargo effective March 1 2020, replacing Mr Nicolas Perrin who will join Swiss Federal Railways’ (SBB) board of directors.
November 25, 2019
|
Financial
Tanzania to sign $US 1.46bn loan agreement for standard gauge railway
TANZANIA’s government has announced plans to sign a $US 1.46bn loan agreement with local and international lenders in the middle of December for construction of the 160km/h Morogoro - Makutupora section of the standard gauge railway project.
November 18, 2019
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Fleet
Siemens announces launch customer for Vectron Dual Mode locomotive
GERMAN locomotive and railway equipment leasing specialist, Railsystems RP, is the first company to place an order with Siemens for its Vectron Dual Mode locomotive.
November 15, 2019
|
Freight
Western Australian grain network access agreement reached
WESTERN Australian (WA) grain handler and marketer CBH Group has announced that it has reached an independently arbitrated agreement with track owner Arc Infrastructure (a subsidiary of Brookfield Rail) that will provide CBH with secure long-term track access to the state’s grain freight rail network.
November 14, 2019
|
Infrastructure
Swiss adopt SFr 13bn plan to increase rail capacity by 2035
THE Swiss federal parliament has adopted a plan to invest SFr 12.89bn ($US 13bn) to increase capacity on the national rail network between 2020 and 2035.
November 11, 2019
|
Freight
BVG CEO appointed CEO of DB Cargo
THE CEO of Berlin Transport (BVG), Dr Sigrid Nikutta, has been appointed as CEO of DB Cargo and will take up a newly-created position in charge of freight on German Rail’s (DB) board of management.
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