THE Cuban Ministry of Finance has confirmed funding for 240 new passenger coaches per year in a bid to upgrade the country's railways.
THREE bidders have been shortlisted by the government of the Australian state of Victoria to deliver the first stage of works included in the Melbourne Metro Rail Project early works package tender.
THE British House of Commons Select Committee on the High-Speed 2 (HS2) Hybrid Bill has published its final report. The bill will now go forward for further consideration in the House of Parliament and then the House of Lords.
EGIS, France, is to undertake engineering, procurement and construction management for system equipment on Paris metro Line 18 – part of the Grand Paris Express project.
SIEMENS presented the first of 74 Inspiro metro vehicles for Riyadh's metro in Vienna today.
NETHERLANDS Railways (NS) turnover for 2015 increased by 20% to €4973m – but profits fell by €62m to €118m.
BIDS for Connecting Europe Facility (CEF) funding closed on February 16, with up to €200m available for European Rail Traffic Management (ERTMS) projects, €50m for rail interoperability and a potential share of other funds not dedicated to any specific mode.
WAGON leasing and logistics company VTG, Germany, reported a 76.2% rise in earnings before tax, depreciation and amortisation (Ebitda) in 2015 to €336.5m on turnover of €1bn.
THE Shift2Rail Joint Undertaking has appointed Mr Carol Borghini as its new executive director. The announcement comes as the body reaches operational status with all members selected and the first call for research activities underway.
THE driver of an Arriva Stadler 2/8 EMU was killed after the train hit a mobile crane on a level crossing at Dalfsen on the Zwolle-Emmen line at 09.00 CET.
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