THE Greenbrier Companies has rejected American Railcar Industries bid of around $US 543m for the company describing the offer as "inadequate" and one that "grossly undervalues the company and is not the best interest of Greenbrier stockholders."
GREATER Braunschweig Regional Rail Vehicles (RGB), a company set up in spring 2012 to procure trains for use on the rail network in the Braunschweig area, has placed a €100m order with Alstom for 20 four-car Coradia emus.
FOLLOWING a four-year investigation, the French competition authority has fined French National Railways (SNCF) €60.9m for anti-competitive practices following a string of complaints raised by open-access railfreight operators in 2008 and 2009.
A ceremony was held on December 16 to mark the delivery of the first of nine Stadler emus for Lower Austria Transport Company (Növog), which will use the trains on the 760mm-gauge line between St Pölten and Mariazell.
SEVEN years after construction began, Bilbao – San Sebastian EuskoTren services started using the new 4km tunnel beneath the town of Durango on December 17.
PARIS celebrated the opening of its third light rail extension in a month on December 15 with the inauguration of a new 14.5km section of the orbital Line T3.
RATP Dev subsidiary RDMT has been awarded a contract to operate the Tucson's first streetcar line for three years with options to extend the agreement by up to eight years.
THE future of the proposed Surat Basin Rail (SBR) project in southern Queensland is under a cloud after the consortium charged with building the link failed to act on its notice of intention to acquire land identified for construction of the corridor.
MEXICO's Federal Secretariat of Communications and Transport (SCT) is to invite bids next year for concessions for a series of passenger rail projects, under proposals unveiled by the country's new president Mr Enrique Peña Nieto.
STADLER Poland has been awarded a contract worth a total of Zlotys 510m ($US 163m) to supply and maintain a fleet of 20 two-car Flirt emus for Lodz Rail Agglomeration (LKA).
