News Archives - Page 636 of 1851 - International Railway Journal

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April 27, 2020 | Financial

Germany approves CRRC’s Vossloh Locomotive acquisition

GERMANY’s Federal Cartel Office has approved CRRC Zhuzhou Locomotive’s acquisition of Vossloh Locomotives saying its concerns do not justify rejecting the merger.

April 27, 2020 | Infrastructure

Mayan Train phase 1 contract awarded

MEXICO’s National Tourism Promotion Fund (Fonatur) has announced a consortium led by Mota-Engil México as the winner of the tender to construct the 227km first section of the Mayan Train project.

April 27, 2020 | Financial

UP reports record first quarter operating ratio

UNION Pacific (UP) achieved an all-time best operating ratio of 59% for the first quarter of 2020, and an increase in net income from $US 1.4bn in 2018 to $US 1.5bn.

April 27, 2020 | Europe

InnoTrans to take place on April 27-30 2021

MESSE Berlin has announced that InnoTrans will now be held on April 27-30 2021 following its announcement on April 22 that it would not be possible to stage the exhibition on September 22-25 due to coronavirus restrictions.

April 25, 2020 | Europe

IRJ In-brief - Coronavirus: CD partially resumes services; NS builds ventilator powerpacks; China donates face masks to MÁV

CZECH Republic: Czech Railways (CD), working with the Ministry of Transport, will partially resume operation of long-distance passenger services from April 26.

April 24, 2020 | Financial

Keolis reports 11% revenue jump

KEOLIS recorded a 10.9% increase in revenue last year, up from €5.93m in 2018 to €6.58bn in 2019.

April 24, 2020 | High-speed

Covid-19 delays Avlo launch indefinitely

SPANISH national operator Renfe has deferred the launch of its low-cost high-speed Avlo service indefinitely.

April 24, 2020 | Australia/NZ

Adani awards second contract for Queensland coal line

ADANI Australia, the developer of the controversial Carmichael coal mine in northern Queensland, has awarded a $A 220m ($US 140m) construction contract to Martinus Rail for its 200km 1067mm-gauge coal railway linking the mine to Abbott Point port.

April 24, 2020 | Financial

Czech Railways reportedly in talks over Leo Express acquisition

CZECH Railways (ČD) is reportedly in talks regarding a potential takeover of private open-access passenger operator and market rival Leo Express.

April 24, 2020 | Financial

CSX sets new operating ratio record in first quarter

CSX set a Class 1 railway first-quarter operating ratio record of 58.7%, improving 80 basis points from its 59.5% operating ratio in the first quarter of 2019.

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