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News
January 16, 2020
|
Light Rail
Light rail growth strong in Europe, UITP says
LIGHT rail infrastructure and patronage has seen a steady increase since the start of the millennium, according to a report from the International Association of Public Transport (UITP), with 108 new cities around the world opening their first line, including 70 in Europe.
January 16, 2020
|
Financial
Beijing-Shanghai high-speed railway IPO raises $US 4.5bn
BEIJING-Shanghai High-Speed Railway Company made a strong debut on the Shanghai Stock Exchange on January 16 selling 6.29 billion shares for Yuan 30.7bn ($US 4.46bn) making it one of China’s largest IPOs in the last four years.
January 16, 2020
|
Financial
Ultimate Europe takes majority stake in suppliers
ULTIMATE Europe has taken a majority stake in its supplier partners in Turkey and Romania, in an effort to expand its production chain.
January 16, 2020
|
Infrastructure
Trafikverket delays ERTMS roll-out in southern Sweden
SWEDISH infrastructure manager Trafikverket has announced a two-year delay to its ERTMS programme in southern Sweden, although it says the cost of the project is unchanged.
January 15, 2020
|
Main line
Malmö - Cologne night train could start in 2022-2023 Trafikverket says
SWEDEN’s national infrastructure manager, Trafikverket, says a new night train service could be launched between Malmö and Cologne within two to three years, with other routes to follow.
January 15, 2020
|
Financial
Germany approves €86bn rail infrastructure programme
THE German federal government and German Rail (DB) have agreed the new €86bn LuFV III rail infrastructure programme for 2020-2029, which represents a 54% increase over the previous LuFV II plan.
January 15, 2020
|
Metros
Glasgow Metro project makes progress
THE first stage of Glasgow’s proposed metro network has passed its first hurdle, as the scheme to connect Paisley Gilmour Street station to the city's airport and the Advanced Manufacturing Innovation District Scotland (Amids) has received approval from Glasgow City and Renfrewshire councils.
January 15, 2020
|
Metros
São Paulo Metro signs contract to complete Line 17 works
SÃO Paulo Metro signed a Reais 494.8m ($US 119.7m) contract with Constran on January 13 for the resumption of civil works on the Line 17/Gold monorail project, with São Paulo Metro to define the schedule of the works with the company.
January 15, 2020
|
Signalling
Xrail to maintain Haramain signalling
SIEMENS has awarded Xrail a seven-year contract to provide corrective and preventive maintenance services for the signalling systems and technical buildings on Saudi Arabia’s Medina - Jeddah - Mecca Haramain high-speed line.
January 15, 2020
|
Main line
Tenders invited to rebuild and electrify Hungary - Serbia cross-border line
HUNGARIAN State Railways (MÁV) has issued a call for tenders for the modernisation of the 13km Hungarian section of the 44km single-track line between Szeged, Hungary, and Subotica, Serbia.
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