News Archives - Page 744 of 1851 - International Railway Journal

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August 8, 2019 | Europe

FS seeks to benefit from Milan Linate Airport closure

ITALIAN State Railways’ (FS) subsidiary Trenitalia is increasing the number of trains which serve Milan Rogoredo station in a bid to encourage airline passengers to switch to rail during the temporary closure of Milan Linate Airport.

August 8, 2019 | Asia

Indian Railway’s privatisation moves face union backlash

INDIAN Railways (IR) has received a backlash from its 130,000 employees after it released an official circular that recommends “compulsory retirement” for staff aged 55 and older who fail to pass a performance review.

August 8, 2019 | Light Rail

CAF and Shapir awarded Jerusalem light rail project contract

JERUSALEM Transportation Masterplan Team (JTMT) has awarded the TransJerusalem J-Net consortium, comprised of CAF and the construction firm Shapir, a €1.8bn contract to undertake an extension to the Jerusalem light rail network.

August 8, 2019 | Main line

RegioJet plans service to Budapest

CZECH open-access operator RegioJet has announced plans to extend its Prague - Vienna service to the Hungarian capital Budapest starting in June 2020. Two of RegioJet’s four daily Prague - Brno - Vienna services will be extended to Budapest, and RegioJet says the additional services have already been put into the 2020 timetable proposal.

August 8, 2019 | Light Rail

London Trackwork awarded Finch West LRT contract

MOSAIC Transit Group has awarded London Trackwork, Canada, a contract to supply trackwork and switch machines for the Finch West LRT project in Toronto, Canada. The contract will take between one-and-a-half and two years to complete.

August 8, 2019 | Financial

Dutch charter train operator declared bankrupt

LIMBURG District Court in Roermond, Netherlands, declared Lucato and its subsidiaries Railpromo and Railpromo Fleet Services bankrupt on August 6.

August 7, 2019 | Main line

Jakarta - Surabaya line closer to reality

THE Indonesian government is reportedly due to sign a memorandum of understanding (MoU) later this year with the Japan International Cooperation Agency (Jica), which will allow construction on the Jakarta - Surabaya line to begin.

August 7, 2019 | Financial

VTB Bank acquires majority stake in Rustranscom

VTB Bank, Russia, has reached an agreement with the shareholders of Russian freight operator Rustranscom (RTC) to acquire a 50% plus one share stake in RTC Group.

August 7, 2019 | Financial

DB selects Amsterdam for possible Arriva IPO

GERMAN Rail (DB) has reportedly selected the Euronext stock exchange in Amsterdam as a prospective listing venue for its Arriva public transport operations business if the planned sale of the unit, which is due to start this week, does not meet expectations.

August 7, 2019 | Freight

Norway announces rail freight support scheme

THE Norwegian Ministry of Transport and Communications has announced the launch of a temporary scheme designed to strengthen the competitiveness of the rail network pending the introduction of the freight package in the 2018 - 2029 National Transport Plan.

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