News Archives - Page 751 of 1851 - International Railway Journal

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July 26, 2019 | Asia

Construction resumes on Malaysia’s East Coast Rail Link

MALAYSIA’s transport minister Mr Anthony Loke attended a ceremony in the at Dungun in the state of Terengganu on July 25 to officially restart construction of the East Coast Rail Link (ECRL).

July 25, 2019 | Metros

Singapore launches Circle Line Stage 6 tunnelling

SINGAPORE’s Land Transport Authority (LTA) has launched a Tunnel Boring Machine (TBM) at Keppel station to begin the first stage of tunnelling for the Circle Line Stage 6 (CCL6), which will complete the Circle Line (CCL) loop by connecting the current terminus stations at Harbour Front and Marina Bay.

July 25, 2019 | Locomotives

ÖBB to rebuild electric locomotives with last-mile batteries

AUSTRIAN Federal Railways (ÖBB) has issued a tender for a contract to supply the equipment necessary to rebuild its Class 1063 and 1064 single-cab electric shunting locomotives as battery-electrics.

July 25, 2019 | Financial

DB first half punctuality ahead of target but profits down

PUNCTUALITY on German Rail (DB) long-distance services improved in the first six months of 2019, but Ebit fell significantly, according to the group’s first half results, which were announced by CEO Dr Richard Lutz on July 25

July 25, 2019 | Financial

Talgo first-half profit up 40%

SPANISH manufacturer Talgo has announced a profit of €14m for the first six months of 2019, a 40% increase compared with the same period last year.

July 25, 2019 | Financial

Italy approves €28bn infrastructure investment hike

ITALY’s Inter-ministerial Committee for Economic Programme (Cipe) approved €28bn in additional funding for infrastructure investment by Italian State Railways (FS) on July 24.

July 25, 2019 | Europe

AllRail: European liberalisation in jeopardy after WestBahn decline

THE Alliance of Passenger Rail New Entrants (AllRail) has warned there are serious risks to rail liberalisation in Europe after open-access operator WestBahn announced plans to scale back its operations by half.

July 25, 2019 | Europe

German Monopolies Commission calls for break-up of DB

GERMANY’s federal government should consider separating German Rail’s (DB) transport business from its infrastructure activities, according to the conclusions of a report by the country’s Monopolies Commission on July 25.

July 24, 2019 | Financial

FlixMobility secures funding for expansion

FLIXMOBILITY, the parent company of budget bus operator FlixBus and open-access rail operator FlixTrain, has continued its rise from start-up to international mobility provider with the completion of its Series F funding co-led by private equity houses TCV and Permira.

July 24, 2019 | Europe

Italian prime minister commits to Lyon - Turin high-speed line

IN a move which could signal the end months of political deadlock between the Italian and French governments, Italy’s prime minister, Mr Giuseppe Conte, confirmed his commitment to continuing with the Lyon - Turin high-speed project on July 23.

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