News Archives - Page 790 of 1851 - International Railway Journal

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May 2, 2019 | Main line

Stagecoach outlines objections to DfT’s pension terms for East Midlands franchise

STAGECOACH Group has released more information about its approach to pension risks for the three recent bids for British rail franchises, after it was disqualified by the Department for Transport (DfT).

May 2, 2019 | Metros

Lyon receives first MPL 16 metro train

THE first MPL 16 metro train for Lyon Line B arrived at the city’s Vaulx-en-Velin metro depot on April 26.

May 2, 2019 | Light Rail

Testing underway on Avignon tram line

DYNAMIC testing is underway on the full length of the first modern tram line in Avignon in preparation for the start of commercial operation in October.

May 1, 2019 | Central/South America

IDB to finance Uruguay’s Central Railway project

IDB Invest, the private sector arm of the Inter-American Development Bank (IDB), confirmed on April 30 that it has approved a financing package worth around $US 500m for Uruguay’s Central Railway Project.

May 1, 2019 | Light Rail

Raide-Jokeri LRT construction to begin in June

CONSTRUCTION of the 25km Raide-Jokeri light rail line between Helsinki and neighbouring Espoo is set to begin next month after Espoo City Council approved revised cost estimates for the project.

May 1, 2019 | High-speed

Financing agreed for Chinese PPP high-speed project

CHINA’s first high-speed line to be built through a Public Private Partnership (PPP) has secured Yuan 28.1bn ($US 4.2bn) in financing from a group of Chinese banks.

May 1, 2019 | Telecoms

Infrabel awards Kapsch telecoms upgrade contract

BELGIUM’s infrastructure manager Infrabel has awarded Kapsch CarrierCom a 15-year contract to migrate the network’s GSM-R and GPRS telecommunications technology to a next-generation platform, which includes providing compliance with ETCS Level 2.

May 1, 2019 | Europe

Renfe first quarter ridership up 7.6%

RENFE carried 131 million passengers in the first quarter of 2019, a 7.6% increase compared with the corresponding period in 2018, according to ridership figures released by Spain’s national train operator on April 26.

May 1, 2019 | Fleet

TMH to overhaul Nizhny Novgorod metro trains

Nizhny Novgorod Metro has awarded Transmashholding (TMH) subsidiary Oktyrbrsky Electric Car Plant (OEVRZ) a contract to overhaul 26 type 81-717/714 metro cars.

April 30, 2019 | Financial

ÖBB reports drop in earnings as freight competition intensifies

AUSTRIAN Federal Railways (ÖBB) reported its annual results for 2018 with earnings before tax (EBT) of €151m, down 14% from €176m in 2017.

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