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April 2, 2019 | Financial

FS Group revenue grows 30% to top €12bn

ITALIAN State Railways Group (FS) achieved a 30% increase in turnover in 2018 to €12.08bn. Although operating costs soared by 37.6%, partly as a result of acquisitions, to €9.6bn, FS still managed to record a 7% increase in Ebitda to €2.48bn and an Ebitda margin of 20.5%.

April 2, 2019 | News

Work begins on new Indonesian rolling stock plant

A groundbreaking ceremony was held in Banyuwangi, Indonesia, on March 31 for state-owned rolling stock manufacturer PT Industri Kereta Api Indonesia’s (PT Inka) new plant where it will manufacture trains in partnership with Stadler.

April 2, 2019 | Freight

Hupac to automate route planning and traffic management

SWISS intermodal operator Hupac is set to automate its route planning and traffic management processes using sensor data and analytics provided by Nexiot, which the operator says will help to predict delays, better plan journeys and improve traffic and fleet management.

April 2, 2019 | Freight

Rail Cargo Group signs MoU to expand Rijeka port rail logistics

RAIL Cargo Group (RCG), a subsidiary of Austrian Federal Railways (ÖBB), signed a memorandum of understanding on April 2 with Luka Rijeka, the operator of the Adriatic port of Rijeka in Croatia, to expand rail logistics facilities.

April 2, 2019 | Financial

New York road congestion charge to support rail networks

NEW York City is aiming to raise up to $US 15bn to support Metropolitan Transit Authority (MTA) rail upgrades and repairs from a new road traffic congestion pricing programme, the first in the United States, which was confirmed in the state’s 2020 budget announcement on April 1.

April 2, 2019 | Freight

BLS Cargo achieves strong revenue and profit growth

SWISS rail freight operator BLS Cargo achieved a 15.8% increase in revenue last year to SFr 235m ($US 235m) compared with SFr 203m in 2017, while profit rose by SFr 1.9m to SFr 5.4m.

April 1, 2019 | Main line

British government to fund Borders Railway extension study

THE British government has confirmed it intends to fund a feasibility study into the extension of Edinburgh - Tweedbank Borders Railway to Hawick and Carlisle.

April 1, 2019 | Africa

Cape Town plans takeover of commuter rail services

THE City of Cape Town announced on March 25 that it will appoint a multi-disciplinary team of rail professionals to support planning for its proposed takeover of commuter rail services from Passenger Rail Agency of South Africa (Prasa).

April 1, 2019 | Europe

Munich Airport eastern rail link moves forward

BAVARIA’s minister of transport, Mr Hans Reichhart, confirmed on March 21 that German infrastructure manager DB Network has submitted a planning application to the Federal Railway Authority (EBA) for a new eastern rail link to Munich Airport.

April 1, 2019 | North America

Montreal REM train design revealed

ARTIST’s impressions of the chosen rolling stock design for Montreal’s Metropolitan Express Metro (REM) network were unveiled on March 29.

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