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Passenger
November 13, 2020
|
Africa
Egypt and Sudan to cooperate on international rail link
THE governments of Egypt and Sudan have signed a joint cooperation agreement to carry out economic, social and environmental feasibility studies for the creation of a new cross-border railway between the two countries.
November 13, 2020
|
Financial
ADB approves $US 121m loan for Uzbekistan rail upgrades
THE Asian Development Bank (ADB) has issued a $US 121m loan to the government of Uzbekistan to complete the modernisation of the country’s eastern rail network.
November 13, 2020
|
Light Rail
Indian government releases new standards for light rail networks
THE Indian government has issued the standard specifications for MetroNeo, a new low-cost light rail transit (LRT) system that could be implemented in tier-2 and tier-3 cities that have a population of less than one million.
November 13, 2020
|
Financial
Siemens’ Ebitda falls but revenue stable in 2020 results
SIEMENS Mobility has announced an adjusted Ebitda of €241m for its 2020 fiscal year, which ran from October 1 2019 to September 30, a fall of 19% compared with €299m in 2019.
November 12, 2020
|
Main line
32 disused lines in Baden-Württemberg could reopen
THE southwestern German state of Baden-Württemberg has published an analysis of 42 railway lines in the state that have been evaluated for re-opening with at least hourly services.
November 12, 2020
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Metros
Chicago Transit Authority faces $US 375m operating deficit in 2021
THE Chicago Transit Authority (CTA) has revealed its faces a $US 375m operating budget deficit in 2021 in light of the Covid-19 pandemic.
November 12, 2020
|
High-speed
Tunnelling beneath the Baltic: a pipe dream or a once-in-a-generation opportunity?
Building new railway lines is often a daunting undertaking which can take decades, especially when tunnelling is involved. But two developers from the Baltic region are pushing plans to construct what would be the world’s longest railway tunnel in a matter of a years. David Burroughs talks to Peter Vesterbacka and Kustaa Valtonen about how viable their vision is.
November 12, 2020
|
Fleet
DSB receives €400m green loan to electrify fleet
DANISH State Railways (DSB) and Nordic Investment Bank (NIB) have signed a €400m loan agreement to support a project to fully electrify and convert DSB’s fleet.
November 12, 2020
|
Financial
Alstom reports fall in net income for first half of 2020-21
ALSTOM has reported a net income of €161m in the first half of its 2020-21 fiscal year from April 1 to September 30, a 24.4% drop compared with €213m in the first half of 2019-20.
November 11, 2020
|
High-speed
Five-point plan aims to accelerate US high-speed development
FOLLOWING the election of long-time passenger rail advocate, Mr Joe Biden, as president elect of the United States, the United States High Speed Rail Association (USHSR) has published a five-point plan to encourage the development of high-speed networks across the country.
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