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April 9, 2019
|
Financial
Virgin Trains USA receives approval to raise $US 950m debt
VIRGIN Trains USA, previously known as Brightline, has received approval to raise $US 950m in debt to fund its extension from West Palm Beach to Orlando.
April 9, 2019
|
North America
Silicon Valley light rail line to close
SANTA Clara Valley Transportation Authority (VTA) has announced plans to close a light rail line in Silicon Valley as part of a recast of the public transport network, which is being implemented in response to the agency's growing operating deficit.
April 8, 2019
|
Main line
Leo Express plans Prague - Warsaw - Terespol services
CZECH open-access operator Leo Express has notified the Polish Railway Transport Office (UTK) of plans to launch a new service from Prague to Warsaw and Terespol on the Poland-Belarus border.
April 8, 2019
|
Africa
Ghana’s standard-gauge eastern line approved
GHANA’s Ministry of Railways Development has reached a $US 2.2bn build, operate and transfer (BOT) concession agreement with the Ghana European Railway Consortium (GERC) to construct the Tema - Accra - Koforidua - Kumasi eastern railway line.
April 8, 2019
|
Main line
Open-access London - Cardiff service proposed
GRAND Union Trains, which was set up in 2018 by Mr Ian Yeowart, has applied to Britain’s Office of Road and Rail (ORR) to operate an open-access passenger service between London Paddington and Cardiff in competition with franchisee Great Western Railway (GWR).
April 8, 2019
|
Metros
Tehran metro Line 6 inaugurated
THE first phase of Tehran metro Line 6 was inaugurated on April 7 in the presence of Iran’s president, Dr Hassan Rouhani, and the city’s mayor, Mr Pirouz Hanachi.
April 5, 2019
|
North America
Baltimore Penn Station upgrade reaches commercial close
AMTRAK had reached commercial close on a project to expand and modernise Baltimore Penn Station, following the execution of a master development agreement with Penn Station Partners.
April 5, 2019
|
Europe
Germany sees strong passenger rail growth as bus traffic remains steady
THE German Federal Statistical Office (Destatis) has released the public transport usage figures for 2018, which show a 0.6% increase in overall passenger journeys by all modes, up to 11.6 billion trips.
April 5, 2019
|
Europe
Helsinki - Kouvola direct link “not economically viable”
A new direct rail link between Helsinki and Kouvola would reduce journey times between the capital, southeast Finland and St Petersburg but is not economically viable, according to a report published by the Finnish Ministry of Transport and Communications on April 5.
April 4, 2019
|
Financial
Transdev signals strategic commercial shift
FRENCH operator Transdev has announced an increase in revenue in its 2018 financial results, and says a change in the company’s shareholder base has allowed it to deploy a new commercial strategy.
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