THE Australian federal government published its 2017-2018 budget on May 9, committing up to $A 20bn ($US 14.7bn) in current and forward investment in rail projects that it says will cut congestion in cities, provide growth in regional areas and create new employment opportunities.
ALSTOM achieved a 6% increase in sales and a 15% rise in Ebit for the year ending March 31 2017, while its order backlog reached a new record of €34.78bn.
THE government of the Australian state of Victoria has announced that its forthcoming state budget for 2017-18 will include current and forward investment of $A 1.45bn ($US 1.1bn) for a Regional Rail Revival package of upgrades on every regional passenger line across Victoria.
NEW South Wales transport minister Mr Andrew Constance announced on April 18 that the new light rail line in the city of Newcastle will operate without catenary for much of its length to reduce the line’s visual impact.
ACCORDING to a study by SCI Verkehr, Germany, the world market for metro cars is set to grow at an annual rate of 1-2% from what it describes as a very high current market volume of more than €8bn.
CBH Group, Australia, has awarded a contract to Wi-Tronix, United States, to equip its fleet of 25 diesel-electric locomotives, which are used to haul grain trains, with Wi-Nostix, a predictive fault diagnostics and monitoring system.
COAL services operated by Australian rail freight operator Aurizon have suffered severe disruption following heavy rain and flooding caused by Cyclone Debbie which made landfall on the Queensland coast during the last week of March.
THE government of the Australian state of Victoria has announced that final bids for the $A 6bn ($US 4.5bn) Melbourne Metro tunnel and stations public private partnership (PPP) have been received and are being assessed by the Melbourne Metro Rail Authority (MMRA).
AUSTRALIAN rail freight operator Aurizon is looking to revitalise its plans for a 1067mm-gauge rail link to the proposed coalfields in the Galilee Basin in north Queensland, according to reports in the Financial Review.
ACCORDING to a report published by SCI Verkehr, Germany, all types of rail traffic are expected to grow up to 2025, building on the growth already achieved since 2005. The strongest growth is expected in urban rail, followed by mainline passenger and freight.
