THE founder of Hungary's first open-access railfreight operator Floyd, Mr András Bogdán, has set up a new railway company called Fox Rail after selling his shares in Floyd earlier this year.
THE Russian government was presented with a provisional three-year investment budget of Roubles 1.2 trillion ($US 37.78bn) for Russian Railways (RZD) during a cabinet meeting on November 14, which includes investments of Roubles 395.6bn in 2014, Roubles 415.2bn in 2015, and Roubles 438.4bn in 2016.
SERVICES commenced on a new 6.1km, six-station metro line in Gurgaon, India, on November 14, which links Gurgaon Cyber City, which is located 30km south of central Delhi, with Delhi metro Line 2 at Sikandepur.
THE autonomous region of Madrid is to mothball a suburban line opened just eleven years ago, which connects the capital with the Warner Bros amusement park and the town of San Martin de la Vega, which has a population of 19,000.
NORTH American Class 1 CSX has teamed up with GE Transportation to explore adapting Liquefied Natural Gas (LNG) traction technology for its locomotives through a pilot programme which will commence next year.
ALSTOM unveiled today at its plant in La Rochelle, France, the first Citadis Compact LRV for launch customer Pays d'Aubagne et de l'Etoile region.
THE tendering process is underway for a design contract for the proposed 1520mm-gauge line from Kosice, Slovakia, to Vienna that will extend Russian 1520mm-gauge infrastructure into the heart of Europe.
THE first of 26 trains being supplied by CAF, Spain, for Line 5 of the São Paulo metro has been delivered.
RUSSIA's Federal Railway Transport Register of Certification has certified Evraz to produce DT-350 R-65 head-hardened rails with a length of up to 100m.
THE governor of Mecca, Prince Khaled Al-Faisal, has approved the construction of two new metro lines in the Saudi Arabian holy city of Mecca.
