Regions Archives - Page 884 of 1970 - International Railway Journal

Regions

January 17, 2020 | Financial

CSX reports record low operating ratio; KCS “exceeds expectations”

CSX recorded an all-time-low operating ratio of 58.4% in 2019, the Class 1 railway revealed in its full year and fourth quarter financial results published on January 16.

January 17, 2020 | Fleet

PKP Intercity benefits from refurbished coaches

PKP Intercity introduced the last of 90 refurbished second class coaches into service at the end of 2019, five months ahead of schedule, the company announced on January 17.

January 17, 2020 | Fleet

Bombardier extends London Overground maintenance contract

BOMBARDIER has agreed a 10-year extension of its contract with Transport for London (TfL) to maintain the fleet of 54 class 710 Aventra EMUs, which was due to expire in July 2025, to July 2035.

January 17, 2020 | Main line

Passenger numbers rise on Russian Railway’s day trains

RUSSIAN Railways (RZD) subsidiary Federal Passenger Company (FPK) carried around 17.7 million passengers on its long-distance day train services in 2019, an 18% increase from 2018.

January 16, 2020 | Financial

Delayed rail projects contribute to Bombardier profit downturn

BOMBARDIER has announced its preliminary results for the fourth quarter and full year 2019, and says it now expects lower than previously forecast financial performance.

January 16, 2020 | Light Rail

Light rail growth strong in Europe, UITP says

LIGHT rail infrastructure and patronage has seen a steady increase since the start of the millennium, according to a report from the International Association of Public Transport (UITP), with 108 new cities around the world opening their first line, including 70 in Europe.

January 16, 2020 | Financial

Beijing-Shanghai high-speed railway IPO raises $US 4.5bn

BEIJING-Shanghai High-Speed Railway Company made a strong debut on the Shanghai Stock Exchange on January 16 selling 6.29 billion shares for Yuan 30.7bn ($US 4.46bn) making it one of China’s largest IPOs in the last four years.

January 16, 2020 | Financial

Ultimate Europe takes majority stake in suppliers

ULTIMATE Europe has taken a majority stake in its supplier partners in Turkey and Romania, in an effort to expand its production chain.

January 16, 2020 | Infrastructure

Trafikverket delays ERTMS roll-out in southern Sweden

SWEDISH infrastructure manager Trafikverket has announced a two-year delay to its ERTMS programme in southern Sweden, although it says the cost of the project is unchanged.

January 16, 2020 | Europe

Pressure builds on Europe’s railways to reduce costs

Libor Lochman, executive director, CER, talks to Kevin Smith

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