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Regions
May 3, 2019
|
Passenger
New Network Rail CEO wants to put customers first
Britain’s infrastructure manager Network Rail is putting more emphasis on the needs of customers following the appointment last year of Andrew Haines as its new CEO. Haines outlined some of his priorities for NR during the recent Acclerate Rail conference in London. David Briginshaw was in the audience.
May 2, 2019
|
Financial
Masabi raises $US 20m in growth funding
DIGITAL ticketing developer Masabi announced on April 30 a $US 20m growth funding round with investment led by Smedvig Capital with MMC Ventures and other existing investors.
May 2, 2019
|
Asia
China Railway profit up 12.4% in 2018
CHINA Railway Corporation (CRC) achieved record profits in 2018 according to the company’s latest earnings report.
May 2, 2019
|
Main line
Stagecoach outlines objections to DfT’s pension terms for East Midlands franchise
STAGECOACH Group has released more information about its approach to pension risks for the three recent bids for British rail franchises, after it was disqualified by the Department for Transport (DfT).
May 2, 2019
|
High-speed
Exporting the Italian recipe for high-speed success
Italy was one of the first European countries to open its domestic passenger market to competition. Andrea Giuricin, special advisor at NTV-Italo and CEO of TRA Consulting, tells Keith Barrow why he believes other European countries should now follow suit.
May 1, 2019
|
Central/South America
IDB to finance Uruguay’s Central Railway project
IDB Invest, the private sector arm of the Inter-American Development Bank (IDB), confirmed on April 30 that it has approved a financing package worth around $US 500m for Uruguay’s Central Railway Project.
May 1, 2019
|
Locomotives
MotivePower to overhaul MBTA diesel locomotives
THE Fiscal and Management Control Board of Massachusetts Bay Transportation Authority (MBTA) voted on April 29 to exercise an option with Wabtec subsidiary MotivePower (MPI) for the overhaul of 27 locomotives used on commuter rail services around Boston.
May 1, 2019
|
High-speed
Financing agreed for Chinese PPP high-speed project
CHINA’s first high-speed line to be built through a Public Private Partnership (PPP) has secured Yuan 28.1bn ($US 4.2bn) in financing from a group of Chinese banks.
May 1, 2019
|
Telecoms
Infrabel awards Kapsch telecoms upgrade contract
BELGIUM’s infrastructure manager Infrabel has awarded Kapsch CarrierCom a 15-year contract to migrate the network’s GSM-R and GPRS telecommunications technology to a next-generation platform, which includes providing compliance with ETCS Level 2.
May 1, 2019
|
Europe
Renfe first quarter ridership up 7.6%
RENFE carried 131 million passengers in the first quarter of 2019, a 7.6% increase compared with the corresponding period in 2018, according to ridership figures released by Spain’s national train operator on April 26.
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