News - Page 1015 of 2057 - International Railway Journal

News

March 8, 2019 | Locomotives

TX Logistik to lease Smartrons from Northrail

PARIBUS Group locomotive leasing subsidiary Northrail has signed an agreement with German rail freight operator TX Logistik for the lease of three Siemens Smartron electric locomotives.

March 8, 2019 | Light Rail

Durham-Orange LRT project in doubt as university withdraws support

NORTH Carolina’s Research Triangle Regional Public Transportation Authority (GoTriangle) is considering the future of the Durham-Orange LRT project after Duke University announced it would not sign a cooperative agreement needed for the light rail project to proceed.

March 8, 2019 | Financial

MTR reports slight drop in revenue and profit

HONG Kong-based operator MTR Corporation recorded a 2.7% drop in revenue in 2018, down from $HK 55.4bn ($US 7bn) to $HK 53.9bn, resulting in a 4.3% decrease in profit from $HK 16.8bn to $HK 16.1bn. The decrease in overall revenue was mainly caused by a sharp fall in revenue from MTR’s mainland China property development business, which dropped from $HK 6.9bn to $HK 60m.

March 8, 2019 | Main line

Details of British May timetable change released

BRITAIN’s train operators have confirmed the details of the summer 2019 timetable change, with more than 1000 extra services due to come into effect from May 19.

March 8, 2019 | Infrastructure

SBB awards Smartrail 4.0 consulting contract to Pöyry

SWISS Federal Railways (SBB) has awarded a contract to Pöyry to provide technical consulting services including RAM management for Switzerland’s Smartrail 4.0 project.

March 8, 2019 | Fleet

Regiojet orders Pesa EMUs for Czech regional services

THE owner and CEO of Czech passenger operator Regiojet, Mr Raadim Jancura, and CEO of Polish rolling stock supplier Pesa Bydgoszcz Mr Krzystof Sedzikowski signed a €19.5m contract in Prague on March 7 for seven EMUs for regional services in the Ústí nad Labem area of Northern Bohemia.

March 7, 2019 | Infrastructure

Network Rail targets private investment

BRITISH infrastructure manager Network Rail (NR) has introduced a range of measures it says will make investment from the private sector and other organisations easier and more commercially attractive.

March 7, 2019 | Financial

BLS Cargo takes over Crossrail

SWISS freight operator BLS Cargo has signed an agreement to acquire 100% of the Belgian freight operator Crossrail from the international logistics service provider Rhenus. The deal, which was signed on March 5, has been backdated to January 1, and is subject to approval by the competition authorities. The purchase price has not been revealed.

March 7, 2019 | Financial

Knorr-Bremse rail division reports strong growth

THE Rail Vehicle Systems (RVS) division of Knorr-Bremse achieved a 6.2% increase in revenue and an 8.5% improvement in Ebitda last year, according to preliminary results for 2018 released on March 7.

March 7, 2019 | Fare collection

Singapore to launch contactless bank card ticketing system

SINGAPORE’s Land Transport Authority (LTA) will launch SimplyGo, a contactless bank card based ticketing, on April 4 following a successful pilot of the system launched in March 2017.

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