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News
January 21, 2019
|
Financial
Lithuanian Railways revenue up 12.5% in 2018
LITHUANIAN Railways (LG) recorded an improvement across all key performance indicators in 2018, with an increase in freight and passenger numbers resulting in a 12.5% rise in revenue.
January 21, 2019
|
Financial
RailRunner Europe files for insolvency
INTERMODAL operator RailRunner Europe announced on January 19 that it has filed for insolvency in Hamburg’s bankruptcy court, which initiated preliminary insolvency proceedings on January 18 and appointed a preliminary insolvency administrator.
January 21, 2019
|
Fleet
Pakistan Railways issues tender for 230 coaches
PAKISTAN Railways (PR) has issued an international tender for 230 long-distance passenger coaches.
January 18, 2019
|
Main line
Study to plan reopening of Berlin-Wilhelmsruh - Basdorf line
THE German states of Berlin and Brandenburg, along with regional transport authority VBB and train operator and infrastructure manager Niederbarnimer Railway (NEB), have agreed to re-open the line from Berlin-Wilhelmsruh north to Schönwalde and Basdorf to passenger trains by December 2023.
January 18, 2019
|
Fleet
Belarus Railways orders more Stadler Flirt EMUs
BELARUS Railways (BC) and Stadler signed a contract on January 17 for the delivery of 10 Flirt EMUs for inter-regional services, with the first trains due to be put into operation from 2020.
January 18, 2019
|
Infrastructure
Russian Railways signs MoU with Serbia for Belgrade - Budapest works
RUSSIAN Railways (RZD) has signed a memorandum of understanding (MOR) with the Serbian government to assist with the engineering and construction of the country’s railway infrastructure.
January 18, 2019
|
Locomotives
DB signs second framework contract for 100 Siemens Vectron locomotives
DB Cargo and Siemens Mobility have signed a framework agreement for 100 multisystem locomotives, including an initial call for 40 Vectron MS locomotives, with deliveries due to begin in February and be completed by 2020.
January 18, 2019
|
Europe
DB sets five-point strategy for 2019
THE CEO of German Rail (DB) Mr Richard Lutz and his board presented a five-point plan highlighting the company's priorities in 2019 to the German Federal transport minister, Mr Andreas Scheuer, on January 17.
January 18, 2019
|
Europe
Spain to ramp up rail spending in 2019
SPAIN’s minister of public works Mr José Luis Ábalos unveiled details of the Ministry of Development’s €9.97bn 2019 budget on January 14, confirming a significant increase in public spending in the rail sector.
January 17, 2019
|
Financial
Voith and Pilotfish announce strategic partnership
VOITH and Pilotfish, a Swedish cloud-based applications provider for public transport, announced a strategic partnership on January 17, with Voith acquiring a 56% stake in Pilotfish and consolidating the company.
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