SWISS freight operator BLS Cargo has confirmed an order for 15 new Siemens Vectron locomotives for use on the Rhine-Alpine corridor between Rotterdam and Melzo in northern Italy.

LEIPZIG City Transport (LVB) has awarded Solaris a framework contract for the supply of up to 41 Tramino LRVs for the city's 1458mm-gauge light rail network.

SWISS Federal Railways (SBB) increased its group net profit by 56.6% in 2014 to SFr 373m ($US 259.6m) with growth in all sectors.

THE European Commission has pledged €136m in matching funding from its Cohesion Fund for the development of the standard-gauge freight line from the Portuguese port of Sines to the border town of Elvas.

GENESEE & Wyoming (G&W) confirmed on March 25 that it has completed the £492m acquisition of approximately 94% of Freightliner Group, Britain, from Arcapita and other shareholders, plus approximately £19m of net debt and capitalised leases.

SAUDI Railways Organisation (SRO) has awarded a Riyals 160.2m ($US 42.7m) contract to China Railway Construction Corporation (CRCC) for the second phase of a project to upgrade the track on the freight line linking Riyadh, Harad and Dammam.

PHILIPPINE state-owned Bases Conversion and Development Authority (BCDA) plans to issue a tender this year to establish a joint-venture company with a private partner to implement the Clark Rail project, an 82km section of the North-South commuter Railway (NSCR) to serve Manila.

SIEMENS has officially been awarded a €1.7bn contract by Rhine-Ruhr Transport Authority (VRR) to supply 82 Desiro High Capacity (HC) EMUs for the Rhine-Ruhr Express (RRX) network and maintain the fleet for 32 years.

DESPITE recording a 1.8% increase in group sales in 2014 to €1.32bn, Vossloh reported a negative Ebit of €171.6m as the company's restructuring plan continues to impact its performance.

NEW doubts over the economic feasibility a new high-speed railway test centre in southern Spain have surfaced after the European Commission (EC) launched an in-depth investigation to determine if the €359m project violates European Union state aid rules.