COSAN Logistics has been granted approval by Brazil's anti-trust regulator Cade to proceed with a takeover of the country's largest railway operator Latin American Logistics (ALL) through its Rumo Logistics subsidiary, which is expected to create a logistics company worth Reais 11bn ($US 3.85bn).

SPANISH rolling stock manufacturer Talgo has selected JP Morgan, Santander, and Nomura as banking advisors to evaluate the possibility of launching an initial public offering on the Madrid stock exchange, which is provisionally valued at €400-500m.

PASSENGER numbers on the German rail network reached their highest recorded level in 2014, according to annual figures published on February 12 by the German Federal Statistical Office (Destatis).

LEIPZIG has become the third German city to order Tramino low-floor LRVs from Polish manufacturer Solaris.

THE board of Ile-de-France transport authority Stif has approved a €1.5bn investment in new rolling stock for the Paris region, including 72 metro trains and 29 suburban EMUs, which will be 100%-funded by the authority.

VIVARAIL, Britain, has awarded Strukton Rail a contract to supply traction and onboard equipment for the type D78 metro trains it recently purchased from London Underground and which it plans to convert to DMUs for heavy rail operation.

THE Danish government has approved an amendment to the law permitting the construction of Copenhagen's Cityringen circle metro line to allow the construction of the Sydhavn branch line.

MEXICO City Public Transport System (STC) has confirmed that tenders for the extension of Mexico City's Metro Line A and Line 12 will be announced during the first half of this year.

STOCKHOLM County Council launched public consultation on February 9 on plans to construct two extensions to the metro Blue Line, which would serve the city's growing southern suburbs.

DEFYING years of opposition from state and county officials, as well as resistance from some of its own members, Milwaukee Common Council approved the construction of a light rail in the city centre on February 10.