MASSACHUSETTS Bay Transportation Authority (MBTA) has issued requests for proposals to replace the 44-year old trains on its Red Line and the 32-year old cars on its Orange Line at a cost of around $US 1.3bn.
THE vice-president of the European Investment Bank (EIB) Mr László Baranyay signed a €152m 25-year loan agreement with Ukrainian finance minister Mr Yurij Kolobov in Luxembourg on October 25, which will be used to finance the extension of the Dnepropetrovsk metro.
JUST over a year after his hedge fund Pershing Square won its battle to oust the board of Canadian Pacific (CP) and install a new management team, billionaire investor Mr William Ackman announced on October 24 that he has sold around 5.9 million shares in the railway, roughly $US 800m of his investment.
THE FIRST of 10 Stadler Flirt emus for Györ-Sopron-Ebenfurth Railway (GySEV) was delivered to Stadler's Hungarian maintenance centre at Pusztaszabolcs on October 20 for commissioning.
BRITAIN's Department for Transport (DfT) has issued an invitation for operators to qualify to bid for the InterCity East Coast franchise, which will be let for eight or nine years with a possible two-year extension at the DfT's discretion.
PLASSER & Theurer exhibited a new Unimat 09-4x4/4S Dynamic universal tamping machine at an open day held on October 23 at Plasser UK's maintenance depot in West London. The machine will be operated by SB Rail, Britain.
SERCO is to continue operating and maintaining the 75km Dubai metro network until at least September 2019 after signing a five-year contract extension with Dubai Roads and Transport Authority (RTA).
NORWEGIAN State Railways (NSB) experienced a record increase in ridership in the first eight months of 2013, with passenger numbers rising 8.4% compared with the corresponding period in 2012.
German Rail (DB) has issued an invitation to tender in the Official Journal of the European Union on behalf of its long-distance subsidiary for a contract to supply between seven and 10 new diesel locomotives.
TENDERING is underway for four design-build contracts for civil works on the Fehmarnbelt Fixed Link, which will provide a double-track railway and four-lane highway connection between Puttgarden, Germany, and Rødbyhavn in Denmark.
