News - Page 829 of 2057 - International Railway Journal

News

April 24, 2020 | Financial

Keolis reports 11% revenue jump

KEOLIS recorded a 10.9% increase in revenue last year, up from €5.93m in 2018 to €6.58bn in 2019.

April 24, 2020 | High-speed

Covid-19 delays Avlo launch indefinitely

SPANISH national operator Renfe has deferred the launch of its low-cost high-speed Avlo service indefinitely.

April 24, 2020 | Australia/NZ

Adani awards second contract for Queensland coal line

ADANI Australia, the developer of the controversial Carmichael coal mine in northern Queensland, has awarded a $A 220m ($US 140m) construction contract to Martinus Rail for its 200km 1067mm-gauge coal railway linking the mine to Abbott Point port.

April 24, 2020 | Financial

Czech Railways reportedly in talks over Leo Express acquisition

CZECH Railways (ČD) is reportedly in talks regarding a potential takeover of private open-access passenger operator and market rival Leo Express.

April 24, 2020 | Financial

CSX sets new operating ratio record in first quarter

CSX set a Class 1 railway first-quarter operating ratio record of 58.7%, improving 80 basis points from its 59.5% operating ratio in the first quarter of 2019.

April 23, 2020 | Fleet

Sacramento purchases locally-made Siemens LRVs

SACRAMENTO Regional Transit District (SacRT) has awarded a contract to Siemens for 20 low-floor LRVs, the first new vehicles it has bought in around 20 years.

April 23, 2020 | Infrastructure

São Paulo to invest $US 10.8bn to expand urban rail and bus network

THE governor of São Paulo, Mr João Doria, has approved investment of Reais 58.8bn ($US 10.8bn) to expand the rail and bus rapid transit networks in São Paulo by 2023.

April 23, 2020 | Technology

Alstom Hesop energy converter launched on Hamburg U-Bahn

COMMERICAL service has stared with Alstom’s Hesop energy converter system which has been installed on Line U2 of the Hamburger Hochbahn U-Bahn network in Hamburg, Germany.

April 23, 2020 | Financial

CP sets first quarter operating ratio and revenue records

CANADIAN Pacific Railway (CP) set records for operating ratio and revenue in the first quarter of 2020, and will continue to invest in anticipation of an economic recovery, rather than increase its shareholder dividend and buy back shares - a strategy at least one Wall Street analyst is calling “noteworthy, prudent and logical.”

April 22, 2020 | Freight

SNCF Network sets up system to keep rail freight flowing

FRENCH infrastructure manager SNCF Network has set up an organisation to maintain rail freight services, in particular the transport of essential goods, despite the coronavirus pandemic.

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