News - Page 942 of 2057 - International Railway Journal

News

August 7, 2019 | Main line

Jakarta - Surabaya line closer to reality

THE Indonesian government is reportedly due to sign a memorandum of understanding (MoU) later this year with the Japan International Cooperation Agency (Jica), which will allow construction on the Jakarta - Surabaya line to begin.

August 7, 2019 | Financial

VTB Bank acquires majority stake in Rustranscom

VTB Bank, Russia, has reached an agreement with the shareholders of Russian freight operator Rustranscom (RTC) to acquire a 50% plus one share stake in RTC Group.

August 7, 2019 | Financial

DB selects Amsterdam for possible Arriva IPO

GERMAN Rail (DB) has reportedly selected the Euronext stock exchange in Amsterdam as a prospective listing venue for its Arriva public transport operations business if the planned sale of the unit, which is due to start this week, does not meet expectations.

August 7, 2019 | Freight

Norway announces rail freight support scheme

THE Norwegian Ministry of Transport and Communications has announced the launch of a temporary scheme designed to strengthen the competitiveness of the rail network pending the introduction of the freight package in the 2018 - 2029 National Transport Plan.

August 7, 2019 | Main line

Strong growth for PKP Intercity in half-year figures

PKP Intercity carried 22.8 million passengers in the first half of 2019, 1.3 million or 6% more than the same period last year, making it the Polish long-distance operator’s best first six months in a decade.

August 7, 2019 | Fleet

Netherlands Railways orders 18 ICNGB EMUs

NETHERLANDS Railways (NS) has activated an option for 18 eight-car Intercity New Generation (ICNG) 200 km/h EMUs in addition to the 79 ordered and under delivery from Alstom. The new order is worth €200m.

August 7, 2019 | Commuter Rail

Southeastern franchise bid cancelled

BRITAIN’s Department for Transport (DfT) has cancelled the competition to operate the Southeastern franchise and awarded incumbent operator Go-Ahead Southeastern a direct-award contract extension that will run until April 2020.

August 6, 2019 | Commuter Rail

Gospel Oak - Barking line services fully electric

SERVICES over London Overground’s Gospel Oak - Barking line are now exclusively operated by four-car class 710 Aventra EMUs after the legacy two-car DMUs were phased out. One month free travel will be offered between August 31 and October 1 as compensation for the late delivery of the new fleet.

August 6, 2019 | Financial

Mixed bag for Adif in half-yearly results

SPANISH infrastructure managers Adif and Adif High Speed (Adif AV) recorded a combined Ebitda of €130.43m in the first half of 2019, a 10% decrease compared with the same period last year caused by measures taken to improve services across the Spanish network.

August 6, 2019 | Infrastructure

PTC installation 90% complete in United States

SPEAKING at a hearing of the US Senate Commerce, Science and Transportation Committee, Federal Railroad Administration chief, Mr Ronald Batory, said Positive Train Control (PTC) has been installed on 90% of required track.

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