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coronavirus
May 14, 2020
|
Policy
EU publishes guide for restoring transport services
THE European Union (EU) has published a 15-page set of guidelines for the gradual and safe restoration of transport services as coronavirus restrictions are lifted.
May 14, 2020
|
Financial
New Zealand allocates $NZ 1.2bn for rail development
THE New Zealand government has allocated in $NZ 1.2bn ($US 718m) to rail in its 2020 budget, which was released on May 14, as it looks to ease the effects of the deep recession brought on by the coronavirus pandemic.
May 13, 2020
|
Financial
UITP projects €40bn hit for European public transport in 2020
THE International Association of Public Transport (UITP) says initial data on the possible impact of the Covid-19 pandemic on public transport in Europe shows that operators are set to suffer a €40bn shortfall in farebox revenue by the end of 2020.
May 13, 2020
|
North America
OneRail asks US Congress for more Covid-19 support
THE US OneRail Coalition has written to Congress urging additional coronavirus emergency support for passenger operators and protection for rail workers.
May 12, 2020
|
Infrastructure
IAF Münster track event postponed until 2022
THE Association of German Railway Engineers (VDEI) has rescheduled the International Exhibition for Track Technology (IAF) until May 31-June 2 2022.
May 12, 2020
|
Financial
Alstom increases sales and Ebit despite drop in orders
ALSTOM achieved a 2% increase in sales to €8.2bn in 2019-20 and a 4% rise in adjusted Ebit to €630m despite an 18% fall in orders to €9.9bn.
May 8, 2020
|
Financial
ČD records strong 2019 result
CZECH Railways (ČD) recorded a profit of Koruna 1.3bn ($US 51.5m) in 2019, with all sectors of the group contributing to the positive result.
May 6, 2020
|
Policy
SCI Verkehr forecasts huge drop in 2020 European passenger rail traffic
RAIL market analysis specialist SCI Verkehr has published an assessment of the impact of the coronavirus pandemic on European rail traffic, which predicts a 30-50% drop in passenger traffic for 2020 and a slow recovery.
May 5, 2020
|
Main line
Chinese passenger rail hit hard by coronavirus pandemic
CHINA National Railway (CR) made a loss of Yuan 611.8bn ($US 86.6bn) in the first quarter of 2020 due to a huge drop in passenger traffic as a result of the coronavirus pandemic.
May 5, 2020
|
Policy
Mofair questions government funding for DB Long Distance
GERMAN pressure group Mofair is calling for fair government treatment of all train operators and complete transparency in providing extra funding for German Rail (DB).
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