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Argentine president signs rail renationalisation bill LEGISLATION to renationalise Argentina's railways become law on May 20 when President Mrs Christina Fernandez de Kirchner signed a bill reviving Argentinean Railways (FA) as a state company.
mexico-compensates-china-for-cancelled-hs-project
MEXICO's Federal Secretariat of Communications and Transport (SCT) has agreed to pay $US 1.3m in damages to China Railway Construction Corporation (CRCC) for costs incurred in bidding for the cancelled Mexico City – Queretaro high-speed...
argentine-president-signs-rail-renationalisation-bill
LEGISLATION to renationalise Argentina's railways become law on May 20 when President Mrs Christina Fernandez de Kirchner signed a bill reviving Argentinean Railways (FA) as a state company. In a ceremony at Buenos Aires Retiro station,...
spanish-brazilian-consortium-to-build-panama-metro-line-2
THE government of Panama announced on May 14 that it has selected Consorcio Linea 2, a consortium of Constructora Norberto Odebrecht, Brazil, and FCC Construcciones, Spain, to build the second metro line in Panama City. The...
atacama-railway-under-threat-after-flood-damage
TORRENTIAL rains in the Andean foothills in Chile´s Atacama region might put an end to rail transport on the 155km line from the copper smelter at Potrerillos, 2880m above sea level, down to the wharf...
first-lrv-for-cuenca-complete
ALSTOM has completed manufacturing of the first Citadis LRV for the Ecuadorian city of Cuenca at its plant in La Rochelle. The vehicle is currently in transit and is expected to arrive in Ecuador's third...
peru-chile-rail-link-to-reopen-in-july
REHABILITATION is underway of the 62km line linking Tacna in southern Perú, with Arica in northern Chile, and the passenger service should be restored in July with two round trips per day using a refurbished...
rumo-all-sets-out-$us-25bn-investment-strategy
RUMO ALL, the company formed in February following the takeover of Latin American Logistics (ALL) by Rumo Logistics, a subsidiary of Cosan Logistics, has unveiled a long-term investment strategy which emphasises modernising the Brazilian railfreight...
greenbrier-buys-stake-in-amsted-maxion-hortolândia
THE Greenbrier Companies has completed its acquisition of a 19.5% stake in Brazilian wagon manufacturer Amsted-Maxion Hortolândia for $US 15m. Amsted-Maxion Hortolândia will use the investment to pay down outstanding debt and position the company for...
brasilia-agrees-loan-for-new-metro-trains
THE Economic, Budget and Finance committee of the Legislative Council of the federal district of Brasilia has approved a bill allowing the local government to proceed with a Reais 737.1m ($US 241.1m) loan agreement to...
buenos-aires-to-issue-tender-for-metro-line-f
BUENOS Aires metro authority Sbase president Mr Juan Pablo Piccardo has announced that the authority is set to launch a tender this year to construct the first stage of metro Line F from Constitution Plaza...