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EC casts doubt over Spanish test centre NEW doubts over the economic feasibility a new high-speed railway test centre in southern Spain have surfaced after the European Commission (EC) launched an in-depth investigation to determine if the €359m project violates European Union state aid rules.
bls-orders-15-siemens-vectron-locos
SWISS freight operator BLS Cargo has confirmed an order for 15 new Siemens Vectron locomotives for use on the Rhine-Alpine corridor between Rotterdam and Melzo in northern Italy. The locomotives will be delivered in three phases...
leipzig-orders-solaris-lrvs
LEIPZIG City Transport (LVB) has awarded Solaris a framework contract for the supply of up to 41 Tramino LRVs for the city's 1458mm-gauge light rail network. The deal includes a firm order for five LRVs and...
property-sales-boost-sbb-profits-in-2014
SWISS Federal Railways (SBB) increased its group net profit by 56.6% in 2014 to SFr 373m ($US 259.6m) with growth in all sectors. However, this impressive increase was mainly due to a 55% rise in...
ec-funds-portugal-–-spain-freight-line
THE European Commission has pledged €136m in matching funding from its Cohesion Fund for the development of the standard-gauge freight line from the Portuguese port of Sines to the border town of Elvas. The total cost...
gw-completes-freightliner-acquisition
GENESEE & Wyoming (G&W) confirmed on March 25 that it has completed the £492m acquisition of approximately 94% of Freightliner Group, Britain, from Arcapita and other shareholders, plus approximately £19m of net debt and capitalised...
siemens-confirmed-as-rhine-ruhr-express-supplier
SIEMENS has officially been awarded a €1.7bn contract by Rhine-Ruhr Transport Authority (VRR) to supply 82 Desiro High Capacity (HC) EMUs for the Rhine-Ruhr Express (RRX) network and maintain the fleet for 32 years. VRR announced...
vossloh-restructuring-hits-2014-results
DESPITE recording a 1.8% increase in group sales in 2014 to €1.32bn, Vossloh reported a negative Ebit of €171.6m as the company's restructuring plan continues to impact its performance. A comprehensive company status appraisal, which was...
ec-expresses-doubts-over-spanish-test-centre
NEW doubts over the economic feasibility a new high-speed railway test centre in southern Spain have surfaced after the European Commission (EC) launched an in-depth investigation to determine if the €359m project violates European Union...
network-rail-awards-heathrow-link-design-contract
BRITAIN's infrastructure manager Network Rail (NR) has awarded a contract to Jacobs Engineering Group, United States, for surveying work and design for a new western rail link to London's Heathrow Airport. The new 5km double-track...
ns-to-abandon-irish-train-leasing-subsidiary
DUTCH Minister of Finance, Mr Jeroen Dijsselbloem, has informed the Dutch Parliament that Netherlands Railways (NS) will stop ordering trains through its Irish leasing subsidiary NS Financial Services Company which will be wound down. About...