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NS fined €41m for Limburg irregularities; set to appeal THE Dutch anti-monopoly office, ACM, has issued a €41m fine to Netherlands Railways (NS) for abusing its economic position in the public transport market in a tender for regional operations in the Province of Limburg.
indian-cabinet-approves-new-metro-policy
ACCORDING to a new metro policy endorsed by India’s union cabinet on August 16, the government will only approve or fund metro projects after state governments have firmed up public-private partnership (PPP) agreements and last...
transdev-acquires-dsb-sweden-subsidiary
DANISH State Railways (DSB) announced on August 10 that DSB Sweden has sold its DSB Uppland subsidiary to Transdev Sweden for an undisclosed sum. DSB Uppland operates Upptåget regional services from Uppsala to Gävle and Sala...
jacobs-engineering-to-acquire-ch2m
JACOBS Engineering Group announced on August 2 that it has entered a definitive agreement with CH2M to acquire all of the company’s outstanding shares in a cash-and-stock transaction with an enterprise value of $US 3.27bn,...
us-to-seek-private-investment-in-public-transport
THE US federal government has unveiled new proposals which it hopes will spur private investment in public transport. The Federal Transit Administration (FTA) says the proposed Private Investment Project Procedure (Pipp) for public transport capital projects...
us-light-rail-funding-the-tiger-loses-its-stripes
US president Donald Trump’s budget proposal for the 2018 financial year made grim reading for transit advocates, with plans to scrap popular federal funding programmes for public transport projects.Jonny Dearden, market researcher for IRJ Pro,...
sncf-moves-into-profit-in-first-half-of-2017
FRENCH National Railways (SNCF) has turned a 2016 first half loss of €159m into a profit of €119m for the first half of 2017 thanks to a 3.7% increase in first half turnover, which rose...
ec-approves-funding-for-rail-baltica
THE European Commission (EC) decided on July 25 to allocate €110.5m to the Rail Baltica project, and also confirmed that funding agreements would be signed by the end of November. Of the funding, Lithuania will receive...
revenue-growth-slows-at-bombardier-transportation
ANNOUNCING its latest financial results, Bombardier Transportation reported second-quarter growth of just 1% to $US 1.975bn compared with first-half growth of 2% to $US 3.9bn. However, order intake grew by 29% in the second quarter...
ge-to-end-locomotive-production-at-erie-plant
GE Transportation announced on July 27 that locomotive production will cease at its plant in Erie, Pennsylvania, at the end of next year with the loss of 575 jobs. The company said in a statement that...
consolidation-lifts-vossloh-sales
GERMAN company Vossloh’s second quarter results of 2017 show that net sales rose by 16.7% to €492.2m after six months compared with the previous year, while the group’s Ebit rose by 37.1% to €26.6m for...

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