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Vossloh struggles amidst restructuring VOSSLOH's nine month results show the effects of a continuing restructuring and realignment process at the company with revenues increasing only slightly to €967.7m compared with €958.5m the previous year, and Ebit falling to a negative €150.4m, from €34.6m in 2013.
vossloh-struggles-amidst-restructuring
VOSSLOH's nine month results show the effects of a continuing restructuring and realignment process at the company with revenues increasing only slightly to €967.7m compared with €958.5m the previous year, and Ebit falling to a...
schleswig-holstein-tenders-west-network
THE regional public transport authority of Schleswig-Holstein has published a tender in the Official Journal of the European Union for a concession to operate the northern German state's West network, which includes the 237km Hamburg-Altona...
another-record-year-for-amtrak
AMTRAK announced its annual results on October 27 for its 2014 financial year, which ended on September 30, revealing revenues from ticket sales have once again reached a record high, climbing 4% compared with 2013...
eurotunnel-third-quarter-revenues-rise-7
OVERALL revenues from Channel Tunnel operator Eurotunnel's rail and cross-Channel ferry activities increased by 7% to €343.9m in the third quarter of 2014 from €321.2m in the third quarter of 2013. Revenue for Eurotunnel's shuttle...
cp-and-csx-halt-merger-talks
CANADIAN Pacific Railway (CP) announced on October 20 that it has terminated exploratory discussions with CSX Corporation on a potential merger which would have created North America's largest freight railway. In a statement CP says it...
ktmb-aims-for-profit-in-2015
MALAYAN Railway Corporation (KTMB) is considering measures to reduce its mounting losses and reliance on government subsidies, which could include discontinuing services on unprofitable routes, introducing higher tariffs for railfreight services and increasing passenger ticket...
cnr-and-hitachi-shortlisted-for-ansaldo-sale
FINMECCANICA CEO Mr Mauro Moretti confirmed to a hearing of the industry committee of the Italian Senate on October 14 that the company has shortlisted CNR and Hitachi for the acquisition of its rail assets. Moretti...
russia-and-china-agree-to-cooperate-on-high-speed
CHINA's premier Mr Li Keqiang and Russian prime minister Mr Dimitry Medvedev have overseen the signing of a memorandum of understanding between the two countries for Russia's proposed Moscow - Kazan high-speed project, which could...
british-rosco-porterbrook-changes-hands
A consortium of infrastructure investors has acquired Porterbrook Rail Finance, one of the three original rolling stock leasing companies (Roscos) set up in 1994 as part of the privatisation of British Rail. The consortium comprises...
metra-announces-$us-24-fleet-modernisation-plan
CHICAGO commuter operator Metra has announced that it will replace its ageing coaches and locomotives through a $US 2.4bn phased purchasing programme, the first long-term rolling stock plan in the history of the operator. The programme...