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India scraps separate railway budget AFTER 92 years, India's cabinet decided on September 21 to abandon the British era legacy of annually presenting a separate railway budget in parliament.
india-scraps-separate-railway-budget
AFTER 92 years, India's cabinet decided on September 21 to abandon the British era legacy of annually presenting a separate railway budget in parliament. The decision has revived speculation that the government of prime minister Mr...
rising-traffic-boosts-sbb-first-half-revenues
INCREASING passenger and freight traffic helped boost Swiss Federal Railways’ (SBB) first half by 2.4% to SFr 4.36bn ($US 4.48bn), according to the company’s latest financial results, which were published on September 13. Net losses increased...
japan-sets-$us-38bn-target-price-for-jr-kyushu-ipo
THE Japanese government is seeking to raise up to Yen 392bn ($US 3.8bn) from the forthcoming privatisation of Kyushu Railway Company (JR Kyushu), according to a statement issued by the Ministry of Finance on September...
alstom-to-end-production-at-belfort-plant
AFTER several months of speculation over the future of its Belfort facility, Alstom confirmed on September 7 that production will cease at the plant in 2018. Belfort specialises in the production of locomotives and TGV power...
crowdfunding-kick-starts-german-open-access-service
Tickets for Germany’s first crowdfunded train service go on sale at the end of this month following a successful online campaign to finance the venture. Locomore managing director Derek Ladewig explains to Keith Barrow how...
db-plans-to-attract-50-million-more-passengers-by-2030
GermanRail’s (DB) long distance passenger division has drawn up a strategy to attract 50 million more passengers annually by 2030 in the face of rapidly growing competition from long distance buses and carpooling. Keith Fender...
db-starts-to-recover-after-a-difficult-2015
With German Rail’s (DB) disastrous performance in 2015 now behind it and a strong increase in Ebit during the first half of 2016, CEO Dr Rüdiger Grube says he is confident DB will meet its...
global-rail-market-growth-set-to-slow
SCI Verkehr predicts a reduction in the rate of growth from 3.2% in 2014 to 2.3% up to 2020 in its latest analysis of the €169bn global railway market, which is published in time for...
Vossloh is nearing the conclusion of its transition from a broad rail solutions provider to a supplier focused on infrastructure. Executive board member Volker Schenk outlines the changes that have taken place in the past...
rail-market-remains-steadfast-in-turbulent-times
THE global rail market continues to demonstrate its resilience to economic shocks and turbulence, and while the rate of growth may have slowed a little, the market is still growing at a respectable 2.3% according...