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Rail benefits from New South Wales budget THE New South Wales (NSW) state government has allocated funding for rail projects in its 2015-16 budget as part of its plan to increase infrastructure spending, with $A 38bn ($US 29.3bn) allocated over the next four years to roads and transport.
saudi-arabia-encourages-localisation-for-rail-suppliers
THE Saudi Arabian General Investment Authority (Sagia) and the metro authorities from the cities of Jeddah and Mecca are in the final stages of producing a joint request for proposals (RFP) for the Mecca and...
strukton-purchases-ns-short-line-subsidiary
NETHERLANDS Railways (NS) has reached an agreement with Strukton Rail to acquire its subsidiary NS Spooraansluitingen (NSS), which owns and operates lines between the Dutch national railway network and private sidings. NSS manages 130km of track...
rhenus-acquires-stake-in-austrian-freight-operator
RHENUS Logistics, Germany, confirmed on July 2 that it has signed an agreement with Austria's Graz-Köflach Railway (GKB) to acquire a 50% stake in open-access railfreight operator LTE Logistics and Transport for an undisclosed sum. The...
brookfield-makes-$a-88bn-bid-for-asciano
ASCIANO, the parent company of one of Australia's largest railfreight operators Pacific National (PN), confirmed on July 1 that it has been approached by Canada's Brookfield Asset Management in a $A 8.8bn ($US 6.8bn) takeover...
prorail-accused-of-violating-tendering-laws
THE Dutch secretary of state for infrastructure Mrs Wilma Mansveld, who is responsible for railway affairs, informed parliament on June 25 of irregularities by the national infrastructure manager Prorail in the awarding of track maintenance...
new-network-rail-chairman-to-review-troubled-investment-plan
SIR Peter Hendy, London's transport commissioner, has been appointed chairman of Network Rail (NR) and told to review its five-year £38bn investment programme which is running over budget with some projects delayed. Britain's secretary of state...
indian-government-confirms-costs-and-funding-for-dfcs
THE Indian government's Cabinet Committee on Economic Affairs, chaired by the prime minister Mr Narendra Modi, has approved a revised cost estimate for the Eastern and Western Dedicated Freight Corridor (DFC) projects of Rs. 814.6bn...
rail-benefits-from-new-south-wales-budget
THE New South Wales (NSW) state government has allocated funding for rail projects in its 2015-16 budget as part of its plan to increase infrastructure spending, with $A 38bn ($US 29.3bn) allocated over the next...
beg-invites-bids-for-nuremberg-diesel-network-concession
BAVARIAN Railway Company (BEG), which is responsible for planning and financing regional and S-Bahn rail services in Bavaria, invites bids by October for a concession to operate the Nuremberg diesel rail network from June 2019...
transnet-agrees-further-loans-for-new-locos
TRANSNET, South Africa, has agreed a Rand 2.8bn ($US 230m) 15-year loan with Germany's KfW Development Bank to partially fund the purchase of 240 electric locomotives from Bombardier as part of its record Rand 40bn...