Financial

THE Viamobilidade consortium, led by CCR Group, won an auction on January 19 for the 20-year concession for São Paulo metro Line 5-Lilac and monorail Line 17-Gold.
ITALY’s open-access high-speed operator Italo-NTV achieved a 24.8% jump in operating revenue in 2017 to €454.9m compared with €364.4m in 2016 partly due to a 15.3% in traffic from 11.1…
KNORR-Bremse announced on January 18 that its Knorr Bremse Nordic Rail Services subsidiary has signed an agreement to sell rolling stock maintenance and refurbishment specialist Swedtrac to Stadler Service Sweden.
ALSTOM reported sales of €5.5bn in the first nine months of the 2017-2018 financial year, including €1.8bn in the third quarter, an increase of 6% year-on-year.
BRITISH construction and facilities management company Carillion went into compulsory liquidation on January 15 following the failure of emergency talks with lenders and the government to avert the group’s collapse.
UNITED States freight railways transported 27,489,960 wagonloads and intermodal units in 2017, an increase of 3.4% compared with 2016.
CATERPILLAR subsidiary Progress Rail has acquired Italian signalling company ECM for an undisclosed sum. The transaction was officially completed on January 2 and ECM will become part of Progress Rail’s…
ALSTOM confirmed on January 3 that it has successfully concluded a three-year period of self-reporting obligations with the US Department of Justice (DOJ) following a global corruption scheme that was…
THE US Federal government has denied that any agreement was in place to help fund the $US 20bn Gateway programme to increase capacity on the Northeast Corridor.
NETHERLANDS Railways (NS) CEO Mr Roger van Boxtel says NS will once again bid for Dutch regional concessions following improvements in performance and a successful period of “cleaning up” following…
Start
Prev
1
Page 1 of 115

Get the latest rail news

Global news and analysis from IRJ, Railway Age and RT&S by email