Financial

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…
BIDS have been invited by May 9 2018 for the operation of Network 7b of the EBO regional rail network in the Karlsruhe area of Germany. The tender is split…
THE board of Belgium’s infrastructure manger Infrabel has approved additional investment of €1.15bn for the period 2018-2031 on top of the €4.3bn in the 2017-2020 plan which will enable the…
8
Page 8 of 122

Get the latest rail news

IRJ Rail Brief newsletter covers global railway news