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Financial
March 23, 2023
|
Main line
Bavaria and Tyrol tender Werdenfelds 2028+ operating contract
The 12-year contract covers the operation of 4.3 million train-km a year.
March 22, 2023
|
Infrastructure
Tunnelling work begins on Telese - Vitulano section of Naples - Bari HSL
Work involves track doubling, line and station upgrades, and four new stations.
March 20, 2023
|
Financial
Canada’s announces package to help the rail sector weather climate change
Funding for 20 projects to counter fire and flood risks, permafrost deterioration and landslides.
March 16, 2023
|
Metros
Services begin on Kuala Lumpur’s MRT Putrajaya Line Phase 2
Extension brings complete line length to 57.7km, built at a cost of $US 6.78bn.
March 16, 2023
|
Financial
Covid lockdowns add $NZ 1bn to cost of Auckland’s City Rail Link
The project has also been delayed until November 2025.
March 15, 2023
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News
North American Class 1 CPKC merger approved
The merger of Canadian Pacific and Kansas City Southern, the sixth and seventh largest Class 1s by revenue, was first proposed on March 21 2021.
March 15, 2023
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Financial
Palermo - Catania upgrade in Sicily boosted with €3.4bn funding package
The funding includes a new counter-guarantee instrument which has generated €1.3bn for the project.
March 14, 2023
|
Commuter Rail
Irish cabinet reaches agreement for Dart+ South West project
Dublin’s electrified high-frequency commuter network will be extended to stations in Kildare.
March 14, 2023
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Metros
Profit down 91% at MTR in 2022
Fifth wave of Covid-19 pandemic hits Hong Kong operator.
March 13, 2023
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Financial
Rail projects in line to receive United States federal funding
FTA has announced $US 4.45bn for transport projects in FY 2024 Budget Request to Congress.
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