Financial Archives - Page 2 of 241 - International Railway Journal

Financial

June 23, 2022 | Metros

Sydney Metro City and Southwest project exceeds budget by $US 3.5bn

The project was originally due to cost between $A 11.5bn and $A 12.5bn.

June 23, 2022 | Financial

Etihad Rail orders passenger fleet as construction continues north of Dubai

CAF will supply diesel trains with a top speed of 200km/h.

June 22, 2022 | Main line

Queensland to spend $US 2.4bn on rail projects

Investment in main line upgrades, light rail and rolling stock.

June 22, 2022 | Freight

Consultation launched for Brazil’s Nova Ferroeste project

1567km of new railway to be built at a cost of $US 6.98bn.

June 17, 2022 | Financial

Abellio reaches agreement to continue German services

Abellio will operate the Saale-Thuringia-South Harz Network (STS) until 2030, and the Saxony-Anhalt diesel network (Disa) until 2024.

June 17, 2022 | Financial

Wabtec acquires Arinc Rail Solutions

The Collins Aerospace subsidiary is a rail dispatch and back-office system provider.

June 16, 2022 | Metros

Panama Metro awards Line 1 extension track and catenary contract

The metro also renewed a maintenance contract for Line 2.

June 16, 2022 | Metros

South Australia to tear up Keolis Downer contract following election

The agreement was signed in 2020, but was opposed by the Labor Party which has since won the South Australian elections.

June 15, 2022 | Financial

Swiss government provides $US 1.3bn to promote urban mobility

The 32 projects are spread across the country.

June 15, 2022 | Financial

FirstGroup signs national rail contract for Great Western Railway

Replacement of diesel rolling stock to be developed.

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