THE board of Italian open-access high-speed operator NTV appointed Mr Flavio Cattaneo as its new CEO on February 26, and also approved new strategic and business plans for the company.
TRANSNET, South Africa, announced on March 2 that it has concluded financing for a Rand 50bn ($US 4.3bn) investment in 1064 new locomotives for its Transnet Freight Rail subsidiary, which were ordered from four manufacturers last March.
ROLLING stock leasing company Eversholt Rail Group announced on March 2 that it has reached an agreement to sell its entire fleet of freight wagons to the British subsidiary of Paris-based wagon leasing company Nacco for an undisclosed sum.
CAF has reported a net profit of €80.5m for 2014, with 82% of its €1.44bn net turnover coming from international sales.
GENESEE & Wyoming (G&W) announced on February 24 that it has agreed to acquire a 95% stake in Britain's Freightliner Group from Arcapita and other shareholders for $US 755m in cash.
HITACHI announced on February 24 that it has reached a binding agreement with the board of Finmeccanica to acquire all of the shares in AnsaldoBreda and the Italian conglomerate's 40% stake in Ansaldo STS.
RIFT Valley Railways (RVR), which holds A 25-year concession to operate the Kenya-Uganda railway, has asked the Kenyan High to stop the government from charging it the mandatory monthly fuel levy.
SALES at Eurostar increased by 1% in 2014 to £867m following a 3% increase in passengers to 10.4 million on its services from Britain to continental Europe.
AUSTRALIAN railfreight operator Aurizon has increased net profit by 188% to $A 308m ($US 240m) for the first half of the 2014-15 financial year ending December 31 2014, compared with the first half of 2013-14, despite a decline in traffic.
NETHERLANDS Railways (NS) says it is seeking to improve its financial performance this year after returning to profit in 2014.