FOUR Indonesian banks have agreed to lend the country's national railway PT Kereta Api Rupiahs 2.38 trillion ($US 195.5m) to help increase capacity on the Jabodetabek commuter rail network serving Jakarta and neighbouring cities.
THE Metropolitan Council of Bordeaux (CUB) has voted unanimously to renew Keolis's contract to operate the city's public transport network for a further eight years from January 1.
ITALIAN open-access high-speed operator NTV says it is likely to lay off up to 248 staff – a quarter of its workforce – as part of a major restructuring plan for the company, which was presented to trade unions on October 30.
VOSSLOH's nine month results show the effects of a continuing restructuring and realignment process at the company with revenues increasing only slightly to €967.7m compared with €958.5m the previous year, and Ebit falling to a negative €150.4m, from €34.6m in 2013.
THE regional public transport authority of Schleswig-Holstein has published a tender in the Official Journal of the European Union for a concession to operate the northern German state's West network, which includes the 237km Hamburg-Altona - Westerland Marsh Railway service to the island of Sylt, from 2016 to 2025.
AMTRAK announced its annual results on October 27 for its 2014 financial year, which ended on September 30, revealing revenues from ticket sales have once again reached a record high, climbing 4% compared with 2013 to reach to $US 2.19bn.
OVERALL revenues from Channel Tunnel operator Eurotunnel's rail and cross-Channel ferry activities increased by 7% to €343.9m in the third quarter of 2014 from €321.2m in the third quarter of 2013.
WITH the 20th anniversary of the start of Eurostar high-speed cross-channel services between Britain and mainland Europe approaching next month, the operator reported a 3% increase year-on-year in passenger traffic to 2.8 million in the third quarter which ended on September 30.
CANADIAN Pacific Railway (CP) announced on October 20 that it has terminated exploratory discussions with CSX Corporation on a potential merger which would have created North America's largest freight railway.
MALAYAN Railway Corporation (KTMB) is considering measures to reduce its mounting losses and reliance on government subsidies, which could include discontinuing services on unprofitable routes, introducing higher tariffs for railfreight services and increasing passenger ticket prices.