A trial run of the first train in Russia to use new double-deck coaches was successfully carried out by Russian Railways' (RZD) Federal Passenger Company (FPC) subsidiary in Murmansk region on February 20.
FRENCH National Railways (SNCF) says turnover increased by 3% last year thanks mainly to growth in passenger income and the infrastructure maintenance it carries out on behalf of French Rail Network (RFF).
PORTUGUESE Trains (CP) ended 2012 with a loss of €222.5m, an improvement of 23% over the previous year, thanks largely to the improved operating performance of the company and its subsidiaries, which have reduced their losses.
POLISH State Railways (PKP) subsidiary PKP Cargo has become the latest potential buyer to be linked with ZSSK Cargo as the Slovak government continues its search for a strategic partner for the ailing Slovakian state-owned railfreight operator.
VEOLIA Transdev has announced plans to sell its Dutch subsidiary Veolia Transport Netherlands as part of parent company Veolia Environment's gradual withdrawal from the transport sector.
THE president of the European Investment Bank Mr Werner Hoyer will meet representatives of Stockholm City Council in the Swedish capital on February 15 to sign a €400m loan agreement which will finance the modernisation of the metro Red Line.
THE Association of American Railroads (AAR) says the major freight railways in the United States plan to spend an estimated $US 24.5bn in 2013 on motive power, rolling stock and infrastructure improvements.
FOLLOWING speculation last year, Pilbara iron-ore miner Fortescue Metal Group (FMG) has confirmed that it is to sell a minority interest in its rail and port assets.
CAPE TOWN-based rolling stock refurbishment company Commuter Transport Engineering (CTE) has embarked on a major expansion of its rail activities with the acquisition of Union Carriage & Wagon (UCW) from Murray & Roberts, South Africa, for an undisclosed sum.
SPAIN's national train operator Renfe this week announced a major change in its fares policy, with an 11% reduction in all tourist class AVE train tickets and new discounts in an effort push ridership beyond the 22 million mark.