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Financial
March 1, 2024
|
Main line
C2 Mobilidade wins São Paulo InterCity Train contract
Winning consortium was the sole bidder for $US 2.86bn PPP project to introduce passenger services between São Paulo and Campinas.
February 29, 2024
|
Financial
German hydrogen rail project funding suspended
German federal digital and transport ministry has halted all new funding as it investigates possible corruption cases.
February 29, 2024
|
Asia
CRRC appoints new president
Chinese manufacturer also confirms three new vice-presidents.
February 28, 2024
|
Financial
Loss-making DB Cargo plans “transformational” restructuring
German freight operator to focus on block trains as the European Commission investigates potentially illegal subsidies.
February 28, 2024
|
Financial
Partial private finance for Seoul's GTX-B line
Korean government is funding central section from Yongsan to Sangbong.
February 28, 2024
|
Commuter Rail
Little opportunity for cost savings in Swedish operating contracts
MTR’s exit from the Swedish market might indicate that there are few savings left to make after 30 years of competitive tendering.
February 28, 2024
|
Policy
HS2 funding reallocated to local transport
British government announces £4.7bn originally allocated to the cancelled Manchester section of HS2 will be available for local transport projects including light rail.
February 27, 2024
|
Financial
A new leasing model for Europe?
Siemens’ decision to set up a subsidiary dedicated to short-term leasing of multiple-units could herald the start of a new way of procuring rolling stock.
February 27, 2024
|
Commuter Rail
Early termination for MTR’s last Swedish regional operating contract
Mälartågen contract financially unsustainable, says MTR.
February 23, 2024
|
Financial
Nazareth - Haifa light rail contract awarded
Group Three consortium of Alstom, Electra and Minrav signs finance, build, design and operate (FBDO) agreement.
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