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Financial
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.
February 23, 2024
|
Metros
Rolling stock and rail systems contract awarded for Macau East Line
Contract worth $US 432m awarded to Mitsubishi-led joint venture.
February 22, 2024
|
Financial
PT KAI takes Chinese loans for Whoosh cost overrun
China Development Bank makes two loans to PT KAI totalling $US 448m after costs for Indonesia’s first high-speed line mushroom.
February 22, 2024
|
Financial
FTA provides $US 631m to fund fleet replacement
New commuter, light rail and metro rolling stock for Chicago, Baltimore and Philadelphia.
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