DEDICATED Freight Corridor Corporation of India (DFCCIL) has awarded a consortium of Larson & Toubro (L&T) Construction, India and Sojitz Corporation, Japan, a Rs 38bn ($US 569m) to build the 128km northern section of the Western Dedicated Freight Corridor between Rewari in Haryana and Dadri in Uttar Pradesh.
ASTRA Rail Management and The Greenbrier Companies, United States, announced plans on October 13 to form a new company, Greenbrier-Astra Rail, creating a Europe-based freight wagon manufacturing, engineering, and repair business.
BRAZIL’s National Bank for Economic and Social Development (BNDES) has agreed to lend Reais 3.5bn ($US 1.1bn) to rail and port operator Rumo Logistics in order to fund part of its 2015-2018 investment programme.
TRANSPORT ministers from Germany’s federal states have backed plans to introduce 740m-long freight trains across the German rail network at a summit held in Stuttgart on October 6.
THE Australian Competition and Consumer Commission (ACCC) released a combined statement of issues on October 6 on alternative proposals from Aurizon and Pacific National to acquire Glencore Coal’s Hunter Valley rail business.
AN agreement to develop mail coaches for operation between China, Russia and western Europe was signed by managing director of Tver Carriage Works (TVZ) Mr Taras Spivak, Deputy director general of Russian Post Logistics Mr Alexey Skatin, and head of Siemens Mobility Russia Mr Jörg Liebscher at last week’s Sochi International Investment Forum.
POLAND’s largest rail freight operator PKP Cargo slipped back into the red in the first-half of 2016 as a combination of “difficult” market conditions, and challenges facing Czech subsidiary AWT put the company under financial pressure.
IRJ at InnoTrans 2016: Germany’s minister of transport and digital infrastructure Mr Alexander Dobrindt, says he wants to ban noisy freight trains by 2020, ahead of the European Commission’s plan to introduce regulations on the reduction of train noise.
BRAZILIAN mining giant Vale announced on September 14 that it has obtained a 10-year operating license from the Brazilian Institute of Environment and Natural Resources (Ibama) for a rail link to the new Carajás Serra Sul (S11D) mine in the state of Pará.
IN a move that could have long-term ramifications for South Africa's long-haul trucking industry, Transnet has signed a deal with RailRunner, United States to develop intermodal technology for the country's general freight business.