GHANA's junior transport minister Ms Joyce Mogtari says that a contract to rebuild the 330km eastern railway corridor will be awarded by the end of the year.
VOSSLOH Spain has secured orders worth more than €40m for 12 Euro 4000 six-axle diesel locomotives, which will be used by railfreight operators in France.
ITALIAN open-access railfreight operator Nordcargo has been rebranded DB Schenker Rail Italia, bringing it into line with other DB Schenker Rail subsidiaries outside Germany.
CANADIAN National (CN) has reported a net profit of $C 3.17bn ($US 2.55bn) in 2014, compared with $C 2.61bn in 2013. Operating income rose last year by 19% compared with the previous year to $C 4.62bn.
NORFOLK Southern (NS) announced its annual results on January 26, revealing record revenues for the fourth consecutive year despite a continued downturn in the coal business.
P&O Ferries announced on January 23 that it will begin work soon on a project to expand its rail hub at Rotterdam Europoort which aims to accommodate burgeoning traffic at the terminal.
UNION Pacific (UP) increased net earnings by 18% to $US 5.2bn last year, up from $US 4.4bn in 2013, while it says operating income was also up 18% at $US 8.8bn.
BNSF Railway has unveiled details of major projects in its $US 6bn 2015 capital programme, the largest planned capital expenditure in the company's history, which was first announced last November.
GERMAN logistics company Rhenus Group has concluded an agreement to acquire a 50.1% stake in Swiss open-access railfreight operator Crossrail for an undisclosed sum.
RAILROAD Development Corporation (RDC) announced on January 12 that it has acquired a 25% stake in Belgium-based railfreight operator and logistics company Eurorail.