CANADIAN Pacific Railway (CP) has agreed to sell the western section of the Dakota, Minnesota & Eastern Railway (DM&E), which it acquired in 2008, to Genesee & Wyoming (GWI).
DUTCH logistics company Husa Transportation has announced it plans to withdraw its open-access railfreight operations, claiming its financial results are not good enough to justify the continued operation of its own freight trains.
CONSTRUCTION is expected to begin this month of a 220km railway in southern Laos from Savannakhet on the Thai border to Lao Bao on the border with Vietnam following a groundbreaking ceremony on December 18.
HUNGARY's Györ-Sopron-Ebenfurth Railway (GySEV) has issued a call for tenders for the supply of nine electric locomotives and subsequent maintenance for 20 years with an option for a 10-year extension.
AN investigation is underway into the cause of a derailment which resulted in two BNSF trains, one of which was carrying crude oil, to collide and explode near Casselton, North Dakota, on December 30.
ISREAL's prime minister Mr Benjamin Netanyahu, together with transport minister Mr Yisrael Katz and Israel Railways' general manager Mr Boaz Zafrir, opened an extension of the Tel Aviv - Ashkelon line south to Shderot on December 25.
ECUADOR's National Pre-investment Institute (INP) has awarded Barcelona metro operator TMB a contract worth around $US 1.4m to carry out a prefeasibility study into the construction of an electrified freight network linking key industrial and mining centres with ports on the country's Pacific coast.
DEDICATED Freight Corridor Corporation of India has qualified four bidders for electrical and signalling works on the 343km Bhaupur - Khurja section of the 1829km Eastern Dedicated Freight Corridor (DFC) which will eventually link Ludhiana with Dadri near Delhi and Dankuni near Kolkata.
UKRAINIAN Railways (UZ) received the first three type 2ES10 twin-section electric locomotives on December 16 from Ural Locomotives, a joint venture of Sinara, Russia, and Siemens.
SUMITOMO Mitsui Banking Corporation (SMBC) has agreed to purchase Flagship Rail Services, United States, from Perella Weinberg Partners for $US 1.1bn subject to regulatory approval.