CHANNEL Tunnel operator Eurotunnel says it had a record year in 2012 with a 14% increase in turnover to €993.1m. Passenger traffic breached the 300 million mark in October 2012 since the tunnel opened in 1994.
THE Association of Hungarian Logistics Service Centres (MLSZKSZ) has completed a feasibility study for the so-called V0 railway, which would allow international freight traffic to bypass congested lines in the Budapest area.
BNSF Railway, the second largest Class 1 railway in the United States, says it will increase capital investment this year by 11% to $US 4.1bn. This includes $US 2.3bn for infrastructure improvements, and $US 1bn for motive power and rolling stock.
PLANS to construct one of the world's most northerly railways have faltered because of difficulties in securing finance for the Mary River iron-ore mine on Baffin Island.
ONE of Russia's largest private railfreight operators, NefteTrans Service (NTS), plans an initial public offering of ordinary shares on the London Stock Exchange during the first half of this year.
BRITAIN's Rail Freight Group (RFG) has expressed "disappointment" at changes announced on January 11 by the Office of Rail Regulation (ORR) to track access charges for freight, which will be implemented from 2016.
The first phase of a major upgrade of the Chicago - St Louis corridor through the heart of Illinois is complete. And with work continuing to finish the entire project by 2017, the line is considered a bellwether for future improvements to freight corridors that carry passenger services in the United States, as Kevin Smith and Railway Age managing editor Douglas John Bowen discover.
In their rush to extract western Africa's vast mineral wealth, mining companies are revitalising existing, and building new, heavy-haul rail lines. Paul Ash presents a comprehensive round-up of the latest activities in the region.
WITH the signing of a 12-year agreement with Whitehaven Coal, Aurizon (formerly QR National) is preparing to significantly expand its coal operation in New South Wales from July 2014.
THE Czech and Slovak governments are considering plans to merge state-owned railfreight operators CD Cargo and ZSSK Cargo in an effort to improve their financial position and protect them from potential takeover bids from foreign railways.