GENESEE & Wyoming's newest rail subsidiary, the Rapid City, Pierre & Eastern Railroad (RCP&E) began operations on June 1, 2014 after Canadian Pacific (CP) completed the sale of the line, the western stretch of the Dakota, Minnesota & Eastern (DM&E).
Ilya Shirokobrod, vice-president and head of the railway products division with Evraz, Russia, takes a look at how the market for rails is developing both technically and commercially, and the company's position in the market.
DURING a meeting in Paris on May 27 with the French president Mr François Hollande, the CEO of General Electric (GE) Mr Jeff Immelt is understood to have improved GE's $US 16.9bn offer for Alstom's power division by pledging to create around 1000 more jobs in France within the next three years.
THE Canadian government announced on May 26 it will allocate $C 150m ($US 138m) towards the expansion of the light rail network in Edmonton through the New Building Canada Fund's Provincial-Territorial Infrastructure programme.
A groundbreaking ceremony was held in Kansas City on May 22 to mark the launch of construction on a 3.5km starter tram line linking River Market with the city centre and Union Station.
SPEAKING at the 2014 Electrical Products Group conference in Florida on May 21, Mr Jeff Immelt, chairman and CEO of GE, said the acquisition of Alstom's power division is "a deal which we expect to close." He said GE is targeting closure in 2015.
CALIFORNIAN commuter rail operator Caltrain has issued a Request for Qualification (RFQ) for a design-build contract to electrify the 82km San Francisco – San Jose line, a key component of its Modernisation Programme, which is due to be completed by 2019.
MASSACHUSETTS Department of Transportation (MassDOT) has approved the purchase of 24 light rail vehicles from CAF, Spain, for the Green Line.
THE Region of Waterloo, Ontario, has reached financial close on a 33-year PPP contract to design, build, finance, operate, and maintain the city's first light rail line.
AFTER many years of indecision, the mayor of Virginia Beach Mr William Sessoms and Virginia state transportation secretary Mr Aubrey Layne have agreed to develop plans for a light rail link between Virginia Beach and the neighbouring city of Norfolk.