HUNGARIAN State Railways (MÁV) recently unveiled its financial results for 2012, which reveal that last year the railway achieved its first operating profit in decades.
A groundbreaking ceremony was held on August 2 to mark the start of the start of construction on a new €300m intermodal terminal at Inzersdorf south of Vienna.
ITALIAN rolling stock manufacturer AnsaldoBreda announced on August 1 that it has filed an appeal against the verdict of the Court of Justice in Utrecht, which ruled on July 3 that Netherlands Railways (NS) and Belgian National Railways (SNCB) will not be required to disclose three technical reports commissioned prior to the cancellation of their orders for V250 Fyra trains.
THE first freight train from Zhengzhou in eastern China to the Billwerder intermodal terminal in Hamburg arrived at its destination on August 2, just 15 days after setting off on its 10,214km journey.
TRANSNET Freight Rail (TFR), South Africa, is to introduce 200-wagon trains between the coalfields of Mpumalanga province and the port of Richards Bay in an effort to increase the capacity of the corridor to 81 million tonnes in the next financial year.
GERMAN Rail (DB), Alstom, the state government of Bavaria, and leasing company DAL launched a joint project on August 1 to trial hybrid traction technology on shunting locomotives in southern Germany.
THE government of Loreto, the northernmost region of Peru, is developing plans for a 576km railway to link the city of Yurimaguas with the regional capital Iquitos, which is situated on the river Amazon.
SINGAPORE's National Research Foundation has awarded a $S 250,000 ($US 197,000) grant to a research project which is developing new real-time asset monitoring technology for third-rail electrification systems.
THE first of two 13-car Talgo trains acquired by the state of Oregon with the aid of stimulus funds from the United States government entered service on July 26.
THE government of the Australian state of Queensland has awarded a consortium led by Thiess Australia a $A 650m ($US 583m) contract to build the second phase of the $A 1.15bn Moreton Bay Rail Link.