IRJ at the 1520 railway conference in Sochi, Russia: Russian Railways (RZD) signed today a record 13 agreements with foreign railways and equipment suppliers to develop international rail services and introduce new technology.
OPERATING profits of railway signalling and communications company Invensys Rail rose by 32% to £134 million in 2008/09, despite the economic downturn.
RUSSIAN Railways (RZD) president Mr Vladimir Yakunin launched
the start of work today on parallel road and rail tunnels which will form part
of a new 50km rail link from Adler to Krasnaya Polyana.
RAILCORP, the state-owned passenger operator of New South Wales, Australia, is set to cut staff and make 58 stations unmanned in a bid to fund pay rises for station managers, according to the Rail Tram and Bus Union, which opposes the move.