FRENCH National Railways (SNCF) continued to feel the impact of the economic downturn in the first quarter of this year as revenues remained almost static at €8.2bn, a 0.9% year-on-year increase.
RUSSIAN Railways (RZD) says design work could begin by the end of this year on the 790km Moscow – Kazan section of the proposed 1600km Moscow – Yekaterinburg high-speed line.
RAILHOLDING, the 100% owner of Austrian open-access passenger operator Westbahn has increased its capital stock by €20 million following an injection of funds from Strabag CEO Mr Peter Haselsteiner.
CANADIAN Pacific Railway (CP) has reported a 53% jump in first-quarter net income to $C 217m ($US 213m) and a 51% improvement in earnings per share which was ahead of predictions by Wall Street analysts.
THE US Department of Transportation has made $US 474m available for the fifth round of the Transportation Investment Generating Economic Recovery (Tiger) grant programme.
SPANISH rolling stock manufacturer CAF has reported a 19.1% drop in net profit to €22.2m for the first quarter of 2013.
MADRID Metro announced on April 23 it will rename one of its lines Line 2 Vodafone and the city's most central station Vodafone-Sol after reaching a three-year €3m agreement with the mobile telephone company.
DELHI Metro Rail Corporation, which is responsible for implementing the new two-line metro under construction in Jaipur, has awarded a contract to Thales for a passenger information system for the first line.
KNORR-Bremse opened a new manufacturing facility in Itupeva in São Paulo state, Brazil, on April 17 following a Reais 111m ($US 55.6m) investment.
RAIL Cargo Group (RCG), the recently-renamed railfreight subsidiary of Austrian Federal Railways' (ÖBB), achieved a higher than forecast Ebit last year of €56m compared with a budgeted profit of €13m.