EGYPTIAN National Railways (ENR) reportedly lost £E 70m ($US 11.6m) between January 28 2011 and January 12 2012 in the midst of the uprising to overthrow the regime of former president Mr Hosni Mubarak.
DB REGIO has ordered an additional 90 class 430 emus from Bombardier and Alstom in a deal worth approximately e500m.
USIMINAS Mechanica, Brazil, has agreed to build a second wagon manufacturing plant in the Brazilian state of Minas Gerais as the company aims to tap into Brazil's expected need to buy 4500 wagons per year.
UNION Pacific reported net income of $US 964m in the fourth quarter of 2011, and $US 3.3bn for the full year, an 18% increase on 2010.
CHINA Southern Rolling Stock (CSR) subsidiary CSR Qingdao Sifang has unveiled a new-high-speed test train which is designed to operate at speeds of up to 500km/h.
AFTER several false starts and cancellations, construction will finally begin this October on Jakarta's first metro line, according to the city's governor Mr Fauzi Bowo.
THE relentless expansion of Beijing's metro network reached another milestone on December 31 with the opening of the first section of Line 9 and extensions to lines 8 and 15.
CONSTRUCTION began last month on two new sections of Buenos Aire s Line H, which will take the line south to Pompeya and north to Plaza Francia.
DOMODEDOVO Trans Development (DTD) has revealed ambitious plans for a 214km light rail network that will link Moscow's expanding southern outer suburbs, and connect Domodedovo and Vnukovo airports.
THE Czech subsidiary of OHL Group, Spain, has won a €1.95bn contract to build the 390km Ural Polar railway in northern Russia.