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.