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coronavirus pandemic
March 15, 2021
|
Financial
Stadler reports 8% rise in annual net profit
This is despite a fall in net revenue in 2020.
February 5, 2021
|
High-speed
British government expects French to lead a Eurostar rescue
Eurostar is only carrying 5% of its normal passenger traffic.
February 4, 2021
|
Financial
European rail sector revenues fall €26bn in 2020
The figures were gathered through monthly surveys of CER member revenues.
January 20, 2021
|
Asia
JR Central to furlough 9500 employees
CENTRAL Japan Railway (JR Central) has announced that it will furlough around 9500 employees from January 25 until February 28, in response to tightening Covid-19 restrictions.
January 12, 2021
|
Financial
United States FTA announces $US 14bn for public transit systems
THE United States Department of Transportation’s Federal Transit Administration (FTA) has announced $US 14bn in federal funding to support public transport systems during the Covid-19 pandemic.
December 11, 2020
|
Financial
Bolsonaro vetoes Reais 4bn rescue bill for public transport operators
BRAZILIAN president, Mr Jair Bolsonaro, has vetoed a bill approved by the national congress that would have provided Reais 4bn ($US 794.6m) in relief for public transport operators, saying the bill was unconstitutional and contradictory to the public interest.
October 22, 2020
|
Financial
CSX reports 14% fall in earnings in Q3
UNITED States Class 1 railway CSX has reported that net earnings for the third quarter of this year fell by 14% to $US 736m, from $US 856m in the same period in 2019, due to the continued impact of the Covid-19 pandemic and a $US 5bn share buyback.
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