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coronavirus
February 3, 2021
|
North America
CN reports 7% fall in annual revenue for 2020
Improvements in the fourth quarter suggest a brighter outlook for 2021.
January 30, 2021
|
Financial
Canadian Pacific reports 6% rise in 2020 operating income
CANADIAN Pacific (CP) has reported a 6% rise in operating income to $C 3.3bn ($US 2.58bn) in 2020 compared with 2019, with a 280 base point improvement in its operating ratio to 57.1%. CP also achieved a 4% increase in fourth-quarter operating income to $C 928m, compared with the same period in 2019.
January 21, 2021
|
Financial
Getlink reports 24% fall in turnover in 2020
CHANNEL Tunnel operator Getlink has reported a 24% fall in turnover to €815.9m for 2020 compared with 2019, due to restrictions on movement caused by the Covid-19 pandemic.
January 18, 2021
|
Financial
China Railways to scale back network expansion in 2021
CHINA National Railways (CR) has announced that it will focus on increasing efficiency and revenue across its network in 2021 rather than network expansion, marking a change of course for the state-owned railway.
January 15, 2021
|
Europe
British operators reduce services in response to latest lockdown
BRITISH operators will introduce reduced timetables over the next few weeks in response to the latest national lockdowns, which came into force in England on January 6, Scotland on January 4, and Wales on December 20.
January 14, 2021
|
Financial
RZD reports 27.4% decline in passenger numbers in 2020
RUSSIAN Railways (RZD) has reported a 27.4% decline in passenger numbers in 2020 compared with 2019, to 869.4 million passengers, primarily due to the Covid-19 pandemic.
January 8, 2021
|
Financial
SNCB reports financial loss for 2020 but remains hopeful for the future
BELGIAN National Railways (SNCB) has reported an operational loss of around €400m for 2020 due to the Covid-19 pandemic, despite government support worth €264m.
January 6, 2021
|
Europe
British open-access operators suspend services again
BRITISH open-access operators Grand Central and Hull Trains have announced the suspension of services in response to a third national coronavirus lockdown, which commenced on January 5, as franchise operators continue to operate reduced timetables.
December 22, 2020
|
Financial
US pandemic relief package includes $US 15bn for transit
THE United States congress has approved a near $US 900bn pandemic relief package, which includes $US 14bn for transit and $US 1bn for Amtrak.
December 10, 2020
|
Freight
KTZ Cargo reports progress in coronavirus border dispute
KAZAKHSTAN’s state-owned freight operator KTZ Cargo says negotiations to restore cross-border freight with China are progressing following a dispute over coronavirus restrictions.
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