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GE Transportation-Wabtec merger shakes up supplier ranking THE ranking of the world’s largest railway equipment suppliers is set to change when the agreed merger between GE Transportation and Wabtec comes into force, according to analysis by IRJ.
high-turnover-helps-stadler-recover-from-swiss-franc-shock
STADLER says it has recovered from the negative effects of the Swiss franc shock, with turnover at Stadler Rail returning to approximately the same level as before the Swiss National Bank’s unexpected decision to scrap...
british-regulator-calls-for-network-rail-to-improve-reliability-and-safety
BRITAIN’S Office of Rail and Road (ORR) has called for infrastructure manager Network Rail (NR) to spend more on reliability and safety over the next five years, including an extra £1bn to replace worn-out assets.The...
itinera-takes-over-danish-rail-project-as-partners-face-corruption-charges
ITALIAN construction firm Itinera has announced that it has taken over sole responsibility for the new Storstrøms Bridge on the Copenhagen - Femern railway line, as the two firms it won the contract with are...
victorian-regional-and-airport-links-makes-progress
THE Australian and Victorian governments have provided an update on the construction timeframes for the $A 1.75bn ($US 1.3bn) jointly-funded Regional Rail Revival programme, which will upgrade predominantly passenger rail lines across the state of...
siemens-alstom-merger-could-be-delayed
COMPLETION of the planned merger between Siemens’ Mobility division and Alstom could be delayed until from the end of 2018 until some time during the first half of 2019 due to the time needed to...
funding-recommended-for-two-us-rail-projects
TWO US rail projects have been recommended for $US 148.2m in grants, plus another four grade-separation schemes totalling $US 66m, out of 26 transport projects recommended by the US Department of Transportation (USDOT) to be...
ns-signs-locomotive-sale-and-lease-back-agreement
NETHERLANDS Railways (NS) has agreed with French leasing company Akiem to sell and lease back 45 class 186 Traxx MS2 four-voltage locomotives.Under the contract, which was awarded following a tender process, NS will continue to...
polish-government-takes-control-of-pesa
THE Polish government has taken control of financially-troubled train builder Pesa with all of the company’s shares being acquired by the Polish Development Fund (PFR).Pesa has been in financial difficulties for some time due to...
railway-performance-index-shines-a-light-on-investment-policies
A new study by Boston Consulting Group* on the performance of European railways suggests states may need to step up investment in their rail networks if they want to sustain or improve performance levels. EUROPE’s railways...
strong-growth-forecast-for-africa-me-rail-market
ACCORDING to a report by SCI Verkehr, the market for railway products and services in Africa and the Middle East is forging ahead, with an average annual growth rate of 4% predicted between now and...

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