All Railway Gazette International articles in April 2011 – Page 5

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    News

    Industry News in Brief

    2011-04-30T04:00:00Z

    Rolling stock manufacturer CAF has announced a profit of €129·6m for the 2010 calendar year, up 4·3% on 2009. Net turnover was up 25% at €1576m, while EBITDA was up 19% at €194m. As of December 31 the company had an order backlog of €4519m, more than 55% of ...

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    News

    FTA signs agreement to fund Central Corridor

    2011-04-30T04:30:00Z

    USA: Representatives of the Federal Transit Administration and the Metropolitan Council signed a full funding grant agreement worth $478m in St Paul on April 26. The federal government is now committed to provide half of the $957m needed to build the 18 km Central Corridor light rail project linking Minneapolis ...