All Railway Gazette International articles in May 2005 – Page 4
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News
Leasing venture
CFCL Australia has entered into a joint venture with specialist in asset financing Allco Finance Group and investment company Record Investments to launch a loco and rolling stock leasing business. Allco CFCLA Freight Rail Leasing JV aims to raise A$70m towards capital investment in locos and stock during its first ...
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News
New life for old tickets
OVERTHEYEARS, Sidetrack has seen rail passengers doing many strange things with their tickets.Using tickets as a bookmark is common, but we have seen people drawing on them, folding them, and even chewing them, although this last seems a bit risky in the event of a surprise ticket inspection.Tel Aviv commuter ...
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News
Merseytram ready to start
ON APRIL 7 Merseyside PTE announced that it had selected the M-PACT joint venture of GrantRail and Laing O’Rourke Civil Engineering as prime contractor for the UK’s next light rail project: Merseytram Line 1 between Liverpool and Kirkby (MR 03 p40).Subject to contractual arrangements with the preferred bidder being completed ...
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News
Nafta takeover
THE AMBITIOUS plan to create a north-south ’Nafta Railway’ serving the North American Free Trade Area reached fruition on April 1, when Kansas City Southern formally took over Mexican rail concessionaire TFM SA de CV.KCS has purchased a controlling interest from its former partner Grupo TMM SA, giving it ownership ...
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News
On-board power
Frensistemi, the Italian subsidiary of Knorr-Bremse, has acquired a 70% stake in Microelettrica Scientifica. The March 16 transaction applies retroactively from September 30 2004. Brake resistors, contactors and electronic protection relays are among the power supply and energy distribution equipment manufactured by Rozzano-based Microelettrica. It has annual sales of ...
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News
Subgrade radar
RAIL RADAR is being used in Canada to pinpoint the location of faulty sub-surface ballast and missing or damaged sleepers. The ground-penetrating radar uses a multi-channel surface-coupled antenna towed behind a road-rail vehicle to survey routes at line speed. A PC stores data on over 1600 track-km and generates reports. ...
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NewsEconomic growth boosts Ireland's railways
IRELAND: National economic growth has required a rapid increase in capacity and service quality at Iarnród Éireann. Chief Operating Officer Dick Fearn told Andrew Grantham how this is being provided, and why he is happy with a vertically-integrated railway.
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