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The latest business news from the global rail industry, including passenger and freight train operators, infrastructure managers, regulators and the supply and support industries.
FRANCE: Radical changes to the operations management and customer relations activities for SNCF’s regional passenger services were announced by General Manager, TER, Frank Lacroix on February 14. Providing an update on the CAP ... more
JAPAN: East Japan Railway has unveiled the second driving car for its experimental ALFA-X Shinkansen trainset, which features a 22 m long aerodynamic nose designed to mitigate the sonic boom effect of entering and passing ... more
AUSTRALIA: The New South Wales government signed a contract for 117 multiple-unit cars to replace its entire regional train fleet on February 14. The Momentum Trains consortium of CAF, Pacific Partnership and DIF Infrastructure ... more
LGIM Real Assets has provided £200m in long-term debt financing on behalf its clients including Legal & General Retirement Institutional to support Equitix and SMBC in the purchase of 60 Stadler ... more
ROMANIA: Infrastructure manager CFR has called tenders for the design and construction of a 2·95 km rail connection to Terminal 1 at Henri Coandă International Airport, which would allow the operation of a direct rail service ... more
FRANCE: A report into the condition, usage and prospects of almost 9 000 route-km of secondary railway is to be handed to government before the end of March. According to Transport Minister Elisabeth Borne, the report ... more
CHILE: Proposals to build a high-performance railway between the capital Santiago and the port of Valparaíso have been formally submitted to the Ministry of Public Works by the Tren Valparaíso Santiago consortium of local firm of ... more
CHINA: Construction of the 176 km Chengdu – Zigong Yulin Passenger-Dedicated Line has been approved, with a budget of 35·9bn yuan and opening planned for 2023. The Chengdu – Tianfu section will be built for 250 km/h operation, ... more
USA: A scaling back of the high speed rail project in California was announced by Governor Gavin Newsom in his first State of the State address on February 12. Newsom said the project 'as currently planned' would 'cost too ... more
UK: Plans for a reorganisation designed to ‘put passengers and freight users first’ and address concerns about poor operating performance on the increasingly busy network were announced by infrastructure manager Network Rail on ... more
JORDAN: The Saudi Jordanian Investment Fund and the Aqaba Special Economic Zone Authority have signed a memorandum of understanding to undertake feasibility and technical studies for the development of a 195 km railway ... more
