n Canadian Pacific transferred 1839route-km in the US Midwest to I&M Rail Link in April for US$250m. Formed by Montana Rail Link owner Dennis Washington, I&M includes a route from Kansas City to the Chicago area plus branch lines in Iowa, Minnesota and Wisconsin.
n A consortium headed by privatisedBrazilian steel manufacturer CSN acquired a 40% stake in iron ore giant CVRD during the privatisation auction on May 6. CVRD operates the Caraj
EUROPE: The EU Agency for Railways has launched ERA Railway Factsheets, giving what it calls ‘a comprehensive overview of the rail sector across European countries with one-click access’. Covering aspects such as transport statistics, railway organisations, rolling stock, infrastructure, safety, market structure, and the legal framework, ...
UK: ‘We in the rail sector must be objective and honest about what we are good at’, Network Rail Chief Executive Andrew Haines told a conference in Birmingham on October 3, as he reflected on how the industry can plot its way through the uncertainty of the post-Covid period.
EUROPE: Senior figures from across the UK rail sector came together at the Rail Partners with Ukraine event to hear how national railway Ukrzaliznytsia is keeping trains running under wartime conditions, and to raise money to fund food parcels for Ukrainian railway workers and their families. ...
