South Africa: Spoornet is to create a new business unit for subsidiary companies, including International Joint Ventures, regional operator Comazar, and a leasing company to exploit locomotive and stock that are surplus to requirements.
USA: On November 15 General Electric’s Global eXchange Services launched an internet based business-to-business exchange for the rail market, Global Rail Exchange, following a three month trial involving 700 firms including Amtrak, CSX and Norfolk Southern.
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.
USA: Project promoter Brightline West held a groundbreaking ceremony on April 22 in Las Vegas to launch its project to build a high speed line from the city to southern California.
