Australia: Wesfarmers and Genesee & Wyoming have set up two subsidiaries to run the recently-acquired Westrail freight business (RG 12.00 p788): operator Australian Western Railroad and infrastructure business WestNet Rail.

On December 1 Federal Transport Minister John Anderson announced $20m of funding towards a $57m project to relocate the Melbourne - Sydney line around Wodonga, Victoria by 2004.

Austria: ÖBB is to invest Sch700m in the Tauern route. Sch180m will be spent on fire safety measures, and Sch520m on formation works and a solid-state interlocking at B