A 4 metre corridor is being added to the Gotthard route in order to encourage a further shift of transalpine freight transport from road to rail. The largest sub-project within this plan is the replacement of the existing Bözberg tunnel in Canton Aargau with a new twin-track tunnel. The goal
Railway Business Intelligence
The Office of Rail and Road’s (ORR) annual safety report published today, welcomes the rail industry’s strong track record on improving safety and highlights the need for it to meet the challenges of growth and change. The report highlights that the trend in harm to passengers is down by a third
Western European and North American economies invest increasingly in rail while in Central and Eastern European countries the focus continues to be on roads, shows latest study of the International Transport Forum. Investment in inland transport infrastructure, as a share of GDP, has declined from a peak in 2009 to a record
Russian rail freight operators’ margins will come under pressure in 2015-2016 as a decline in cargo volumes becomes more pronounced as demand is falling and railcar surplus is driving freight rates down, international rating agency Moody’s Investors Service informs. “Russian freight rates are unlikely to improve in the next two
ABB has won orders worth around $90 million from Swiss train manufacturer Stadler Rail to enable sustainable high-speed, suburban and urban transit in Europe and in the United States. The orders were booked in the second quarter of 2015. ABB’s traction converters with integrated power supplies, traction transformers and battery
Skinest Rail has submitted a formal complaint to the European Commission over the modernization and renovation of the vehicles of the Budapest Metro Line M3 tender launched by Budapesti Közlekedési Zártkörűen Működő Részvénytársaság (BKV Zrt.). BKV Zrt. has qualified Skinest Rail bid as invalid on July 8 and awarded Russian Metrowagonmash
The European Commission has adopted the 2014‑2020 Large Infrastructure Operational Programme (LIOP) for Romania, which is an important investment package worth nearly €9.5 billion from the EU Regional Funds to be invested in transport, environment and energy projects. This is almost half of the €23 billion allocated to Romania under
The European Investment Bank (EIB) has provided two loans totalling over PLN 320 million for the purchase of modern and energy-efficient low-floor trams for Krakow and Upper Silesia Agglomeration towns. Within the support for Silesia, the EIB will also finance the modernisation of the existing tram stock and infrastructure. Thanks
Siemens and Sinara Group sign MoU for the production of Sapsan high-speed trains in Russia
In celebration of their Ural Locomotives JV’s 5th anniversary, Siemens and Sinara Group signed on the 9th of July a memorandum of understanding (MoU) for the production of Sapsan high-speed trains at the Verkhnyaya Pyshma plant in Sverdlovsk Oblast. “In the first five years of operation, Ural Locomotives has become synonymous with advanced technology and progress. I
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The Taiwan Railways Administration (TRA) has signed a memorandum of understanding with DB International and DB Systemtechnik. The German railway company is to send expert technical consultants to Taiwan, the TRA said. TRA Director-General Chou Yung-hui said his agency is to send some staff to learn how DB transitioned from a
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