All articles by Lopamudra Roy
Sydney receives $1.1bn capital investment to meet rail traffic growth
Australia’s Transport for New South Wales (TfNSW) has announced a A$1.5bn ($1.1bn) capital investment in a bid to improve rail customer service and address Sydney’s rapidly growing demand.
Vossloh to acquire Rocla Concrete Tie for $117.2m
German rail technology company Vossloh has signed a contract with Altus Capital Partners II to acquire US-based rail infrastructure company Rocla Concrete Tie.
Alstom delivers Metropolis train set ahead of schedule to Lucknow, India
French rail transport company Alstom has delivered the first Metropolis train ahead of schedule to Lucknow Metro Rail Corporation (LMRC) in Lucknow, Uttar Pradesh, India.
GWA acquires Glencore Rail for $849m
The Australian subsidiary of US-based short-line railroad holding company Genesee & Wyoming has acquired Glencore Rail for A$1.14bn ($849m).
Southern rail passengers to receive compensation for train delays
The UK’s Department for Transport (DfT) has announced that Southern rail passengers hit by long-running network disruption will be refunded the equivalent of a month’s travel fees.
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England’s Network Rail to share services with new rail operators
British Transport Secretary Chris Grayling has called for publicly owned transport company Network Rail to work in collaboration with private train operating companies to run England’s railway network.
Wabtec acquires French rail products company Faiveley Transport for €1.7bn
US-based Wabtec has completed the previously announced acquisition of majority ownership of French rail products company Faiveley Transport for €1.7bn.
Downer wins $1.2bn Sydney Growth Trains contract
Engineering group Downer EDI has won an A$1.7bn ($1.2bn) Sydney Growth Trains contract from Transport for New South Wales (NSW) in Australia.
Midas secures $33.70m international and PRC supply contracts
Jilin Midas Aluminium Industries, a subsidiary of Singapore-based investment holding company Midas, has received five international and People’s Republic of China (PRC) supply contracts of a total value of ¥232.1m ($33.70m).
Three consortia shortlisted to build $4.6bn rail project in Victoria
Continuum Victoria, Cross Yarra Partnership, and Moving Melbourne Together have been shortlisted to develop the A$6bn ($4.6bn) rail project in the Australian state of Victoria.