Pakistan Approves $1.6bn Plan to Revive Karachi Circular Railway
Pakistan's Executive Committee of the National Economic Council has approved a PKR128.5bn (approximately $1.6bn) plan to reinstate the Karachi Circular…
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Alstom Delivers First Citadis Tram to Turkey
French firm Alstom has delivered the first of 37 Citadis trams to the Turkish city of Istanbul. The tram uses…
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Saudi Railway Awards $720m Rail Contract
State-owned Saudi Railway Organisation (SRO) has awarded a SAR2.7bn (approximately $720m) contract to a Chinese Civil Engineering Construction-led consortium to…
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New Consortium Formed For Crossrail Tunnelling Contracts
Spanish firm Ferrovial, BAM Nutall and Kier have teamed up to jointly bid for UK company Crossrail Limited's recently announced…
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Eurotunnel and SNCF Acquire Veolia Subsidiaries
Cross-channel rail tunnel operator Eurotunnel and French state-owned railway company SNCF have bought Veolia Cargo, the rail freight subsidiaries of…
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Train Market Will Derail in 2010, Says GE Head
The market for new locomotives will drop off steeply in 2010 as the amount of new orders being placed dries…
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Pakistan to Get $140m Signal Upgrade Loan
The Islamic Development Bank (IDB) has agreed to give a $140m loan to Pakistan to upgrade signalling on the Lodhran-Lahore…
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Work on $1.4bn Mecca-Medina Rail Put to Tender
The Saudi Railways Organization has invited bids for work on the second section of the planned $1.4bn Mecca and Medina…
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Stagecoach Pays £100m to Keep UK Rail Lines
UK bus and rail operator Stagecoach has agreed to pay a £100m 'change of control' payment to take over the…
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Bombardier Wins $431m Tram Order
The German capital of Berlin's transport operator Berliner Verkehrsbetriebe (BVG) has awarded a €300m ($431m) contract to Bombardier for 99…