Indian Railway Finance Corporation (IRFC) has received $750m from the Asian Development Bank (ADB) to fund the Railways Track Electrification Project.
Spanish rail solutions provider CAF Group has signed an agreement to acquire 100% of the shares of rolling stock maintenance services provider EuroMaint in a transaction valued at approximately €80m.
The US state of California has sued the Trump administration over its decision to cancel $929m of federal funding for the high-speed rail project.
Express inter-city rail system Virgin Trains USA has awarded five contracts valued at $4bn for the construction of a 273km rail line between Orlando and South Florida.
The Asian Development Bank (ADB) has awarded a $170m loan to support the modernisation and upgrade of Uzbekistan’s locomotive fleet.
TrinityRail Maintenance Services (TRMS), a subsidiary of Trinity Industries, has revealed plans to build a new railcar maintenance facility in the US state of Iowa.
Transport for London (TfL) in the UK has announced plans to utilise Wi-Fi connection data to improve passenger experience on the London Underground.
German public transport network Rhein-Main-Verkehrsverbund (RMV) subsidiary fahma has placed a €500m order for 27 fuel cell trains from Alstom.
Auckland Transport in New Zealand has awarded a contract to the McConnell Dowell-Built Environs joint venture (JV) to upgrade the Puhinui Rail Station Interchange.
Denver Regional Transportation District (RTD) in the US has inaugurated the 2.3-mile extension of the E, F and R light-rail lines.