Indian Railways is set to invest Rs650bn ($8.9bn) in the Mumbai suburban rail network in the state of Maharashtra, new agency PTI reported citing Union Railway Minister Piyush Goyal.
Ukrainian Railways (UZ) has received a $150m senior loan from the European Bank for Reconstruction and Development (EBRD) to acquire up to 6,500 general purpose open freight gondola-type wagons.
The Japan International Cooperation Agency (JICA) has signed an agreement with the Government of the Philippines to provide a loan of up to JPY38.101bn (approximately $330m) for the Manila Metro...
European Commission (EC) has decided to refer Bulgaria to the Court of Justice of the European Union (EU) for failing to implement EU railway safety legislation.
UK-based train leasing company Porterbrook has completed £250m private placement to refinance its 2019 bond maturity.
China Aerospace Science and Industry (CASIC), in collaboration with Zhejiang Geely Holding Group (Geely), an automotive manufacturing firm based in China, intends to develop next-generation high-speed trains.
UK’s Balfour Beatty has used secure data collection platform eviFile on its Greater West rail electrification programme.
Alstom has rolled out the 28th repainted Class 390 Pendolino train from its Widnes railway facility in the UK.
Transport operator Transdev Group has secured a more than €1.5bn contract to operate the 385km-long regional rail network in Hannover, the capital city of the German state of Lower Saxony.
Chinese automotive manufacturing company Zhejiang Geely Holding Group (Geely) has signed an agreement with state-owned China Aerospace Science and Industry (CASIC) to develop supersonic trains.