Two French regions secure funding for new rolling stock
The European Investment Bank (EIB) has signed a EUR 400 million loan agreement with the local public company SPIIT (Société […]
Financial
North American Rail Solutions acquires Tri Innovations Consulting
North American Rail Solutions (NARS), North America’s largest provider of railroad design, construction, maintenance, and operating services, announces the acquisition […]
EIB funding for Porto-Lisbon HSR
The EIB Board of Directors approved on June 20, 2024, a EUR 5 billion investment to improve rail transport across […]
Montenegro secures funding for EMU procurement
The European Bank for Reconstruction and Development (EBRD) has provided Montenegro rail passenger operator, Željeznički Prevoz Crne Gore (ZPCG), a […]
DB says there are “no concrete” plans to cancel long-distance trains
Deutsche Bahn denies press reports that claim the company plans to cancel long-distance trains. Regarding the current reporting by the […]
FS Group signs EUR 3.5 billion revolving credit facility
Ferrovie dello Stato Italiane S.p.A. (FS Group) with a syndicate of nine banks and financial institutions signed a new committed […]
CP announces net profit for second year in a row
CP – Comboios de Portugal makes net profit for the second year running. There was a 17% in increase in […]
FTA selects station modernisation projects
The U.S. Federal Transit Administration (FTA) announced that eight transit systems in eight states will receive a total of USD […]
Siemens Mobility expands its Cornellà factory in Spain
Siemens Mobility has invested in its Cornellà factory to significantly expand production capacity and the product portfolio. As part of […]
BNSF ordered to pay USD 400 million to native tribe
BNSF Railway must pay nearly USD 400 million to a Native American tribe in Washington state, a federal judge ordered […]