Queensland announces subsidies to shift road to rail freight transport
Queensland Government will provide a AUD 80 million (USD 54.37 million) subsidy for Mount Isa Line to boost minerals freight […]
Financial
First BAM and Transsib modernisation phase to be completed in 2020
Russian Railways has announced that next year will complete the first stage of Baikal-Amur (BAM) and the Trans-Siberian railway modernisation […]
CEF Blending Facility call for proposals launched
The Innovation and Networks Executive Agency (INEA) launched a call for proposals under the CEF Blending Facility, with EUR 198 […]
China approves high-speed operator’s IPO
China Securities Regulatory Commission has approved the initial public offering (IPO) application submitted by the Beijing-Shanghai high-speed railway operator. Following […]
Denmark to launch ERTMS on eastern line
Banedanmark, the Danish railway infrastructure manager, announced that on December 15, will launch ERTMS between Roskilde and Køge, in the […]
Chinese company to acquire British Steel
Jingye, a Chinese steelmaker, and British Steel agreed to acquire the business and assets of the UK company, which is […]
USD 3.25 billion bond for Virgin Trains’ HSR project in California
The California Infrastructure and Economic Development Bank (IBank) has approved the largest bond ever requested to issue tax-exempt fixed rate […]
Strong orders for Siemens Mobility
During the Q4 FY 2019, Siemens Mobility orders increased by 16%, reaching EUR 12.9 billion, with a 1% increase in […]
EIB provides funding for tram expansion in Graz
The Mayor of Graz, Siegfried Nagl, and EU Vice-President, Andrew McDowell, signed an agreement for the provision of EUR 100 […]
A USD 7 billion strategy for Connecticut transit system
Connecticut Governor, Ned Lamont, has unveiled its USD 21 billion transport strategy for 2030, which will see a USD 7 […]