India: railway budget to be merged into general budget from 2017
The 92-year-old practice of presenting a separate railway budget will come to an end from the next fiscal year, after […]
Financial
The who’s who in Africa’s transport industry gathers in Durban to award women in the industry
A delegation of Africa’s foremost maritime industry professionals and a distinguishable line-up of thought-leaders will be in Durban on 18 […]
Indian Railways want to renegotiate loan condition with Japan
The Indian Railways are contemplating renegotiating the loan conditions with Japan for procuring electric locomotives for the Western Dedicated Freight […]
Canadian Pacific Railway fined by Federal Communications Commission
The Federal Communications Commission’s Enforcement Bureau announced that Canadian Pacific Railway Co. has received a fine of USD 1.2 million. […]
USD 20 Million for Caltrain
California State Transportation Agency (CalSTA) announced that Caltrain Modernization would receive one of 14 grants awarded to projects that focus […]
Genesee & Wyoming acquires Providence and Worcester Railroad
Genesee & Wyoming has announced today that it has agreed to acquire Providence and Worcester Railroad Company for USD 126 […]
Japan to finance rail project in Manila
Japan has announced that it will offer a USD 2.4 billion financing for a new rail commuter line in Manila. […]
New funds for Orange’s tram project
The California State Transportation Agency (CalSTA) alloted a USD 28 million fund for Orange County’s first modern tramway system. The […]
Belarusian Railways increases China-Europe container transport by 150%
In January-June 2016, Belarusian Railways enhanced the volume of container transportation in the Chinese direction by 2.5 times in comparison […]
BDZ slightly gains profit
Bulgaria’s state-owned railways operator Holding BDZ posted a group net profit of BGN 3.6 million (EUR 1.8 million) for the […]