Archive for category: Business

Russian-Hungarian consortium secures mammoth rail car contract in Egypt

Photo: Transmashholding.The deal, valued at more than €1 billion, is the largest such deal in the history of Egypt's railways, according to Transmashholding.
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Iowa Interstate Railroad orders Evolution Series locomotives from GE

Photo: GE Transportation.The locomotives, to be produced in early 2020, will be used to transport grains, ethanol, metals and other goods across the railroad's network between Chicago and Omaha.
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China Railway Corp awards €280m high-speed train contract

Photo: Yiu Cheung.The cars have an operating speed of 350km/h and will be configured into five eight-car trainsets and five 16-car trainsets.
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Preferred bidder for Liège Tramway PPP selected

Photo Liège Tramway.The contract with the consortium is expected to be signed before the end of 2018.
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UK rail industry facing most significant review since privatisation

Photo: William87.The assessment will consider making ambitious reforms to strengthen franchises and improve reliability. 
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Production of Merseyrail’s new fleet progresses

Photo: Stadler.Stadler project manager Fadi Khairallah said it is entering an exciting stage now with the trains "really starting to look like trains".
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Powercar bodyshell of Amtrak’s first Avelia Liberty trainset assembled

Photo: Pete Hudeck/Merrill.The power car bodyshells are made from 100 per cent US steel and have been specifically painted to reflect the Amtrak blue and white colours.
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Final O&M contracts awarded for Riyadh Metro

Photo: RATP.Arriyadh Development Authority has awarded Capital Metro COmpany the 12-year operation and maintenance contract for lines 1 and 2 of the Riyadh Metro.
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Grand Paris Express train contract worth up to €1.3 billion awarded

Photo: Alstom.The contract is fully financed by IDF Mobilités and covers a maximum of 1,000 cars (183 trains) in three and six-car configurations. 
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High-speed railway opens between Hong Kong and China

Photo: MTR Hong Kong.The start of services on the Hong Kong section means that passengers from Hong Kong are now able to connect to 44 mainland destinations using more than 25,000km of high-speed railways.
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The EMU that can ‘transform’ to meet demand

Photo: CRRC.A highly adaptable inter-city electrical-multiple unit has been presented to exhibitors at InnoTrans. 
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