Rail Business
Wabtec reports ‘record quarterly sales & earnings’
Wabtec Corporation has reported 'record quarterly sales and earnings', and increased its full-year guidance.
The company also declared a regular quarterly dividend of 3 cents per share, payable on Nov. 30, 2011 to holders of record on Nov. 16, 2011.
Third quarter highlights...
Rail Freight
World Bank approves $975m loan for Eastern Freight Corridor
The World Bank has signed a loan agreement of $975 million with the Indian Government and Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for the development of Eastern Dedicated Freight Corridor (EDFC) Project- I.
The EDFC-I is a freight-only rail...
Rail Business
Rail freight is ‘crucial to a resilient Scottish economy’
The Scottish Parliament has been urged to recognise the 'strategic economic benefits of investing in rail freight'.
The Rail Freight Group (RFG) has written to the Infrastructure & Capital Investment Committee (ICC) of the Parliament, urging it to press the...
Rail Freight
Updated rail freight forecasts show ‘strong prospects for growth’
Updated forecasts for rail freight have been published today by the Rail Freight Group (RFG) and Rail Freight Operators Association, and continue to show strong prospects for rail freight growth.
Produced by MDS Transmodal, the forecasts show that volumes are...
Events
Freightliner PL awarded Loco of the Year Award
Freightliner PL has been given the prestigious Rynek Kolejowy (Railway Market) Loco of the Year Award.
Mr Rafał Milczarski, Managing Director of Freightliner PL, accepted the honour at a ceremony on October 13 during the TRAKO Rail Fair in Gdańsk.
The...
Rail Freight
CN acquires energy-efficient intermodal rail equipment
CN has announced the purchase of 200 more efficient EcoTherm containers to 'increase customer efficiency and help reduce energy consumption in its fast-growing temperature-sensitive intermodal markets'.
Products such as food, beverages, paints and pharmaceuticals require protection against low temperatures.
With this...
High Speed Rail
First rail freight service on High Speed 1 to be launched by DB Schenker Rail in November
Trading links between Poland and the UK are to be strengthened during November with the introduction of regular European sized rail freight services by DB Schenker Rail.
One train per week will operate between Wroclaw, in Poland, and Barking, London,...
Rail Freight
Direct Rail Services runs trial train for Stobart Rail
Direct Rail Services (DRS), the UK’s leading rail freight operator has collaborated with Stobart Rail to run a Special rail service from the Port of Felixstowe to the new Stobart Rail facility at Daventry International Rail Freight Terminal (DIRFT...
Rail Freight
Direct Rail Services launches unique rail service from Teesport
Direct Rail Services (DRS) has launched a revolutionary new service from PD Ports’ Teesport container terminal utilising a unique wagon that can transport high-cube boxes to areas of the UK previously inaccessible by rail.
The five-days-a-week service was launched on...
Rail Freight
Transport of goods by rail increases between Russia & Baltic countries
The volume of international traffic between Russia and the Baltic countries for the first 9 months of 2011 increased by 5.5% to 49.3 million tonnes.
Of these, 42.6 million tonnes were exported (+2.2%), 2.7 million tonnes were imported (+78.9%), and...
Latest News
Elizabeth Line train order could save Alstom jobs
It is believed that a deal between the UK government and Alstom, over an order for new trains to...