USA: Union Pacific is ‘optimistic that the economy will favour a number of our market segments, leading to another year of positive volume growth’, said Lance Fritz, Chairman, President & CEO, announcing the company’s 2017 results on January 25. UP reported net income of $10·7bn for the year, an increase of 10% on 2016 after
Stagecoach has announced that Alstom is to become part of its bid for the new Southeastern franchise. The move, which is subject to approval by the Department for Transport (DfT), will make Alstom a 20 per cent shareholder in the new train operating company. The announcement was made on the same day that Transport Secretary Chris
NETHERLANDS Railways (NS) says it is in talks with Eurostar regarding the introduction of a third London – Amsterdam service in 2019, potentially offering a significant improvement in journey times for London-bound passengers. The third Amsterdam – London service will not set down passengers at Brussels South and boarding will only be permitted at this
BRAZIL’s Ministry of Cities has authorised the Federal District government to proceed with a Reais 333.4m ($US 103m) project to upgrade and extend Brasilia’s metro network. The deal was signed at a ceremony held at the Planalto Palace attended by Brazil’s president, Mr Michel Temer, the minister of cities, Mr Alexandre Baldy, the governor of
SPAIN’s minister of public works Mr Iñigo de la Serna announced in Barcelona on February 6 that Renfe is planning to launch a new low-fares high-speed service between Barcelona and Madrid next year. The new service will be branded Eva and aims to broaden the appeal of rail travel to groups more likely to travel
BELGIUM: Infrastructure manager Infrabel announced on January 25 that it had started work on a new national training centre, due for completion by the end of 2020 at a cost of €20m. Located next to Brussels Ouest station, the centre will bring together activities currently undertaken across Belgium, including initial training for the 500 new
AN ACS Group/Hochtief-led consortium has been selected as recommended developer for a $US 1.95bn public-private partnership (PPP) project to build an automated peoplemover at Los Angeles International Airport and operate it for 25 years. The consortium comprises ACS Infrastructure Development and Hochtief PPP Solutions, each with an 18% stake, plus Dragados USA, Flatiron, Fluor, Balfour
Freight operator Canadian National Railway (CN) has announced a record C$3.2 billion (∼€2.08 billion) for major infrastructure projects in 2018 to meet a growing demand for rail freight. President and CEO Luc Jobin said the programme will see CN invest more than it ever has before in network safety, efficiency and resiliency. For the third
Transport Scotland’s Bill Reeve cannot think of a more exciting time for the railways of the Highlands. His comment was part of his presentation to the annual HITRANS (Highlands and Islands Transport Partnership) Rail Stakeholder Conference held at Inverness on 29th January. Other speakers illustrated why his comment was justified. ScotRail Alliance managing director, Alex