The world's high-speed rail (HSR) infrastructure is primarily concentrated in Asia and Europe, with these regions accounting for 90% of the global infrastructure and over 95% of the operational fleet.
Helrom has closed a loan financing agreement with DAL Deutsche Anlagen-Leasing and Société Générale worth €34.5 million.
The Škoda Group has signed contracts with the Egyptian National Railways (ENR) for the modernisation and maintenance of at least 280 electric diesel locomotives.
This is the first time that the EU has committed funds to railway projects in Ukraine, reflecting the country's efforts to integrate its railway system with the European Union.
At its meeting last week, the Swiss Federal Council approved a report on liability rules in rail freight transport. The report shows that today the railway undertakings are almost always liable in the event of accidents - even when private wagons are involved.
The project aims to connect the new CPK airport to the rail network, reducing travel time between the two cities.
The European Bank for Reconstruction and Development (EBRD) has announced a loan of €200 million to Ukrainian Railways (Ukrzaliznytsya or UZ).
The project, connecting Xiong'an and Shangqiu cities, spans over 600 kilometers and aims to enhance mobility and drive economic development in the region.
DP World aims to increase the share of rail in its logistics operations and remove an estimated 30,000 tonnes of CO2 from customers' supply chains.
The new plant aims to streamline operations, improve service quality, and potentially double production to 80 wheelsets per month.
Tesmec Rail and Škoda Group forge partnership to revolutionize the rail industry with green solutions
The integrated green product, combining Tesmec Rail vehicles with Škoda Group's electrically-powered traction solutions, will serve the rail diagnostics, catenary construction and maintenance vehicle markets.
The acquisition of Optrail S.r.l. by Siemens Mobility has been completed. Optrail S.r.l. is an Italian technology company that develops novel algorithms for traffic management systems (TMS) using operations research and mathematical optimisation techniques.
This equipment will increase train reliability and availability, improving connectivity and sustainability in Europe's high-speed rail system.
Despite challenges at the beginning of 2022, rolling highway operator RAlpin recorded a 4% increase compared to the previous year.
In the context of the new investment of the Chinese company COSCO in the Port of Hamburg, RAILMARKET.com NEWS interviewed Petr Rožek, Managing Director of the Association of Forwarding & Logistics of the Czech Republic. At the recently concluded Transport & Logistic trade fair in Munich, we've been interested in his views on future logistics relations between Europe and China.
In the first quarter of 2023, Combined Transport in Europe experienced a significant decline of 13.96% compared to the same period in the previous year, reports Union Internationale Pour le Transport Combine Rail-Route (UIRR).