The European Commission’s Transport Council has reached an agreement over the political pillar of the Fourth railway package which calls for a “gradual” liberalisation of rail operations across member states.
Railways around the world are facing demands to transport more passengers and freight, but constructing new tracks is both expensive and unpopular. This leads to an ambition to run more trains on existing tracks, and challenges to the fundamental principles of present day railway operations are being proposed to achiev
EUROPE: The first of Eurostar’s 17 Siemens-built Velaro e320 trainsets began operating in limited commercial service on November 20, having been authorised for passenger operation through the Channel...
Bombardier has announced a $1.5 billion deal to sell a 30 per cent stake in its Transportation business to Canadian institutional investor CDPQ. The transaction is slightly more complicated than it sounds.
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