The latest projects, trends, and data from the rail industry
The latest project, trends and data from Rail Industry
In Numbers
$1.8bn
Trinity Rail Group has received a $1.8bn multi-year railcar supply order from GATX.
$793m
The Indian Government has announced a $793.5m (Rs65.2bn) investment for three rail projects in the state of Haryana.
€900m
Alstom has entered a €900m framework agreement with Rete Ferroviaria Italiana for the delivery of the European Rail Traffic Management System for central and southern Italy.
€616m
Italian industrial group Webuild and its consortium partner have secured a €616m contract for a section of the Palermo-Catania rail line in Italy.
€368m
Hitachi Rail has signed a €368m framework agreement with Azienda Trasporti Milanesi for new metro trains in Italy.
€300m
Construcciones y Auxiliar de Ferrocarriles has received a €300m contract from Spanish state-owned rail operator Renfe for the delivery of 28 electric battery-equipped trains.
$170m
Swiss-Swedish multinational ABB has been awarded orders worth $170m from Stadler Valencia to power more than 300 new trains and locomotives.
Projects
$2.1bn Metro K Line opens in Los Angeles
The $2.1bn Metro K Line, previously known as the Crenshaw/LAX Project, has officially opened in Los Angeles.
Bringing seven stations of light rail to South Los Angeles, the Metro K Line will be linked with the LAX People Mover and the Metro C Line.
Source: Railway Technology
$1.2bn METRONET Line opens in Perth
The METRONET Airport Line in Perth of Western Australia, a $1.18bn (A$1.86bn) project jointly funded by the Federal and State Governments, has been launched with the first train starting from High Wycombe Station.
The Commonwealth provided $311 (A$490m) for the project, while the State Government offered the remaining $870m ($1.37bn) for the line.
Source: Railway Technology
Philippines signs $1.87bn contracts for South Commuter Railway Project
The Department of Transportation in the Philippines has struck $1.87bn worth of civil works contracts for the South Commuter Railway Project, which aims to offer quick, affordable and sustainable transport in the country.
Asian Development Bank sanctioned $4.3bn of loans in June this year for carrying out the project, which is part of the North-South Commuter Railway network.
Source: Railway Technology
BNSF Railway to construct $1.5bn rail facility in California
US-based freight transportation company BNSF Railway is set to invest over $1.5bn for the construction of a new integrated rail complex in Southern California.
Set to be located on the west side of Barstow, the new Barstow International Gateway is being built on a site of around 4,500 acres.
Source: Railway Technology
In Quotes
Lord McLoughlin, Chair of Transport for the North, Responds to reports that Northern Powerhouse Rail is to be “axed”:
“We will wait to see in two weeks’ time what the Autumn Statement says, but the Chancellor made clear in his first statement to the House of Commons last month that he sees capital spending as vital to a credible economic growth strategy; and as TfN’s research has shown, on those terms alone Northern Powerhouse Rail (NPR) is beneficial to both the national and northern economies.
“In addition, the last Conservative manifesto was clear on its commitment to build NPR. And furthermore, the Transport Select Committee recommended in August, that the government should revisit the evidence base for the decisions that were made on NPR in the Integrated Rail Plan, and the Chair of that committee then is the new Rail Minister.
“TfN Members are clear that building NPR in full via Bradford is the best option to provide the solution to the capacity constraints on our rail network and underpin the long-term sustainable economic growth for our region.”
Source: PMLive
RMT general secretary Mick Lynch blames train cancellations in the UK on the PRIVATISED RAIL MODEL:
"Britain's broken privatised model has been exposed for being completely inadequate to the needs of running a modern railway. Companies that make huge profits from the industry and charge exorbitant fares to passengers are trying to blame staff for their shortcomings.
"The railway has a chronic shortage of staff and runs on goodwill and overtime. Only by removing the private companies and having a fully joined-up nationalised railway system consulting with the rail unions, can we begin to have an efficient railway fit for the 21st century.
"Instead, the UK Government intends to cut billions of pounds from the network while continuing to allow private companies to make millions of pounds in profit from the railways."