The European Investment Bank (EIB) and transport company Transito agreed on a loan to finance 12 new electric double-decker trains. The loan concerns 480 million Swedish kroner, equivalent to 47.3 million euros.
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The new Labour Party government has announced its team of ministers in charge of transport. The new Prime Minister, Keir Starmer, has appointed his shadow team to the substantive roles. The surprise appointment has been the call for Peter Hendy, the chairman of Network Rail, to give up that post and become the Rail Minister.…
The UK railway industry has expressed high hopes for change in the legislative regime, commensurate with the new government elected last week. The supply chain, represented by the Railway Industry Association, has welcomed the new Prime Minister and his cabinet.
The British General Election has seen a sweeping change of government in Westminster. The left-wing Labour Party has taken an overall majority. They have won more than 400 of the 650 seats in the British Parliament. Labour has routed the ruling right-wing Conservative Party. Now, their duty is to deliver their election manifesto, which includes…
In the United States, competition in the intercity rail market is the answer to the almost unusable Amtrak network. The independent non-profit association, ALLRAIL, has called for the federally bankrolled operation to face competition from the private sector. The call from the association comes as the influential Transportation and Infrastructure Committee has heard that Amtrak’s…
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