21 March 2024 (Germany)
Net capital expenditures from Deutsche Bahn's own funds reached a new high of almost EUR 7.6 billion, up more than 16% year over year.
In 2023, demand for train passenger service kept growing.
Significant advancements were also made by DB in its passenger services in 2023, including the addition of more links,
a larger and more contemporary fleet of vehicles, and more digital services.
Source
https://www.deutschebahn.com/en/presse/press_releases/Deutsche-Bahn-invests-a-record-EUR-7-6-bn-in-Strong-Rail-in-Germany-in-2023-12760244#
Recommended for you
Vossloh buys France Aiguillages Services (FAS), a service provider, and grows its service business in France
19 July 2024 ( France ) France Aiguillages Services (FAS), a business located in Bertrichamps, eastern France, has been acquired by Vossloh. The business provides a wide range of services for switches and related signaling systems. The French state-owned railway business SNCF is its biggest client. FAS is authorized to perform a wide range of technical inspections and maintenance services on switch systems and signaling installations inside the SNCF network due to its comprehensive approvals. Source https://www.vossloh.com/en/press/press-releases/detail/pressdetail_76160.html
3 days ago
Read MoreSydney Metro City launch target announced
08 July 2024 (Sydney, New South Wales) Next month, Sydney will be home to quick, secure, and dependable metro trains. The historic Sydney Metro City project is scheduled to debut on August 4. Launching is contingent upon the operator gaining final regulatory approvals, successfully completing trial running exercises, and passing system performance testing. A 15.5-kilometer stretch of metro rail will be added to the M1 Northwest & Bankstown route in August, expanding the current Metro North West route from Chatswood to Sydenham across the harbor and the Sydney CBD. Source https://www.sydneymetro.info/article/target-sydney-metro-city-launch-announced
3 days ago
Read MorePerth: A 10-year, $1.6 billion contract has been awarded to AD Alliance
18 July 2024 (Perth, Australia) A 10-year, $1.6 billion contract has been awarded to AD Alliance – a partnership between Alstom Transport Australia Pty Ltd and DT Infrastructure Pty Ltd – to design, supply, and build Perth's High-Capacity Signalling (HCS) project. The HCS project will replace and significantly upgrade the signalling and train control systems on Perth's rail network. This will allow more trains to run more frequently, ultimately increasing capacity by 40 percent. The HCS control technology will be housed in the new state-of-the-art Public Transport Operations Control Centre (PTOCC) in East Perth. This facility will serve as a central hub to ensure smooth and safe public transport operations, including incident management. Source https://www.pta.wa.gov.au/news/media-statements/futureproofing-perths-public-transport-network
5 days ago
Read More