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AUSTRIA: Austrian Federal Railways and Siemens Mobility have signed a five-year framework agreement...
ÖBB agrees €1.5bn deal with Siemens for long-distance trains
AUSTRIAN Federal Railways (ÖBB) has placed an initial €375m order for eight day trains and 13 night trains as part of a €1.5bn framework agreement it has signed with Siemens Mobility for a new fleet of long-distance trains, which includes the delivery of up to 700 passenger coaches over the next five years.
Aurizon rides highs and lows in 2018
AUSTRALIAN freight operator Aurizon has reported a 6% increase in underlying earnings before interest and tax (Ebit) to $A 941m ($US 658.2m) for the 2017-18 financial year, up from $A 884m the previous year, which the company says reflects increased coal volumes and business transformation outcomes achieved during the year.
Central Japan Railway subsidiary Nippon Sharyo is to close its US rolling stock plant in Rochelle,...