Railway MarketReports

The Greenbrier Companies Inc and Astra Rail Management GmbH announced plans to form a new company, Greenbrier-Astra Rail, that will create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business. The combined enterprise will be formed between Greenbrier’s European operations headquartered in Swidnica, Poland and Astra Rail based in Germany…
Qalaa Holdings , an African leader in energy and infrastructure, confirms that preliminary negotiations are ongoing with several prospective local and international investors for the sale of its stake in Rift Valley Railways (RVR), the national railway of Kenya and Uganda. No official agreement or offer has been reached as…
THALES has entered into exclusive negotiations with Latour Capital, a private equity firm, with a view to selling its transport ticketing and revenue collection, road tolling and car park management business.Thales says the divestment plan, which was presented to the Thales Group's European Works Council on November 16, aims to…
AMTRAK achieved a record for unaudited ticket sales for the 2016 fiscal year, which ended on September 30, of $US 2.14bn which is $US 12m more than in 2015. The increased ticket revenue was due to a 400,000 rise in passenger journeys to reach a record 31.3 million. Amtrak says…
CSX Corporation Executive Vice President and Chief Operating Officer Cindy Sanborn updated investors and analysts at Baird’s 2016. Industrial Conference in Chicago regarding the company’s expectations for fourth quarter and full-year performance as well as progress on the company’s long-term strategy. “In the fourth quarter, we expect an eight cent…
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