French Group SNCF acquires Belgian rail freight operator Railtraxx
Captrain Belgium, a subsidiary of the French Group SNCF Logistics, has acquired Belgian rail freight operator Railtraxx for an undisclosed amount.
PT Industri starts construction of rolling stock factory in Indonesia
PT Industri Kereta Api Indonesia, a state-owned train manufacturing firm, has broken ground for the construction of a rolling stock factory in Banyuwangi, Indonesia.
ADB sanctions $750m loan for electrification of rail lines in India
The Asian Development Bank (ADB) has approved a $750m loan to Indian Railway Finance Corporation (IRFC) to carry out electrification works on the rail lines.
UK backs full feasibility study into extending Borders Railway
The UK government has announced its support for a full feasibility study into extending the Borders Railway to Hawick, Newcastleton and on to Carlisle.