The Joint Position Paper from EU Member States shows that growing rail freight is a priority for the majority and has been welcomed by ERFA.
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Railways are often controlled by governmental or independent safety and economic regulators, responsible for ensuring that railway operators and infrastructure managers comply with certain laws and standards. Regulatory aspects include funding requirements, access to railway networks and controlling the licenses of the operators of railway assets. Regulators also enforce consumer/passenger protection law in relation to the railway.
What are the emerging and evolving topics around railway regulation, legislation and standards?
Through the acquisition, Wabtec will expand its installed base and accelerate growth across Nordco’s innovative product portfolio both domestically and internationally, while driving increased value creation for customers and shareholders.
It has been announced that ScotRail services will be provided within Scottish Government ownership from the expiry of the current ScotRail franchise, currently expected in March 2022.
ARA's Chief Executive Officer outlined that, with the relevant policy reforms, the country can deliver "a strong rail manufacturing and supply sector for the long term."
Mesela Nhlapo, CEO of the African Rail Industry Association (ARIA), says that it is now time to get all stakeholders working together to ensure South Africa's rail industry is driving forward the country's economy.
The UK rail industry has expressed its displeasure with the UK Chancellor’s Budget 2021, which lacked any visibility on upcoming rail schemes.
RIA has outlined three recommendations for the UK government to prioritise rail in the UK's recovery plans in order to support both the industry and the government's efforts to build back better.
Though a final preferred route for Northern Powerhouse Rail has been agreed upon, Transport for the North has agreed to delay submitting the business case until the UK government’s Integrated Rail Plan has been published.
The merger emphasises the leading role of the railway industry in the Kingdom of Saudi Arabia.
The bill will directly assist in funding projects in federally designated high-speed rail corridors to complete the project in California.
HS2's Phase 2a will see the beginning of construction of the next phase of the new high-speed railway between Crewe and Birmingham.
Pete Buttigieg, U.S. Transportation Secretary, recently met with Amtrak and transit officials as well as front line transit and rail workers to discuss the support going forward for transportation workers and additional COVID-19 relief funding.
ERFA has outlined that waiving and reducing track access charges remains the best way to assist the sector amidst the COVID-19 pandemic in a fair, transparent and non-discriminatory manner.
The Community of European Railway and Infrastructure Companies (CER) has collected data from its members which reveals the alarming financial impact of COVID-19 on railways.