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The ARA welcome plan for Cross River Rail opening
The release of SEQ Rail Connect, which sets out the blueprint for connecting Cross River Rail to the wider rail network, has been welcomed by the ARA.
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Regs & Legs
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?
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DB Group returns to profitable business
For the first time since the COVID-19 pandemic, the revenues of the DB Group rose up to 28.4 per cent as DB generated €876 million in operating profit in first half of 2022.
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Rail declaration in support of Ukraine’s railways sent to EU leaders
A joint declaration signed by 32 rail companies and organisations, including CER, pledging assistance to Ukraine’s railways has been sent to EU leaders.
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BNSF partner with NWSA to open rail hub at Port of Tacoma
BNSF are partnering with NWSA to open a new Tacoma South facility to help meet increased intermodal demand in the Seattle region.
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Midlands Connect submit Shrewsbury-Black Country to Birmingham plan
Analysis by Midlands Connect shows that trains could run at 90 miles-per-hour along the new route, cutting journey times.
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EBRD announce investment in first green infrastructure bond in Morocco
EBRD have invested MAD 200 million (€19.2 million equivalent) in green bond for Moroccan rail operator Office National des Chemins de Fer du Maroc (ONCF).
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Network Rail formally move ahead with maintenance reforms
Network Rail have started the legal consultation process with its trade unions on maintenance reforms to modernise and improve efficiency.
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Kazakhstan Railways receive EBRD funding boost
EBRD have announced an investment of KZT 50 billion (up to US $100 million) in Kazakhstan Railways local bond issue to improve the financial resilience of the national rail operator.
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Key documents on future regulation of the rail network published by ORR
ORR have published four documents about the future regulation of the GB rail network, with three of these supporting ORR’s 2023 periodic review.
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Union Pacific sign largest modernisation deal in rail history with Wabtec
Union Pacific have signed a deal worth more than $1 billion with Wabtec for 600 locomotive modernisations featuring a suite of digital solutions and innovations.
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Government of Canada invests $18.3 million in four projects
The Government of Canada has announced an investment to help improve the efficiency of rail networks in Regina and southern Saskatchewan.
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The ACCC will not oppose Aurizon’s proposed acquisition of One Rail
The Australian Competition & Consumer Commission have announced that, after consideration, the proposed acquisition of One Rail by Aurizon will not be opposed.
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1,000 days pass since last update of RNEP
RIA have warned that increasing delays to the latest update of the RNEP are causing communication issues and project budget cuts.
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RIA and Women in Rail launch first ever EDI Charter annual report
RIA and Women in Rail have published the 2022 EDI Charter annual which showcases best practice in how to embed an inclusive culture in modern rail organisations.
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ORR’s annual health and safety report highlights improvement in track worker safety
ORR have released their annual health and safety report which covers the period between 1 April 2021 and 31 March 2022.
