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Tesmec announce significant growth in domestic and international railway market
Tesmec have announced significant sales orders on the domestic and international railway market of an approximate total of €60 million.
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Funding & Finance
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CHSRA apply for federal funding to advance construction toward Bakersfield
The California High-Speed Rail Authority (CHSRA) has applied for new federal funding to expedite important safety improvements along the rail line in the Central Valley.
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Trebling rail freight can help support transition to net zero
Rail Partners have set out the need for an ambitious freight growth target to transform the sector over the next three decades.
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Global Railway Review Weekly News Roundup
Craig Waters, Editor of Global Railway Review, explores what made the headlines in the rail industry during week 03-07 October 2022.
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DelDOT and Amtrak awarded $11M for railroad worker training programme
The Delaware Department of Transportation, in partnership with Amtrak, have been awarded a U.S. Department of Labor grant to fund a training programme.
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HS2 open Innovation Accelerator project to harness the power of AI
HS2 has opened applications for tech start-ups and SMEs to join the Innovation Accelerator programme in order to help smooth the delivery of design changes.
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ORR publish report on Network Rail’s efficiency and financial performance
ORR’s report shows that despite Network Rail’s efficiency improvements, their wider financial performance missed its target by £487 million in 2021-2022.
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HS2 launch search for manager to run new Innovation Investment Fund
The chosen fund manager will act on behalf of partnership members to invest in transport construction start-ups working to deliver Britain’s new high-speed rail network.
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USDOT to expand financing programme for infrastructure projects
USDOT’s Transportation Infrastructure Finance and Innovation Act programme is designed to help reduce costs and speed the delivery of infrastructure projects.
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$330 million Auckland rail network rebuild to begin in 2023
KiwiRail will begin a $330 million rail network rebuild across Auckland in early 2023 which will help to future-proof the rail network for decades to come.
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BNSF to build state-of-the-art integrated rail facility in Southern California
BNSF are investing more than $1.5 billion to construct a new, first-of-its-kind integrated rail complex in Barstow.
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RIA calls on Government to reduce rail uncertainty
On the eve of the new Transport Secretary’s speech at the 2022 Conservative Party Conference, the RIA has called for the UK Government to provide more certainty to the rail industry.
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Oman-UAE rail network project discussed at inaugural meeting
The Oman Rail-Etihad Rail JV Company Board of Directors discussed implementation plans and technical studies to progress development of a joint railway network between the two countries.
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Three companies nominated for 2nd tender round of Rail Baltica mainline in Latvia
Companies from Italy, France, and Spain have been nominated for the 2nd round of construction supervision services for the Rail Baltica main line.
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Global Railway Review Weekly News Roundup
Craig Waters, Editor of Global Railway Review, explores what made the headlines in the rail industry during week 26-30 September 2022.
