China is again increasing infrastructure spending to bolster economic growth amid the continuing drag of Covid-19 and a weakening global economy, with observers noting a corresponding rise in debt. The official Xinhua news agency notes that capital spending on infrastructure rose almost 7% during the first five months of 2022 compared with […]
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U.S. freight railroads are asking policymakers in advance of a Congressional hearing to understand that rail employees and technology work together to continually improve safety and move goods. The most environmentally efficient way to move goods over land, railroads are also urging lawmakers and regulators to understand that policies that reduce rail’s […]
Free from the rigors of the daily commute, traveling by train is by far the most civilized way to get around and really get to know a new country.We all have our favorite journeys, whether it’s conquering the Alps on a cogwheel railway or streaking across the rooftops of Tokyo […]
At the 31st General Meeting of Stadler Rail AG, the shareholders today approved the dividend proposal of CHF 0.90 and all other proposals of the Board of Directors. The shareholders confirmed the position of Peter Spuhler as Chairman of the Board of Directors and the appointment of all the other […]
The Nigerian Federal Ministry of Transportation in collaboration with National Chamber Policy Centre and her partner, African Railway Consulting Limited, is to host a global railway conference between August 11th and 12th, 2022 at the Abuja Trade and Convention Centre. The conference (RailAfta) which has as theme: ” Powering African […]
The country’s ongoing railway modernisation project has the potential to catalyse the economy and requires the federal government to fast-track its completion with safety guarantees, James Emejo writes There is no doubt that the railway system remains the fulcrum of economic development and prosperity of any economy. Its ability to […]
No fewer than 700 firms have submitted documents as the Nigerian Railway Corporation (NRC) opens bid for the 2022 capital projects, with an estimated N12b budget. The Director of Procurement, (NRC), Ben Iloanusi, who disclosed this in Lagos said that the corporation had not began evaluation, authentication and validation, as […]
The Director General of Tanzania Railways Masanja Kadogosa and Erden Arioglu, the Deputy Chairman of Yapi Merkezi signed a USD 1.9 billion (TZS 4.4 trillion) contract for the construction of Makutupora – Tabora line, part of the Standard Gauge Railway network. The ceremony was held at State House grounds in […]
Today, the world economy consumes more than 100 billion tons of materials every year – minerals, ores, fossil fuels, crops, and trees. The materials used by the global economy have grown fourfold since 1970—much faster than the population, which has doubled. Between 2018 and 2020, the consumption of natural resources […]
The objective of Europe’s Rail Joint Undertaking is to deliver a high capacity integrated European railway network by eliminating barriers to interoperability and providing solutions for full integration, covering traffic management, vehicles, infrastructure and services, aiming to achieve faster uptake and deployment of projects and innovations. That should exploit the […]