Development of railway transport, the future shape of the TEN-T network and energy prices. These were the main topics of an informal meeting of the Council of Ministers for Transport in Prague. The heads of the ministries also discussed how to make railway transport more attractive and reliable. “The strengthening […]
The Department of Transportation’s Federal Railroad Administration will make more than $16 billion available to improve rail by the end of this year alone.
The 30-year concession, with the potential of a 20-year extension, has been awarded to a consortium comprising Trafigura Pte Ltd (“Trafigura”), a market leader in the global commodities industry, Mota-Engil Engenharia e Construcao Africa SA (“Mota-Engil”), an international construction and infrastructure management company and Vecturis SA, an independent rail operator.