Rail Freight
KiwiRail on track with 29% increase in operating surplus
Despite the effects on the business of the Christchurch earthquakes, the Pike River disaster and the major slips at Kaikoura and in the Manawatu, KiwiRail still made substantial progress on its road to becoming a self-sustainable business, Chairman John...
Rail Freight
KiwiRail sees strong growth at Southdown Freight Terminal
KiwiRail's key Auckland rail freight terminal at Southdown has shown a 20% increase in container through-put in the past financial year, demonstrating a welcome endorsement by customers for the strategic direction being taken by the company.
During the 12 months...
Infrastructure
CSX to invest $59m for intermodal terminal expansion in Ohio
CSX has announced that a $59 million intermodal freight terminal expansion is underway in Columbus, Ohio.
This terminal expansion is part of the National Gateway initiative, linking deep water east coast ports with Midwestern markets.
The overall project covers six states...
Rail Business
QR National reports inaugural full year results
QR National has announced a 17% improvement in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to $813 million and a 35% increase in underlying earnings before interest and tax (EBIT) to $367 million for the year ended...
Rail Freight
SAIL Bhilai plant to roll out high grade steel for rail wagons
The Steel Authority of India Limited's (SAIL) Bhilai Steel Plant is developing special grades of steel plates used in the manufacture of railway wagons.
The new steel plates are customised for Titagarh Wagons, a government owned company, to manufacture high...
Rail Freight
Major freight rail network project is ahead of schedule in Queensland
QR National is on track to complete a major $195 million capital project six months ahead of schedule after achieving an important project milestone.
The Blackwater Power Project, which will nearly double the electrical capacity on the Blackwater rail system...
Rail Freight
Newcastle Port’s third phase expansion approved in Australia
​BHP Billiton has approved a further $367 million (BHP Billiton share) investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia.
BHP Billiton’s wholly-owned subsidiary, Hunter Valley Energy Coal Pty...
Rail Freight
CSX recovery operation continues following Hurricane Irene
Working as 'safely and rapidly as possible', CSX continues to recover from the impact of Hurricane Irene in the Mid-Atlantic and Northeast regions.
The company's freight operations are moving steadily towards full recovery, and commuter train services in the Washington,...
Infrastructure
Union Pacific Railroad invests $13m in track improvements on Utah line
Union Pacific Railroad has announced it will investment more than $13 million to enhance the rail line that runs from Provo to Lynndyl in Utah.
The more than 84-mile project includes removing and installing more than 106,000 ties, renewing the...
Rail Freight
KiwiRail ‘concerned at level of stock deaths’ on tracks
Livestock wandering in the railway corridor is 'dangerous for the animals, trains, and our customers', KiwiRail says.
The state-owned-enterprise has asked farmers to check their fences and gates alongside the 4000km of rail tracks throughout New Zealand to make sure...
Latest News
Major milestone reached in improving accessibility at Llanelli station
Network Rail has successfully installed the main span for the footbridge which will provide step-free access between the two...