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SBB says rail traffic in the Gotthard Base Tunnel interrupted

WIL BALDWIN August 13, 2023

When a freight train derailed, the track system and a lane change gate in the Gotthard base tunnel were severely damaged. This safety-relevant device is required to separate the two tunnel tubes. Safety has top priority, which…

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Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

WIL BALDWIN August 10, 2023

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars,…

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Texas Central and Amtrak Seek to Explore High-Speed Rail Service Opportunities

WIL BALDWIN August 9, 2023

Washington, D.C. – Texas Central Partners (“Texas Central”) and Amtrak are seeking opportunities to advance planning and analysis work associated with the proposed Dallas-Houston 205-mph high-speed rail project to further determine its viability. Amtrak has cooperated…

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Eve and DHL Partner to Design a Supply Chain Concept for eVTOL Support

WIL BALDWIN August 9, 2023

Melbourne, Florida – August 9, 2023 – Eve Air Mobility (NYSE: EVEX) and DHL Supply Chain, a global leader in warehousing and distribution, announced today the signature of a Memorandum of Understanding (MoU) to conduct…

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Swiss Trains between La Chaux-de-Fonds and St-Imier are running again

WIL BALDWIN August 8, 2023

Swiss Federal Railways (SBB) reports after the severe storms that hit the La Chaux-de-Fonds region on Monday, July 24, 2023, the repair work is still ongoing. Since Saturday morning, July 29, 2023, the trains between La…

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Data Finds Overwhelming Support for Passenger Rail in America

WIL BALDWIN August 7, 2023

WASHINGTON, District of Columbia – Amtrak published survey findings today that demonstrate strong support from American voters for continued passenger rail investments, including infrastructure renewal and service expansion. Conducted by the Mellman Group and commissioned…

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Wizz Air orders a further 75 A321neo Family aircraft

WIL BALDWIN August 2, 2023

Toulouse, France, August 2, 2023 -Wizz Air (OTC: WZZZY), the fastest growing European ultra-low-cost airline, has signed a firm contract for an additional 75 Airbus (OTC: EADSY) A321neo Family aircraft, taking its total order for the…

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Lufthansa and HCS Group sign Letter of Intent on production & supply of Sustainable Aviation Fuel Made in Germany

WIL BALDWIN August 1, 2023

The Lufthansa Group (OTC: DLAKY) and the HCS Group have signed a Letter of Intent (LoI) to partner on the production and supply of Sustainable Aviation Fuel (SAF). From the beginning of 2026, the HCS…

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Finnair redeems its hybrid bond issued in 2020

WIL BALDWIN August 1, 2023

Finnair Plc (OTC: FNNNF) announces that it will exercise its right to redeem its EUR 200 million capital securities issued on 3 September 2020 (ISIN: FI4000441860) (the "Capital Securities"). The Capital Securities will be redeemed…

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Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

WIL BALDWIN July 31, 2023

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement…