Saudi Arabia: The national operator Saudi Railway Company (SAR) struck a SAR 200 mln (approx. $53 mln) agreement with the Italian Arsenale Group.
UK: Nexus says that before entering customer service, some of the systems on the five-car 555 Class trains must undergo additional tests in very specific conditions.
Brief overview of key events and news in the rail rolling stock markets.
India: The country's Railway Minister Ashwini Vaishnaw told this to the media after presenting the $30.4 bln railway budget for the fiscal 2024.
Italy: It cost €1.8 mln for Lombardy’s regional passenger operators Trenord and FNM to refurbish a four-car train, increasing its service life to ten years.
Austria: Maschinenfabrik Liezen und Gießerei has produced the first of 40 piggyback wagons ordered by Helrom, a start-up rail freight company.
UAE: The four-car trainset carried a delegation of representatives from Etihad Rail and oil company Adnoc from Abu Dhabi to Al Dhannah City, 250 km away.
USA: The railcar manufacturer based these estimates on the results of its first fiscal quarter, which ended last November.
Ukraine: According to the operator, 427 container flatcars, 50 dump cars, 50 1,520 mm grain hoppers, and one 1,435 mm grain hopper were built at its Panyutino, Darnitsa, and Stryi car repair plants.
