South Africa’s National Treasury cut its spending budget for new infrastructure projects and said state-owned companies will have to finance their own expansion plans instead of relying on the government.
South Africa’s Gautrain Management Agency, which manages the country’s first underground high-speed train service, said the government will endorse a 25-year plan for the construction of new routes across the nation.
Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned that the cargo is adding environmental and safety hazards, something that analysts say could raise costs.
More than 100 San Francisco Bay Area Rapid Transit police officers had their personal information hacked and posted online, marking the second major cyber attack against the rail agency in the past four days.
The Passenger Rail Agency of South Africa needs a 5 billion rand cash injection from the government to start its fleet modernization program, Business Day reported, citing Chief Executive Officer Lucky Montana.
The European Railway Agency will publish a report today backing Eurostar Group Ltd.’s plans for the introduction of new, German-built trains to the Channel Tunnel, the Financial Times reported, citing a draft copy of the report.
San Francisco Bay Area Rapid Transit shut down its MyBART site yesterday after a hacker obtained the contact information of at least 2,400 users, a move that the Internet group known as Anonymous said it orchestrated.