Rail

China to scale back high-speed rail projects

Posted on February 22, 2012

BEIJING — China's high-speed rail project has run out of money and will be scaled back dramatically this year, according to The Telegraph.

Out of 23 current railway projects, some 70% have been suspended, partly suspended or delayed. Having run up enormous debts, the Chinese Railways ministry is struggling to persuade banks to continue to finance its ambitions. For the full story, click here.

 

 

 

View comments or post a comment on this story. (0 Comments)

More News

Chicago Transit replacing airport escalator damaged in train wreck

The train wreck, which occurred in the early morning of March 24, 2014, when the operator allegedly fell asleep, injured more than 30 people and caused roughly $9 million in damage. The lead railcar had to be cut up to remove it from the escalator.

DART takes delivery of first streetcar for new service

The vehicle, which was a designed and built by Brookville Equipment Corp., will be the first streetcar in the U.S. that utilizes wireless traction power.

NJ TRANSIT marks Newark Penn Station's 80th year

Opened in 1935, Newark Penn Station is listed on both the State and National Registers of Historic Places. The station was originally designed and still operates as an intermodal facility serving pedestrian, taxi, bus and private vehicle traffic generated by the more than 50,000 transit customers who use the station each day.

Calgary Transit trains, buses breaking down more often

Part of the problem is an aging fleet, according to officials. Calgary Transit placed a $200-million deal in 2013 to buy 60 new light rail vehicles; however, those vehicles will not be operational until 2016.

Alstom to develop zero-emission train

The new trains for Hermann-Hesse railway line will be completely emission-free. In times of increasing energy costs and higher level of pollution, the development of this technology is essential.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close