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KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn

USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …

Railway Gazette Железные дороги
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UK Transport Minister shows faith in rail freight private sector

“I was told in parliament the other day that the rail freight companies are, quote, ‘not in the most organised shape to drive growth’ – and I disagree”, the UK Minister of Transport Peter Hendy said. At the unveiling of Freightliner’s new logo and loco, Hendy underlined the importance of private players and the need f…

RailFreight.com Средний коридор
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Hospital train proposed for military evacuations and civilian disaster response

GERMANY: Siemens Mobility and Lufthansa Technik Defense have agreed to develop jointly a train for cross-border military medical evacuations and civilian disaster response. Ahead of the Berlin Security Conference on November 3-4 the companies signed a memorandum of understanding to combine their decades of experience …

Railway Gazette Средний коридор
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India Sees Some Trade Relief, New Risks After Democrat Sweep

Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer of uncertainty in an already fragile relationship.

gCaptain Железные дороги
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German operators demand corridor detour costs be covered in DB funding deal

Germany’s rail freight operators are demanding federal compensation for diversions forced by the Generalsanierung corridor renovation programme, which they estimate will cost more than €100 million this year. Their association Die Güterbahnen wants around €15 per train-km and penalties for DB InfraGO’s overruns paid t…

RailFreight.com Железные дороги
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Sweden chooses cheapest route for Norrbothnia Line

Swedish transport administrator Trafikverket has picked the cheapest alternative improve traffic along the Norrbothnia Line, a missing link along the TEN-T Scandinavian-Mediterranean Corridor. The decision follows an order from the government to rein in costs on the line’s unbuilt northern section. The Swedish transpo…

RailFreight.com Железные дороги
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Iran Says Four Oil Tankers Destroyed by Mines Near Strait of Hormuz

Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Wednesday, as attacks on vessels in the region intensify while crude oil flows have dipped from recent highs. The f…

OilPrice.com Порты и суда
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ÖBB holding to take control of passenger and freight arms in major restructuring

AUSTRIA: The coalition government has agreed the biggest restructuring of the state-owned ÖBB group in more than two decades, which is expected to cut costs by around €80m a year. The governing coalition of the conservative ÖVP, the social democratic SPÖ and the liberal NEOS agreed a plan to restructure the ÖBB group …

Railway Gazette Железные дороги
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Bulgaria unveils plan to put more grain on rail

The Bulgarian government is looking to put more grain on freight trains amid worries concerning the recent attack on Black Sea ports. Around five million tonnes of Bulgarian wheat risk remaining unsold, with vessels refusing to use the countries’ ports to avoid risk of being bombed. Sofia’s ministries of transport and…

RailFreight.com Железные дороги
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Created for fuel, Türkiye’s first private rail freight operator broadens its horizons

Türkiye is not exactly known for having a bustling and thriving rail freight industry. Regardless, its rail sector seems to be on a modest growth trajectory with major infrastructure projects and a recently liberalised market. RailFreight.com spoke with the country’s first private operator, Körfez Ulaştırma, about its…

RailFreight.com Средний коридор
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Barking reopening recedes into mid November

It’s proving very difficult to clear the 23 October Barking derailment. The intermodal freight train that came off the rails, blocking the East London station, has done more damage than originally estimated. Recovery and restoration, according to stakeholders, will take until at least next week. However, 10 November i…

RailFreight.com Средний коридор
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ERA Executive Director to speak at inaugural Railway Gazette Summit

EUROPE: As the European rail landscape undergoes a period of profound transformation, the 2026 Railway Gazette Summit will be debating opportunities for building a resilient, competitive and sustainable railway sector. A detailed programme can be found here . Hosted by Railway Gazette International Executive Editor Ni…

Railway Gazette Средний коридор
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Urban rail industry news round-up

This week’s round-up of news from the global urban rail transport sector, from Railway Gazette International . On October 29 Wuhan opened two more sections of its metro network. The second phase of Line 12 between Gangduhuayuan and Moshuihu Park via the north and west of the city joins the two ends of Phase 1 opened o…

Railway Gazette Средний коридор
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U.S. Coast Guard Detains MSC Cruise Ship in Miami

The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after the vessel remained in port for two...

gCaptain Порты и суда
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Qatar’s US LNG Bet Signals a New Energy Order

Turning to your biggest rival is rarely a sign of confidence. Yet Qatar's decision to sign long-term contracts for US supplies suggests the world's second-largest LNG exporter is increasingly concerned that instability in the Gulf could undermine its ambitious expansion plans.

gCaptain Торговля
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New Jersey Governor Warns Ports Against Handling Russian Diesel

New Jersey Governor Mikie Sherrill is warning port and terminal operators not to accept Russian diesel shipments heading toward the U.S. East Coast, arguing that the Trump administration’s authorization of...

gCaptain Порты и суда
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Dubai Benchmark Slips Into Contango for the First Time Since July

The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…

OilPrice.com Порты и суда
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Prime Minister inaugurates Pune Metro Line 3

INDIA: The 23.3 km Pune Metro Line 3 (Pink) was inaugurated by Prime Minister Narendra Modi via video link on November 3, with passenger services scheduled to start the following day. Developed by a joint venture of Siemens and Tata under a PPP agreement, the elevated line with 23 stations is intended to halve travel …

Railway Gazette Средний коридор
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Former USS Enterprise Begins Final Voyage to Alabama for Dismantling

The former USS Enterprise (CVN 65), the world’s first nuclear-powered aircraft carrier, departed Newport News Shipbuilding in Virginia under tow on Monday, November 2, beginning its final journey to Mobile,...

gCaptain Порты и суда
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Italy approves rail investments for €5.4bn

Italy’s draft budget law for 2027 allocated €5.43 billion to the national rail network over the next two years. The funds will be sent to infrastructure manager RFI, with the Terzo Valico project getting the largest share of the funds with €1.6 billion. According to article 77 of the bill, the ‘Services’ part of the p…

RailFreight.com Средний коридор
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War Widens in the Black Sea in a Test of NATO Red Lines

After seven strikes on cargo ships near NATO members Romania and Bulgaria last month, the US-led military alliance said it would deploy maritime patrol aircraft, radars and drones to bolster its eastern flank in the Black Sea.

gCaptain Порты и суда
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Celebrate the best of UK rail at the 2027 Rail Business Awards

UK: Organisations across the UK rail and metro sectors have until 23.55 on November 13 to submit entries for the next Rail Business Awards , which will take place on March 11 2027 in Newcastle-upon-Tyne. Established as the first national awards for the UK railway sector, the prestigious Rail Business Awards recognise …

Railway Gazette Средний коридор
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Kazakhstan and Azerbaijan agree: “Superferry” and new intermodal terminal for Middle Corridor

Kazakhstan and Azerbaijan are planning a joint intermodal terminal at the Baku International Sea Trade Port. In addition, the two countries want to launch regular high-capacity ferry services between the ports of Alat and Kuryk, dubbed “Superferry” in Azerbaijan. Both projects target freight on the Middle Corridor. Th…

RailFreight.com Средний коридор
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Renfe updates safety protocol as investigators analyse Urda collision

SPAIN: Renfe has introduced a new safety directive for high speed operations, requiring trains to halt and proceed at a maximum speed of 40 km/h under visual supervision after cab signalling failures. The decision follows the fatal Urda collision that killed at least 69 people. Most Spanish high speed lines are equipp…

Railway Gazette Железные дороги
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Melbourne Airport Rail Link moves two steps closer to realisation

AUSTRALIA: The Victorian Infrastructure Delivery Authority has announced the preferred bidder to rebuild Sunshine station as part of Stage 1 of Melbourne’s long-planned Airport Rail Link. It has also committed to starting Stage 2 works in 2028, leaving the final stage without a timescale. The airport rail project is b…

Railway Gazette Железные дороги
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Saudi Aramco Profit Beats Expectations as Oil Prices Soar

Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…

OilPrice.com Аналитика