DB boss Mehdorn tenders resignation
THE chief executive of German Rail (DB) Mr Hartmut Mehdorn offered to resign today after the company admitted spying on its workforce.
Alstom and Transmashholding sign partnership agreement
ALSTOM and Russia’s largest rolling stock manufacturer, Transmashholding (TMH) have signed a strategic partnership agreement aimed at developing new products in the Russian and Commonwealth of Independent States markets.
Californians remain upbeat on fed aid for HSR
California’s federal elected officials celebrating voter approval of Proposition 1A in November said they would pursue federal funding to advance the state’s high speed rail plan. Despite economic turmoil, those vows appear to be intact.
Savage Services acquires Quality Rail Services
Salt Lake City-based Savage Services Corp. says it has agreed to acquire the assets and the locomotive and rail services business of Quality Rail Services LLC, based in Golden, Colo. Terms were not disclosed.
Deadline extended for proposed trucker pay cuts
Overland Park, Kan.-based YRC Worldwide, Inc. said Monday a deadline for a vote on an immediate 10% pay cut and other contract modifications for union workers has been extended by one week, to Jan. 6, 2009.