Railways of Iraq
News and information about railroads in Iraq, plus other odds and ends
News from Railway Gazette International- Hamburg-Köln Express launched Thu 5th November 2009GERMANY: A joint venture of US-based Railroad Development Corp, Locomore Rail GmbH and London-based investor Michael Schabas has announced that they have established an open-access inter-city passenger operation in Germany. Branded Hamburg-Köln Express, the venture will launch three train pairs between the two cities on August 15 2010. The trains will ser […]
- Train lessor looking east Thu 5th November 2009EUROPE: The Railpool leasing joint venture of HSH Nordbank and KfW IPEX-Bank is aiming to expand its presence in eastern Europe, according to Account Director Torsten Lehnert, who was speaking during the Nordic Rail 2009 event. ‘Our focus is to go east, perhaps into Hungary or Romania’, said Lehnert. ‘We are looking to partner with companies who are e […]
- Berkshire Hathaway to buy BNSF Thu 5th November 2009USA: An agreement for Berkshire Hathaway to acquire the 77·4% of Burlington Northern Santa Fe Corp it does not currently own was announced on November 3. BNSF Corp is the holding company which owns and manages one of the largest Class I railroads in North America through principal operating subsidiary BNSF Railway Co. Closure of the deal is expected durin […]
- Hamburg-Köln Express launched Thu 5th November 2009