Ares has agreed to acquire Infinity Transportation, a US railcar leasing business with about 50,000 railcars leased to more than 350 customers across the US, Canada and Mexico, for about $2.9 billion. Completion is expected in Q1 2027, subject to approvals.
UIC says the ERPC main group meeting in Rome will bring together procurement leaders from across the European rail sector.
SYSTRA, as part of the RMTC joint venture led by Parsons, has been awarded PMCM consultancy for the Riyadh Metro Red Line extension in Saudi Arabia. The project will add 5.4 km, eight stations, mostly underground tunnels, and connect Diriyah to the wider network.
Kelantan plans industrial and logistics development around the ECRL station in Cherang Tuli, Pasir Puteh, including processing industries, warehousing, a logistics hub and a proposed dry port in Bandar Baru Tok Bali. The state also wants supporting roads, distribution centres and last-mile logistics facilities.
UIC lists a Regional Chair Meeting on 3 Dec 2026 from 09:30 to 10:30. No further agenda or location details are provided in the text.
Kelantan says the ECRL station at Cherang Tuli, Pasir Puteh, will be supported by industrial, logistics and warehousing development, including a proposed dry port in Bandar Baru Tok Bali, to create jobs and local business opportunities.
UIC lists the 38th RAME event.
UIC lists the Regional Assembly Europe Assistants (RAEA) meeting on 24 Nov 2026 from 13:00 to 15:00.
Systra MVA Consulting (India) Pvt. Ltd. was the lowest bidder for Chennai Metro Rail Limited’s tender for a detailed project report for the proposed Kilambakkam–Chengalpattu metro extension in Tamil Nadu. The bid was ₹1.38 crore; the contract award is still pending.
Anthony Loke said ECRL is projected to generate RM418 million in revenue by 2029, with cargo services contributing 70% and passenger services 30%.
Parsons, with Systra and Egis in the RMTC joint venture, has been awarded project and construction management services for the Riyadh Metro Red Line Extension in Saudi Arabia. The 8.4-km extension will add five stations and connect King Saud University to Diriyah South.
The Transport Minister said the East Coast Rail Link is projected to generate RM418 million in operating revenue from passenger and cargo services by 2029.
Anthony Loke said the East Coast Rail Link (ECRL) is projected to generate RM418 million in operating revenue from passenger and cargo services by 2029.
MCMC is testing internet coverage along the 378km Phase 1 East Coast Rail Link route from Gombak to Kota Baru, including 16 stations and tunnels, ahead of the Dec 12 launch. Maxis, appointed by MRL as the 4G infrastructure provider, has presented its implementation plan.
Siemens completed its acquisition of MERMEC’s signaling, electrification, telecommunication, diagnostics and analytics businesses. The acquired perimeter includes about 1,700 employees and €430 million in fiscal 2025 revenue, with signaling contributing about 60% of revenue. Siemens said the businesses serve customers in more than 70 countries.
MRT Corp awarded a RM2.69 billion civil main contract to a CCCC-TRC Construction-Ufuk Semarak joint venture for the Penang LRT Mutiara Line cross-sea extension from Macallum to Penang Sentral. The 5.5km package includes a 3.05km bridge and is targeted for completion by December 2031.
Montenegro’s transport ministry has opened a World Bank-financed tender for the design, supply and installation of safety equipment at 22 railway level crossings.
The Malaysian government has approved over RM250 million to support ECRL development in Kelantan, including RM30 million for a new bus terminal at Kota Bharu ECRL Station and more than RM200 million for preliminary works on a proposed extension to Rantau Panjang.
Network Rail will replace the 160-year-old Selhurst railway bridge in London over the Christmas period. The old bridge will be removed using self-propelled modular transporters, and Selhurst Road will be closed from 12 December to 10 January while the station remains open.
An opinion piece says the ECRL is nearing a defining moment in Malaysia, with passenger service due to start on 12 December 2026. It highlights expected travel-time savings, dynamic fare pricing, concessions and the importance of first- and last-mile connectivity around stations.
Opinion piece argues that ECRL’s high cost, loan burden and limited ridership or cargo capacity make its financial return doubtful, and says its value should be judged by wider economic spillovers rather than operating profits.
BBG Infrastructure won a ₹137.93 crore DMRC contract to design and construct seven elevated metro stations and a foot overbridge for Delhi Metro Phase 4. The tender had two bidders, but only BBG qualified technically. The work period is 660 days.
TRC Synergy’s JV CCCC-TRC-UFUK accepted a RM2.69 billion contract from MRT Mutiara Sdn Bhd for Penang LRT Mutiara Line Package CMC2. The five-year scope covers a sea crossing viaduct with navigation spans, an elevated station, and associated works from Macallum to Penang Sentral.
MRT Corp awarded the RM2.69 billion Civil Main Contract 2 for the Penang LRT Mutiara Line. The package covers a 5.5km extension from Macallum to Penang Sentral, including a 3.05km sea-crossing bridge. The project is under construction and reported 16% complete.
UIC lists an Executive Board meeting on 3 Dec 2026, scheduled from 11:30 to 13:30.