Tag Archives: Rail

Malaysia's Mahathir cancels China-backed rail, pipeline projects

Malaysia's Mahathir cancels China-backed rail, pipeline projectsKUALA LUMPUR/BEIJING (Reuters) – Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded $ 20 billion East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be canceled for now, according to media reports. Mahathir made the comments while addressing the media in Beijing during his five-day trip to China. The Prime Minister’s office confirmed the comments Mahathir made to reporters in Beijing.



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The Latest: 7 rail cars from freight train derail

The Latest: 7 rail cars from freight train derailPITTSBURGH (AP) — The Latest on freight train derailment in Pittsburgh (all times local):



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BREAKING: Freight train derailment suspends inbound and outbound light rail service in Pittsburgh, Pennsylvania

BREAKING: Freight train derailment suspends inbound and outbound light rail service in Pittsburgh, PennsylvaniaA Norfolk Southern freight train derailed sending train cars crashing onto the light rail tracks below at Station Square in Pittsburgh, Pennsylvania, on Sunday.



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South Korea plans £26bn rail link with Russia in wake of North Korea summit

South Korea plans £26bn rail link with Russia in wake of North Korea summitA $ 35 billion (£26 billion) railtrack that would link North and South Korea to Moscow is among a flurry of ambitious economic projects being discussed in the wake of the Singapore summit between Kim Jong-un and Donald Trump, the US president.  The fragile international détente has spurred a wave of excitement among global investors keen to capitalise on the opening up of the mineral-rich hermit kingdom, despite sanctions over its nuclear and weapons programmes still remaining in place.  Key to that investment would be an upgrade of North Korea’s creaking infrastructure and ageing railway system, stretches of which can only allow slowing moving trains travelling at about 30mph, reported the website, Noon in Korea.  On a rare South Korean state visit to Russia at the weekend, President Moon Jae-in suggested a “Northern Silk Road” that would enable the connection of the whole of the Korean Peninsula with the Trans-Siberian railway, the longest railway line in the world and a key transport link to Europe.  Mr Moon, accompanied by South Korean rail officials, made his proposal to President Vladimir Putin, Prime Minister Dmitry Medvedev, and the Russian parliament, along with plans to boost energy links across the region and to raise South Korea-Russia trade to over $ 30 billion by 2020.  Moon Jae-in held talks with Vladimir Putin, the Russian president, at the weekend Credit: Sergei Karpukhin/Reuters Draft proposals reportedly suggest a high speed line connecting the South Korean capital, Seoul, with Sinuiju, on the border with China, via Pyongyang.  “Among the trilateral cooperation on the railway, electricity, and energy, connecting railways (between Russia and the two Koreas) appears to be most likely,” Mr Moon told Prime Minister Dmitry Medvedev, reported the Korea Herald.  “Through permanent peace on the Korean Peninsula, I’m hoping that the Trans-Siberian Railway will extend all the way to the southern port city of Busan, where I grew up. I hope you will join our efforts to open up new possibilities and common prosperity on the Korean Peninsula,” he told the parliament.  President Moon is said to have given Kim Jong-un a thumb drive containing the railway plan during their summit at the end of April, as part of a series of economic incentives to push him along the path to peace.  The South Korean president, who has staked his reputation on building stronger ties with the North, has also repeatedly suggested an East Asian bid, including North Korea, to host the World Cup in 2030.  According to South Korean media reports, he reiterated the idea to FIFA boss, Gianni Infantino, while watching South Korea’s two-nil defeat to Mexico on Saturday.  Besides grand designs for future relations, ties between the two Koreas are warming slowly day by day.  South Korea may be planning a joint World Cup bid with North Korea  Credit: Sergei Savostyanov/TASS Senior South and North Korean army officials met on Monday to discuss moving artillery on the northern side of the border, primarily aimed at Seoul, and also the restoration of telephone and fax lines to avoid military clashes.  Pyongyang’s relations with Washington also appear to be on track since the Singapore summit, although a senior US defence official stressed over the weekend that the US would soon present North Korea with a timeline of “specific asks” on denuclearisation.  “We’ll know pretty soon if they’re going to operate in good faith or not,” the official told reporters travelling with James Mattis, the US defence secretary, on a trip to Asia.  On the surface, however, Pyongyang has made conciliatory gestures to its once sworn enemy.  On Monday it took the small but significant decision to skip one of the most symbolic and politically charged events of the year: the annual “anti-US imperialism” rally marking the start of the Korean War in 1950.  In addition to toning down its anti-US rhetoric, North Korea has also reportedly transferred the remains of soldiers who died in the 1950-53 war to the border with South Korea.  Over the weekend, US forces moved 100 coffins to receive the bones, although verification of identities will be a long process.  More than 36,500 US troops died in the war, and about 7,700 military personnel remain unaccounted for.  Despite the rapprochement, North Korea’s dire human rights situation remains a sore point that is apparently still off the agenda for talks.  On Sunday, Pyongyang made the bold demand for South Korea to scrap a state-run foundation intended to improve rights in the reclusive North.  North Korean propaganda website, Uriminzokkiri, called the foundation a “plot against our republic” that “ought to be buried away.”  



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Malaysia axes project to build high-speed rail link with Singapore

Malaysia axes project to build high-speed rail link with SingaporeBy Liz Lee and John Geddie KUALA LUMPUR (Reuters) – Malaysia is cancelling a project to build a high-speed rail link between its capital, Kuala Lumpur, and Singapore, and will talk with its southern neighbor about any compensation Malaysia has to pay, Prime Minister Mahathir Mohamad said on Monday. Mahathir, the 92-year-old who triumphed in a general election this month, has made it a priority to cut the national debt and pledged to review big projects agreed by his predecessor that he says are expensive and have no financial benefit. “It is a final decision, but it will take time because we have an agreement with Singapore,” Mahathir told a news conference referring to his scrapping of the project, valued by analysts at about $ 17 billion.



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Pelosi continues to rail against Republican tax cuts

Pelosi continues to rail against Republican tax cutsRepublicans consider 'phase 2' of the tax cuts. Tax Foundation's Scott Hodge gives his take.



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Norfolk Southern pushing for 'more stable' rail service in 2018: CEO

Norfolk Southern pushing for 'more stable' rail service in 2018: CEONorfolk Southern Corp is working toward a “more stable, resilient” network for 2018 following service issues in recent months, the No. 4 U.S. railroad’s top executive said on Thursday. Norfolk’s rail network, which spans 22 states across the eastern United States, grappled with a storm in the Southeast earlier this month and struggled with other service issues such as periodic crew shortages in 2017.



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Harvey may cause long-term disruption on Houston's rail tracks

Harvey may cause long-term disruption on Houston's rail tracksThe closure of rail lines in the grain transport hub and nexus for cross-border traffic with Mexico presents a costly headache for customers ranging from automakers to farmers who use the lines to send ethanol, cereals and auto parts to and from Mexico or to be loaded onto ships. The top two U.S. railroads, Union Pacific Corp and Berkshire Hathaway Inc’s BNSF Railway, have suspended operations in the area affected by the storm, as has regional railroad Kansas City Southern.



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Backlash in Hong Kong over China rail link

Backlash in Hong Kong over China rail linkA plan for mainland border staff to be stationed on Hong Kong soil as part of a new rail link to China sparked a backlash Tuesday as concern grows about Beijing’s reach into the city. It is illegal for mainland law enforcers to operate in semi-autonomous Hong Kong under the city’s mini-constitution, the Basic Law. The rail link plan comes at a time when fears are worsening that Hong Kong’s freedoms are under threat from an ever more assertive Beijing.



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Thailand approves $5.2bn for delayed China rail project

Thailand approves $  5.2bn for delayed China rail projectThailand’s military government on Tuesday approved $ 5.2 billion to build the first stretch of a high-speed railway that will ultimately link Bangkok to southern China, a massive joint infrastructure project with Beijing that has been dogged by delays. The project is part of China’s huge regional infrastructure plan to build a high-speed rail network connecting the southern city of Kunming with Laos, Thailand, Malaysia and Singapore. “The Cabinet has approved phase one of the high speed railway… from Bangkok to Korat with 179 billion baht ($ 5.2 billion) budget for a four-year plan,” said Kobsak Pootrakool from the Prime Minister’s office.



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