U.S. based General Electric (GE) has announced it has inked a $2.6 billion contract to supply India with 1,000 diesel locomotives. The deal is scheduled to take 11 years to complete. GE will also build […]
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Tag: Railways
Oil By Rail Faces Tough New Regulations, Eventually
U.S. and Canadian regulators unveiled tough new regulations on Friday that will require railways to transition to tougher tank cars and use new braking systems for trains carrying flammable liquids. The long-awaited steps are aimed […]