Banks might not finance Argentinian high-speed rail project

Financial crisis does not only affect the banking industry. In France, is seems it now reaches the “real” economy. A few days ago, French bank Groupe Caisses d’Epargne announced some €600 million losses, and this might eventually affect… the Argentinian high-speed rail project! Quick explanation: Alstom, part of a consortium, won the call for tender for the [...]

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French parliament adopted the "eco-tax" law

Loi Grenelle I (Grenelle I law) adopted, measures follow… Following up with the Environment Roundtable (Grenelle de l’Environnement), the French Parliament approved on Oct. 16, 2008, the eco-tax law for trucks. The tax will be applied to all trucks over 3.5 tons on French roads, starting at best in 2011. The tax will embraces all [...]

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In brief: Kuehne + Nagel to take over Alloin

Swiss K+N to buy French Alloin Group Swiss logistics group Kuehne + Nagel signed a contract agreement to take over the French distributor Alloin Group (mail, bulking). Kuehne + Nagel thus reaches one of its strategic goal by extending its ground distribution network in France and Belgium. The company is specialized in domestic mails deliveries [...]

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In brief: TruckMaster Fuel Finder, cheaper gas on your route!

Find the cheapest diesel on your route! In a period of financial crisis, when gas prices go mostly up (even when the barrel goes up and down), TruckMaster Logistics Systems, Inc. launched its free “Fuel Finder“. Users may enter any two cities in the United States, and have returned to them fuel stops on the [...]

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In brief: SNCF to test 350+ kph high-speed trains

Today, French high-speed trains ride at a maximum speed of 320 kph… roughly 200 mph. Thinking it could be improved, SNCF, the French national railway company, is now testing its trainsets at speed up to 360 kph! By 2015, SNCF expects that several parts of the French network could have TGV trains running at 360 [...]

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Des autoroutes maritimes pour décongestionner les routes américaines

Dans un communiqué, le Ministère fédéral américain des Transports (US Department of Transportation, U.S. DOT) a annoncé la mise en place d’un plan nationale destiné à réduire la congestion routière, par la création de nouvelles autoroutes maritimes. Jusqu’à 25 million de dollars pour déplacer le fret par voie maritime et fluvial Le Gouvernement fédéral américain [...]

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Eurotunnel traffic will completely restart by Feb. 2009

Eurotunnel, the company operating the Channel tunnel, also known as “Chunnel”, awarded a consortium composed of Freyssinet, Eurovia, and Vinci to repair the damages occured during a fire on Sep. 11, 2008. The construction work are estimated at less than €60 million and could be finished by mid-February 2009. In this renovation project, Freyssinet will [...]

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Le financement fédéral d'Amtrak réautorisé

13 milliards de dollars pour Amtrak sur cinq ans La Chambre des Représentants du Congrès américain et le Sénat ont adopté, respectivement le 24 septembre et le 1er octobre 2008, un texte de loi accordant l’attribution de 13 milliards de dollars de financement fédéraux pour la compagnie nationale de transport ferroviaire de passagers Amtrak. Ce [...]

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France-Portugal: toward a new "sea-highway"

A taskforce to promote a short-sea shipping link between France and Portugal Earlier this year, on April 14, 2008, Dominique Bussereau (French Transportation Secretary) and his Portuguese counterpart Ana Paula Vitorino decided to create a taskforce to promote the development of a sea-highway between both their countries. Two initiatives launched on October 2, 2008 As [...]

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SNCF to acquire 20 pc of the Italian railroad NTV

SNCF, the good partner for NTV According to latest updates, Nuovo Trasporto Viaggiatori (NTV), first Italian private company in high speed rail passenger transport, has chosen SNCF as a reference industrial partner. SNCF will invest as much as 20% capital into NTV’s. Through this partnership, NTV expects in the short-term to benefit from the SNCF [...]

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