EghtesadOnline: Passenger rail services have experienced an 80% nosedive during the first half of the current Iranian year (March 20-Sept. 21), inflicting 14 trillion rials ($44.2 million) in losses to the Islamic Republic of Iran Railways and other rail transportation companies, according to the head of IRIR.
EghtesadOnline: As per a deal signed between the Islamic Republic of Iran Railways and Tidewater Middle-East Company, the latter will be investing 16 trillion rials ($70 million).
EghtesadOnline: Out of 800 million suburban trips to the capital city Tehran every year, only 5.7 million (around 7%) are undertaken by suburban trains, according to the head of the Islamic Republic of Iran Railways.
EghtesadOnline: The Islamic Republic of Iran Railways launched the direct transfer of containers from ship to train for the first time in 15 years on April 3 in cooperation with Ports and Maritime Organization and Government Trading Corporation of Iran, according to Saeed Rasouli, the managing director of IRIR.
EghtesadOnline: To speed up better rail links with Iran and for the revival of Economic Cooperation Organization (ECO) train service Pakistan railways has prepared a feasibility report of the ML-3 project, local media reported.
EghtesadOnline: Islamic Republic of Iran Railways’ negotiations with German officials to launch cargo trains between the two countries have been fruitful and the first train is expected to use this route next year, the deputy head of IRIR's International Affairs Department said.
EghtesadOnline: The 11th edition of the "OSJD International Freight Conference" hosted by the Islamic Republic of Iran Railways opened in Tehran on Tuesday.
EghtesadOnline: The Islamic Republic of Iran Railways has signed a memorandum of understanding with Iran’s Emergency Medical Services Organization to improve the health and safety of passengers, as well as IRIR staff by providing immediate relief to those affected by emergencies on railroads and train stations.