Word: rails
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...Vinas informed U.S. officials of an Al Qaeda plot to blow up a Long Island Rail Road commuter train in New York's Penn Station, saying that he had provided them with details of the New York transit system. This revelation lead authorities to issue a Nov. 25 2008 terror alert...
Deutsche Bahn, Germany's national rail operator and the S-Bahn's parent company, says it was forced to take the commuter trains out of service after an accident on May 1 in which a carriage of a train derailed after a wheel broke. No one was injured, but the incident spooked authorities. The federal railway agency launched an investigation and issued several urgent safety recommendations. "According to new safety regulations imposed after the accident on May 1, we have to double-check and replace the wheels of our entire S-Bahn fleet more often than we used...
...total of 4,000 wheels will have to be replaced, and all the trains' axles will have to be checked. Meanwhile, union leaders are furious, saying that Deutsche Bahn should have made these fixes years ago. They accuse the rail operator of cutting corners to save money, putting the safety of its passengers and employees at risk. "We warned a long time ago, as far back as 2003, that there were faults on the wheels of Berlin's S-Bahn trains," says Oliver Kaufhold, a spokesman for the German rail union Transnet. "When a third of the city's engineering...
...Much of that investment growth came from the brute force of the government, which is directing bank loans to state-owned companies, which in turn have been building everything from high-speed rail networks to new highways and bridges across China. But economists were quick to note that other sectors of the economy besides construction now seem to be joining the party. In particular, property investment rose by nearly 18% in the quarter, well above what many economists had expected...
...first quarter of this year, Beijing reported 6.1% GDP growth, but electricity consumption overall in the country appeared to decline. How a country the size of China could grow by 6% yet use less electricity was puzzling. And in the first six months of this year, overall rail-freight traffic declined in China. Again, how that squares with accelerating growth is not clear. (Read "China's Economy: Rare Signs of Optimism...