Australia’s railways have been left scouring for scraps after the latest Federal Budget overwhelmingly prioritises road infrastructure. A total of $8.6bn has been set aside for transport, of which ...

Progress Rail has signed an agreement to acquire Downer EDI’s freight rail business, Downer Freight Rail, an Australian railcar company. Headquartered in North Ryde and with 15 maintenance facilities ...

Australia has one of the fastest rates of population growth in the developed world. In Australia, the estimated residential population has soared by more than 380,000 in the past 12 months, according ...

Progress Rail Services Corp., a wholly owned subsidiary of Caterpillar Inc., said Tuesday, July 1, 2014 it has signed a definitive agreement to purchase Pacific Rail Engineering's (PRE) track business ...