Mundra to Bid for Australia Coal Terminal Rights

Mundra Port & Special Economic Zone has shown interest in acquiring the operating rights of a major coal export terminal in northern Australia, and expects to submit a formal bid by April 8, a senior executive said.

Indian Railway Finance Plans Overseas Debt Issue

Indian Railway Finance Corp plans to raise the equivalent of $650 million via foreign currency bonds or loans in the fiscal year that starts on April 1, a senior executive said.

Investment to Rise in Freight Rail

U.S. freight railroads plan to spend a record $12 billion on track repairs, locomotive purchases and other capital investments this year, but the industry's lobbying group said they could pull back on hiring and investment if efforts to re-regulate the industry succeed.

Aeroflot Wraps Up Boeing Deal

OAO Aeroflot completed a $2 billion deal with Boeing to purchase eight Boeing 777 airliners, with the first set for delivery in 2013.

Maersk Calm on Currency Volatility

China Takes the Aviation Stage

Posco, Lotte, CJ Group to Bid for Korea Express

Railroads Gain Leeway on Safety Rule

MTR Posts 25% Rise in Net