U.S. supports GE train deal with Kazakhstan

Wednesday, November 28, 2012

The U.S. Export-Import Bank signed a credit agreement with Kazakhstan Temir Zholy (KTZ), Kazakhstan's state-owned national railway company, and KTZ's subsidiary Joint Stock Company Lokomotiv for $425 million to support the sale of about 200 General Electric locomotives and kits to KTZ. “This transaction was initially held up because of outdated systems and processes,” Ex-Im Bank Chairman and President Fred P. Hochberg said in a statement. “That prompted us to change our way of doin...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.