Due to budget cutbacks, a lot of Germany's transportation infrastructure is in dire need of repair. A prime example is the world's busiest waterway, the Kiel Canal.
On August 12, a key north-south rail line at Rastatt, Germany, was damaged during nearby construction. Serious disruption to rail freight shipments resulted. Crews are working feverishly to repair a tunnel.
America's infrastructure is in a state of crisis. Roads and train lines are old, dangerous and cost the country billions of dollars in economic growth. Trump wants to repair damages but he is at the mercy of investors.
German rail operator Deutsche Bahn is back on the success track. After the first loss in more than a decade last year, new CEO Richard Lutz announced a decent net profit for 2016. But many challenges remain.
Indonesia has agreed to let a Chinese railway company build the archipelago's first high-speed rail line. Southeast Asia's largest economy is looking to upgrade its decrepit infrastructure, a major impediment to growth.
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