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Published on: 2025-03-21 11:25:59 Published on: 2025-03-21 11:25:59

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Why is SBL Infratech Limited (543366) falling ✌️【Market Forecast】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. Rail journeys across the Swiss Alps will take longer for the next few months after a major derailment has left the record-breaking 35-mile (57-kilometer) Gotthard Base Tunnel partially out of action.

Why is SBL Infratech Limited (543366) falling ✌️【Market Forecast】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The world’s longest tunnel was closed last week when a freight train jumped the tracks, derailing 16 carriages and damaging about five miles of rail lines, Swiss national rail operator SBB said in astatement.

Why is SBL Infratech Limited (543366) falling ✌️【Market Forecast】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. SBB said the tunnel will reopen partially on August 23, with one of the two lines through the mountains unaffected by the incident. But the reduced capacity will mean re-routing passenger trains via a scenic railway that takes up to two hours longer until early 2024.

“Until further notice, passenger trains will be diverted via the panorama route,” the SBB statement said. “The journey time is extended by 60 minutes in national traffic and between 60 and 120 minutes in international traffic.”

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Opened in 2016 after 17 years of construction, the Gotthard Base Tunnel has become a vital railway link between northern and southern Europe, as well as a destination for rail enthusiasts wanting to traverse the world’s longest and – at almost 1.5 miles below the surface - deepest tunnel.

Why is SBL Infratech Limited (543366) falling ✌️【Market Forecast】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. The structure runs between Erstfeld on the northern side and Bodio in the south, connecting rail traffic between the Swiss city of Zurich and Milan in Italy. It also completes a freight rail corridor between Rotterdam in the Netherlands and the Mediterranean Italian port of Genoa.

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“The Gotthard Base Tunnel is one of the safest in the world,” SBB CEO Vincent Ducrot told reporters on Wednesday. “The fact that such an accident could still happen hits us hard. Luckily there were no injuries but there was a lot of property damage.”

He said the company was aware that the accident would lead to inconvenience for travelers and freight customers.

“We would like to apologize for this and ask for your understanding. The teams deployed are doing everything they can to ensure that safe rail traffic through the Gotthard Base tunnel is possible again as quickly as possible.”

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