Latest Business News
All the latest business news in the rail sector.
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DB Confirms Reports of Potential Service Between Germany and London
Deutsche Bahn (DB) has confirmed reports of a potential new Eurostar connection between Germany and London.
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ATP Releases Solicitation for Design and Construction of Austin Light Rail Phase 1
Austin Transit Partnership has released an official solicitation for the final design and construction contract of Austin Light Rail Phase 1…
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Amtrak's Heartland Flyer Service Faces Risk of Suspension
The Heartland Flyer rail service from Oklahoma City to Fort Worth is facing suspension unless the State of Texas allocates additional fundin…
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Brightline and JetBlue Partner to Combine Air and Rail Travel in Florida
JetBlue and Brightline have launched a new partnership designed to provide travellers with integrated air and rail travel in Florida.
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Federal Review Finds California High-Speed Rail Project in Default of Grant Terms
The US DOT has determined that the California High-Speed Rail Authority is in default of its federal grant terms, which may be terminated.
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ORR Calls for Applications for Cross-Channel Rail Services
The Office of Rail and Road (ORR) has reached out to both Eurostar and a number of new applicants looking to run cross-channel rail services…
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Via Rail Canada's On-Time Performance Declines, Ridership Falls
VIA Rail Canada has reported a decline in on-time performance during Q1 2025, falling to 30%, compared to 72% in the same period last year.
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Škoda Group Sees 74% Order Increase in 2024
Škoda Group has published its financial results for 2024, with its annual report declaring an increase of 74% in new orders
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DB Announces Summer ICE Discount Scheme
Deutsche Bahn (DB) has announced a number of new discounts for its ICE service over the course of the summer.
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Amtrak's Borealis Ridership Surpasses Expectations in First Year
Passenger demand for the Borealis train service between St. Paul and Chicago has exceeded expectations, serving more than 205,800 journeys.
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Uber Partners with Gemini Trains for New Cross Channel Rail Services
Uber has announced plans to introduce a series of cross-channel rail services through a co-branding partnership with Gemini Trains.
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Alstom Reports Solid FY 2024/25 Financial Results
Alstom has reported improved financial results for the fiscal year 2024/25, alongside confirming its medium-term targets.
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California High-Speed Rail Authority Increases Engagement with Private Sector
The California High-Speed Rail Authority is increasing its engagement with the private sector to progress the high-speed rail network.
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Leave the Plane, Take the Train: Rail Travel Set to See Sharp Increase by 2030
A study published by Hitachi Rail has found that the general public believe the coming years will see a significant increase in rail travel.
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Government Announces Funding for Rail Replacement Accessibility Improvements
Projects aiming to improve audio & visual information onboard rail replacement coaches are to receive a share of £800,000.
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Regional Leaders Propose New Liverpool-Manchester Railway
Regional leaders in Liverpool and Manchester have put forth proposals for a new Liverpool-Manchester Railway.
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Greater Anglia to Be Nationalised in October 2025
The Department for Transport (DfT) has announced that Greater Anglia will transfer to public ownership on 12 October 2025.
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Alstom Confirms Leadership Changes in Europe and AMECA Regions
Alstom has announced upcoming changes to its senior leadership team for Europe and AMECA regions, effective from 1 June 2025.
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Trafikverket Presents Vision 2050 Plan for Rail in Sweden
At the Train & Rail event in Stockholm, Lars Lindgren of Trafikverket presented Sweden’s Vision 2050 plan for its railway sector.
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US Transportation Secretary Announces $282.4 Million in Rail Work Grants
US Transportation Secretary Sean P. Duffy has announced a number of grants intended for rail programmes across the country.
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Canada: Metrolinx to Expand GO Transit Services in Hamilton
From 17 May, all Niagara-bound GO Transit trains on the Lakeshore West line will stop at West Harbour GO Station.
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SunRail’s Sunshine Corridor to Bring Rail Closer to Florida Tourist Attractions
The PD&E Study for the proposed Sunshine Corridor has been approved, paving the way for improved rail services in Central Florida.
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Deutsche Bahn Finalises Sale of DB Schenker to DSV
Deutsche Bahn (DB) has completed the sale of logistics subsidiary, DB Schenker, to Danish transport company DSV for 14.3 billion EUR.
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Stadler and Nexus Provide Update on New Tyne and Wear Metro Fleet
Nexus has provided further updates on the suspended rollout of its new fleet of Tyne and Wear Metro trains, manufactured by Stadler.