Latest Business News
All the latest business news in the rail sector.
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Kazakhstan Railways and Alstom Announce New Cooperation Agreement
Kazakhstan Railways and Alstom have announced an expansion of their partnership with the signing of a new cooperation agreement.
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US: Norfolk Southern to Purchase Cincinnati Southern Railway
Norfolk Southern Railway Company (NSRC) will purchase all of the Cincinnati Southern Railway’s (CSR) assets for 1.62 billion USD.
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Testing of Tri-Rail Services to Begin at MiamiCentral Station
The South Florida Regional Transportation Authority will begin training and testing of Tri-Rail services at MiamiCentral Station.
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Alstom Study Advocates for the Development of Urban Rail in Africa
Alstom has published a study entitled, 'The Role of Urban Rail in Sustainable Africa,' with EY Climate Change and Sustainability Services.
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AECOM JV to Provide Programme Management Support for California High-Speed Rail
California High-Speed Rail Authority has selected AECOM's JV for programme management support on the California High-Speed Rail project.
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Alstom Opens Expanded Rolling Stock Plant in São Paulo
Alstom has opened an expanded rolling stock plant in Taubaté, São Paulo, strengthening the company's presence in Brazil.
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Arriva Netherlands Launches Night Train Service to Schiphol Airport
Arriva Netherlands has announced that it will start operating its first overnight trains from Maastricht to Schiphol on 16 December.
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Škoda Group Opens New Subsidiary in Italy
Škoda Group has opened the office of its new subsidiary in Florence, Italy to strengthen its international presence.
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Arriva Group Signs Rail Contract in Poland
Arriva Group has signed a new passenger rail contract in the Kuyavian-Pomeranian Voivodeship, Poland, which will run from 2023 to 2030.
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CHSRA to Restructure Track and Systems Procurement Due to Economic Challenges
The California High-Speed Rail Authority has said it would let the current track and systems procurement expire in order to restructure it.
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Alstom to Open New Regional Office in Saudi Arabia
Alstom is expanding its presence in Saudi Arabia by opening a new regional office and HealthHub digital centre in Riyadh.
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Fully Electric Rail Operator Lumo Marks First Anniversary with Two Key Achievements
Lumo has attracted one million passengers and seen rail overtake air travel as the preferred mode of transport between Edinburgh and London.
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Czech Republic: Alstom to Recruit and Train 200 Welders
Alstom is recruiting 200 welders for its Česká Lípa site in the Czech Republica as part of its plans to hire 7,500 new recruits this year.
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South Yorkshire Supertram to Be Publicly Owned and Operated from 2024
South Yorkshire Mayoral Combined Authority will take over control of Supertram services, infrastructure and finances from March 2024.
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Hitachi Rail Shares Final Designs of New Maryland Factory and Test Track
Hitachi Rail has unveiled the final designs for its new Washington County, Maryland train factory and 800-yard test track.
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Deutsche Bahn Sets New Recycling Targets
Deutsche Bahn’s (DB) CEO announced new ambitious recycling targets for 2030 at its Sustainability Forum in Berlin.
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Portugal: Alstom Opens New Engineering and Innovation Centre in Maia
Alstom has opened a new 460 square metre engineering and innovation centre in Maia, Portugal, which will initially provide 25 jobs.
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Union Pacific to Invest in Decarbonising Operations
Union Pacific has issued a 600 million USD green bond offering to fund investments that will decarbonise the company’s footprint and reduce …
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Crossrail to Share Expertise with Tel Aviv in New UK-Israel MoU
The UK Transport Secretary has signed a new partnership agreement with Israel to share expertise on large scale rail projects.
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Abellio UK and Nederlandse Spoorwegen Announce Management Buyout Deal
Abellio UK has announced a management buyout deal that will pave the way for a new UK-based company to take over its existing UK services.
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New CEO Announced for Eurostar Group
Gwendoline Cazenave has been named the incoming Chief Executive Officer (CEO) of Eurostar Group, succeeding Jacques Damas.
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Canadian Pacific and Kansas City Southern Merger Proposal Receives Clearance
Canadian Pacific has received regulatory clearance from the Committee on Foreign Investment to combine CP and Kansas City Southern.
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Deutsche Bahn Is Adding 1000 Service Staff on Its Long-Distance Services
Deutsche Bahn is adding almost 1,000 new employees to its service team for long-distance services in response to poor punctuality.
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Network Rail Signs Solar Power Agreement with EDF Renewables UK
Network Rail has signed a contract with EDF Renewables UK for the supply of 49.9MW of solar power for non-traction power requirements.