Latest Business News
All the latest business news in the rail sector.
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Abellio Rail Folds in Germany, Concessions Given to Other Operators
Following ongoing financial problems, NS-subsidiary Abellio will cease operating in Germany, with concessions awarded to other operators.
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Alstom Invests in Morocco with New Transformer Production Line
Alstom will build a new production line in Morocco in order to manufacture on-board transformers in-country.
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Go-Ahead Launches First Bavarian Services
Go-Ahead has launched its first services in the German state of Bavaria, following the launch of services in Baden-Württemberg in 2019.
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Canadian Pacific Shareholders Vote in Support of CP-KCS Merger Agreement
Canadian Pacific (CP) shareholders have voted in favour of the CP - Kansas City Southern (KCS) merger agreement.
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Network Rail Plays its Part in Fighting Period Poverty
As part of an initiative to help tackle period poverty, Network Rail has begun offering free sanitary products at Leeds station.
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Arriva Group Signs Six-Year National Rail Contract with DfT for Chiltern Railways
Arriva Group, which owns the Chiltern Railways operating company, has signed a six-year National Rail Contract with the DfT.
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Alstom and MOL to Explore Use of Hydrogen Technology on Hungarian Rail Network
Alstom has signed an MoU with oil and gas company MOL to explore the use of hydrogen technology for rail transport in Hungary.
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Hitachi to Acquire Bombardier's Contribution to the V300 ZEFIRO from Alstom
As part of Alstom's acquisition of Bombardier Transportation, the companies agreed to divest a number of assets, including the V300 ZEFIRO.
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Canadian Pacific and Kansas City Southern Reach New Milestone in Merger Saga
Canadian Pacific and Kansas City Southern have now received the necessary regulatory approval from Mexican authorities regarding their merge…
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ORR Finance Report: Rail Industry Recovering from Pandemic
The ORR has published its Rail Industry Finance report for 2020–21, showing that the sector is recovering from the coronavirus pandemic.
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Alstom and Liebherr Collaborate on Optimisation of Hydrogen Fuel Cells
Alstom and Liebherr – Aerospace and Transportation SAS have signed a collaboration agreement aimed at optimising hydrogen systems.
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The New Silk Road is Booming for DB Cargo
A new DB Cargo subsidiary, DB Cargo Transasia, has been established in Shanghai due to the popularity of the New Silk Road rail route.
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Alstom Agrees to CAF Asset Transfer
Alstom has agreed to hand over its Reichshoffen production site and Coradia Polyvalent and TALENT3 platforms to CAF.
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New Partnership Focuses on Optimising Hydrogen Train Refuelling
Hynamics has signed a new partnership agreement with Alstom to reduce the time needed to refuel hydrogen trains.
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Alstom Formally Opens New Indian Manufacturing Facility
Alstom formally opened its new manufacturing facility in Coimbatore, India with a ceremony attended by France’s Ambassador to India.
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The Railway-News Magazine Issue 5 2021 Is Here!
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Deutsche Bahn Launches More Station-Based Coworking Spaces
Deutsche Bahn (DB) is launching four new everyworks co-working facilities in main stations across Germany.
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Brightline Begins Testing Ahead of Return to Service in Florida
Brightline has begun testing its full operating train schedule between West Palm Beach and Miami in preparation for its return to service.
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Stadler to Appeal Against Austrian Court’s Decision to Nullify OEBB Award
Stadler is to appeal against an Austrian Court’s decision to nullify a contract it had been awarded by the Austrian Federal Railways (ÖBB).
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Alstom to Modernise São Paulo Factory
Alstom is investing €14m to modernise its Taubaté factory in Brazil following the signing of multiple national and international contracts.
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ORR Statistics Show Rail Passengers Returning
New figures from the Office of Rail and Road show that UK rail travel started to rebound between April and June 2021.
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DB Cargo and DHL Deepen Partnership to Move More Parcels by Rail
Deutsche Post DHL and Deutsche Bahn are expanding their partnership with new connections that will allow more parcels to travel via rail.
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Canadian Pacific Offer Declared ‘Company Superior Proposal’ by KCS Board
Kansas City Southern’s (KCS) Board of Directors has deemed Canadian Pacific’s (CP) proposed merger agreement a ‘company superior proposal’.
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New Operator Lumo Aims to Compete with Domestic Flights between London and Edinburgh
New open access operator Lumo will offer direct, fully electric rail services between London and Edinburgh starting at £14.90 for a single.