Latest Business News
All the latest business news in the rail sector.
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East Midlands Railway Launches 2025 Summer Sale
East Midlands Railway has unveiled its 2025 Summer Sale promotion, which offers up to 50% off selected Advance tickets across its network.
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Alstom Reports First Quarter 2025/26 Results
Alstom has published its financial performance for the first quarter of the 2025/26 fiscal year, covering 1 April to 30 June 2025.
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BART Reports Ridership Growth in San Francisco Bay Area
Bay Area Rapid Transit (BART) has reported a 13.4% rise in ridership for June 2025 compared with the same period last year.
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Network Rail Appoints Jeremy Westlake as Chief Executive
Network Rail has announced its appointment of Jeremy Westlake, current Chief Financial Officer, as its new Chief Executive.
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EU Doubles Key Rail Fund in Draft Budget
The European Commission has proposed a significant increase in funding for rail transport as part of its Draft EU Budget.
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New Survey Aims to Gauge Passenger Satisfaction on British Railway
A new survey has been launched that aims to gauge passenger satisfaction across Britain's railway network.
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Renfe Carries Record 277.4 Million Passengers in First Half of 2025
Spanish rail operator Renfe transported 277.4 million passengers between January and June 2025, setting a new ridership record.
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UK and Germany to Collaborate on Direct Train Services
The UK Government has formally agreed to work with Germany on plans for direct train services between the two countries.
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Amtrak Celebrates 250,000th Passenger on Borealis Service
Amtrak has announced that its state-sponsored Borealis train carried its 250,000th passenger over the Independence Day 2025 holiday weekend.
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US DOT Terminates $4 Billion in Funding for California High-Speed Rail
The US DOT is terminating approximately 4 billion USD in unspent federal funding allocated to the California High-Speed Rail project.
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VIA Rail Marks 120 Years of The Ocean Train Service from Halifax
VIA Rail Canada has celebrated 120 years of continuous service on The Ocean, the country’s oldest named passenger train.
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UK: Midland Main Line Electrification Project Paused Again
Leaders in the East Midlands have expressed concern following the UK Government’s decision to pause electrification on the Midland Main Line…
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DB Prepares ICE 3neo for Expanded Cross-Border Rail Services
Deutsche Bahn (DB) has announced plans to adapt up to 32 ICE 3neo trains for future international operations in France and Poland.
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California Transport Secretary Expresses Full Confidence in High-Speed Rail Project
At the 2025 APTA Rail Conference, Toks Omishakin, Secretary of CalSTA, offered a compelling vision for the future of high-speed rail.
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UK Government Confirms Funding for Key Rail Projects
The UK government has confirmed a series of major rail infrastructure investments as part of its 92.8 billion GBP Plan for Change.
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Taiwan: Hitachi to Deliver New Train Control System for Xidong-Keelung MRT
Hitachi Rail has been chosen to deliver its SelTrac CBTC and SCADA solutions for Gamuda, the main contractor for the NTCG DORTS.
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New Cross-Border Rail Link to Connect Prague, Berlin and Copenhagen
A new direct train service connecting Prague, Berlin, and Copenhagen is set to launch on 1 May 2026 using ČD’s ComfortJet trains.
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Alstom Spain Publishes Results for 2024/2025 Financial Year
Alstom Spain has announced its results for the 2024/2025 financial year, with the company posting sales worth €809 million.
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Tickets Available for Amtrak's Mardi Gras Rail Service Launching 18 August
Tickets are now on sale for Amtrak's new Mardi Gras Service between Mobile and New Orleans, which will launch on 18 August.
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DB Introduces New Summer Flat Rate for Young People on ICE and IC Services
A new flat rate for young people has been introduced on DB's ICE and IC services allowing customers to travel all weekend for €44.
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Northern, East Midlands Railway and TransPennine Express Expand Ticket Acceptance
Northern, EMR & TPE have expanded their ticket agreement to include a two hour window in the event of cancellations.
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Southeastern and Network Rail Kent Unite Under South Eastern Railway Leadership Team
Network Rail Kent Route and Southeastern have united to operate under a single leadership team, South Eastern Railway.
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Book Free and Discounted VIA Rail Tickets with Canada Strong Pass
This summer, children and young adults benefit from free or discounted VIA Rail travel across Canada with the Canada Strong Pass.
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VIA Rail Reports on Growth and Renewal in 2024 Amid Service Challenges
VIA Rail Canada has published its 2024 annual report, highlighting a year of growth and long-term planning amid operational constraints.