Latest Business News
All the latest business news in the rail sector.
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California High-Speed Rail Disputes Proposed Termination of Funding
The California High-Speed Rail Authority has issued a response to the FRA's proposed termination of two key funding agreements.
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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.