Latest Business News
All the latest business news in the rail sector.
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Hitachi Rail Refiles Merger Notification for Acquisition of Thales' GTS
Hitachi Rail has refiled its merger notification with the European Commission to seek final clearance for the acquisition of Thales' GTS.
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Job Cuts Expected in Derby Due to Delayed Alstom Orders
Derby City Council has announced that it is seeking talks with Alstom in response to expected job losses at its Derby factory.
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Alstom Opens New Bogie Centre in Kazakhstan
Alstom has inaugurated its first bogie centre in Astana, Kazakhstan following a 15 million EUR investment.
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Škoda Partners with TATA AutoComp to Target India's Rail Market
Škoda Group has signed a MoU with TATA AutoComp Systems to focus on supplying manufacturing components for India's railway market.
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Brightline Delays Start of Orlando-Miami Service
Brightline has announced delys to its timeline, meaning it will not commence passenger services to Orlando from 1 September as planned.
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ORA Consortium to Operate and Maintain Line 15 South of the Grand Paris Express
Île-de-France Mobilités has awarded a contract to the ORA Consortium to operate and maintain Line 15 South of the Grand Paris Express.
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Mark Thurston to Step Down as CEO of HS2 Ltd
After six years at the head of HS2 Ltd, CEO Mark Thurston has announced that he will leave the organisation this autumn.
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UK: £15 Million for New Railway Research and Innovation Centre in Goole
The University of Birmingham has been awarded £15m by the UKRPIF to establish a new railway research and innovation centre at Goole.
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Train Companies Launch Passenger Consultation on Plans to 'Modernise' Customer Service
Train companies in England have launched a passenger consultation on plans to 'modernise' customer service across the rail network.
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Bundeskartellamt: Deutsche Bahn in Violation of Competition Law
Germany's competition regulator, the Bundeskartellamt has declared that Deutsche Bahn has violated competition law for mobility platforms.
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Amtrak Publishes Its Annual Sustainability Report
Amtrak has released its annual Sustainability Report detailing the ways it has reduced diesel usage and air emissions.
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Arriva Netherlands Submits Application for Cross-Border Open Access Rail Service
Arriva Netherlands has applied to start operating its first Open Access international train service between Groningen and Paris.
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CMA: Hitachi's Acquisition of Thales Could Reduce Digital Signalling Options
The Competition and Markets Authority (CMA) has provisionally concluded that Hitachi’s acquisition of Thales GTS could reduce competition.
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Network Rail Announces £44bn 5-Year Plan for CP7
Network Rail has published its 44 billion GBP five-year plan to improve the railway in England and Wales throughout Control Period 7 (CP7).
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LNER, Agility Trains and Hitachi Rail Sign Collaborative Relationship Charter
LNER, Agility Trains and Hitachi Rail have signed an agreement to define how they will effectively collaborate over the next three decades.
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US: New Funding to Advance Interstate Passenger Rail Networks
The FRA has announced the availability of 5.8 million USD in funding for the Interstate Rail Compacts (IRC) Program.
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CN, UP and GMXT Create Mexico-US-Canada Intermodal Service
Canadian National (CN), Union Pacific (UP) and GMXT have established Falcon Premium, an intermodal service between Mexico, the US and Canada…
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FRA Studies the Expansion of Amtrak Long-Distance Passenger Rail Services
The FRA has concluded a series of meetings with stakeholders on its Amtrak Daily Long-Distance Service study.
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CPKC and Schneider Sign Intermodal Transport Agreement
Schneider National has signed an agreement with Canadian Pacific Kansas City (CPKC) to provide an intermodal service on CPKC’s corridor.
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Canadian Pacific and Kansas City Southern Become CPKC
Canadian Pacific (CP) and Kansas City Southern (KCS) have officially combined to create Canadian Pacific Kansas City (CPKC).
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Giuseppe Marino Becomes Group CEO of Hitachi Rail
Giuseppe Marino has been appointed as the new Group CEO of Hitachi Rail and will now lead its expansion of capabilities and capacity.
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Union Pacific to Transfer Chicago Commuter Rail Services to Metra
Union Pacific has begun the process of transferring its three commuter rail service lines in Chicago to Metra.
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Deutsche Bahn Reports a Return to Profits
Deutsche Bahn has reported a return to profits for its financial year 2022, with DB Schenker in particular making strong contributions.
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TfL to Procure Additional Elizabeth Line Trains in Response to HS2 Delay
TfL has released its annual budget, revealing that it can now fully cover operational costs and invest in new and improved services.