Latest Business News
All the latest business news in the rail sector.
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Hitachi and Mitsubishi Sign MoU with Panama Metro to Deliver Monorail
Ansaldo STS, a joint-venture between Hitachi Rail Systems and Mitsubishi has signed a Memorandum of Understanding with Panama Metro (MPSA) f…
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New Zealand: KiwiRail Posts Strong Financial Results and Agrees Pay Deal with Union
KiwiRail has posted strong results for the 2017-18 financial year in spite of the Kaikoura earthquake in 2016 that had a negative impact on …
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China: Keolis Wins Contract for Operation of Tram Network in Shanghai
Shanghai Keolis, a joint venture between Shanghai Shentong Metro Group and Keolis, has agreed a five-year contract to operate and maintain t…
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United Wagon Company to Deliver Freight Cars to South America
The United Wagon Company (UWC) and TMH International AG, a subsidiary of JSC Transmashholding, have signed an agreement to develop freight t…
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UK: Hitachi Opens New Building at Newton Aycliffe Manufacturing Facility
Hitachi has opened a new building at its Newton Aycliffe Manufacturing Facility in the UK which builds intercity and commuter trains. The pr…
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Leo Express Second-Largest Open-Access Operator in Germany
Private Czech rail company Leo Express entered the German rail market in partnership with FlixTrain a year ago on 24 August 2017. It runs se…
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Australian Rail Track Corporation Solicits Suppliers for First Section of Inland Rail
The Australian Rail Track Corporation is soliciting suppliers for construction on the Parkes to Narromine section of the Inland Rail project…
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Bombardier to Provide up to 50 Multi-System Locomotives to CD Cargo
Bombardier Transportation and CD Cargo, the freight subsidiary of Czech Railways, have signed a purchase agreement for up to 50 of the newes…
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Bombardier Appoints Paul Brown as Managing Director for Australia
Bombardier Transportation has appointed Paul Brown as its new managing director for operations in Australia. His principle objective will be…
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Lucy Prior to Leave the Rail Alliance for RTS Solutions
Lucy Prior MBE, International Trade & Membership Development Director at the Rail Alliance, has announced her departure from the organisatio…
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High-Speed Rail Service Between China and Hong Kong Reaches Milestone
Hong Kong – On 16 August 2018 the Secretary for Transport and Housing announced that the Hong Kong section of the high-speed rail service be…
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EU Publishes Contingency Management Handbook for Rail
The European Commission has developed a Handbook for International Contingency Management. It features standards that will ensure rail traff…
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Polarteknik Awarded SCM Partner of the Year 2018 by Hitachi Rail
On July 3rd at the Hitachi Rail Supplier meeting in Firenze Palazzo Vecchio, Polarteknik was awarded SCM partner of the year 2018 in recogni…
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Stadler to Supply 71 Trains to the Wales & Borders Franchise
KeolisAmey, which was awarded the Wales & Borders franchise and the South Wales Metro service by the Welsh government, has ordered 71 trains…
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United Wagon Company Awarded Q2 Quality Status by Deutsche Bahn
Deutsche Bahn has approved United Wagon Company (UWC) to supply freight cars to the operator and assigned it Q2 quality status. The Tikhvin …
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Le Shuttle Freight: High Trade Volumes in July 2018
Le Shuttle Freight has published a report on its trade volumes for July 2018. The company recorded its best freight figures for that month o…
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UK: Hitachi Building Azuma Trains for London North Eastern Railway
Hitachi has started constructing a fleet of Azuma trains for London North Eastern Railway (LNER) to operate on the East Coast Main Line in E…
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Amtrak Unveils Interiors of its New Acela Express Trains
On 8 August Amtrak unveiled the interiors of its new Acela Express trains set to run on the company’s Northeast Corridor (NEC). Alstom is ma…
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China Railway Express Makes First Journey to Belarus
The first container freight train between Shijiazhuang and Minsk went into operation on 2 June. Departing Shijiazhuang, the capital and larg…
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Czech Republic: Leo Express Orders 15 LINT DMUs from Alstom
Leo Express has ordered 15 LINT DMUs from Alstom Transport and is currently negotiating approval of them from the Czech rail authorities. Th…
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Russia: TikhvinChemMash Sells 20 Tank Cars to GATX Rail Vostok
The TikhvinChemMash freight car plant, a subsidiary of United Wagon Company, has sold 20 15-6900 model tank cars to GATX Rail Vostok for the…
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UK: Angel Trains Appoints David Jordan as Chief Operating Officer
Angel Trains, a UK train leasing company, has appointed David Jordan as its new COO. Jordan, who has more than 25 years experience in the ra…