Latest Business News
All the latest business news in the rail sector.
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Alstom Announces Green Rail Mobility Innovation Centre for Quebec
Alstom has announced that it will establish an innovation centre for green rail mobility solutions at its Americas headquarters in Quebec.
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DB Becomes First Intermodal Partner of the Star Alliance
Deutsche Bahn (DB) will become the first intermodal partner of the Star Alliance, the world's largest global airline alliance.
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Alstom Transfers ETR 1000 Platform to Hitachi Rail Following Bombardier Acquisition
Alstom has concluded the transfer of Bombardier Transportation’s contribution to the ETR 1000 high-speed train to Hitachi Rail.
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UK: Rail Journeys Double Post-Pandemic
More people are returning to rail travel post-pandemic according to the latest figures from the UK’s Office of Rail and Road (ORR).
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Alstom Names New Managing Director for India
Olivier Loison has been named the new Managing Director of Alstom’s India cluster, taking over from Alain Sphor, who is retiring.
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Union Pacific Joins RailPulse’s Campaign to Broaden GPS Use in US Freight Rail
Union Pacific Railroad has joined RailPulse, becoming the coalition’s seventh member, joining companies such as GATX,TrinityRail and Watco.
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DB Cargo UK Puts Safety First with New Campaign
DB Cargo UK launches new campaign to promote safety excellence throughout the business called 'Together. We’re Safer. Together. We’re DB’
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Alstom and PKN ORLEN to Cooperate on Hydrogen Trains in Poland
PKN ORLEN and Alstom have signed a strategic cooperation agreement for the supply of zero-emission trains and hydrogen fuel.
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SWISS and SBB Strengthen Partnership with SWISS Air Rail Announcement
Swiss International Air Lines and SBB Swiss Federal Railways are expanding and renaming their intermodal rail/air travel product.
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UK: New Tool Launched to Help Measure Rail Industry’s Social Value
A new tool has been launched to help measure the social value of rail investments, infrastructure projects and day-to-day operations.
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SJSC Latvijas Dzelzceļš and Uzbekistan Railways Announce Plans for Closer Collaboration
SJSC Latvijas dzelzceļš and Uzbekistan Railways aim to work more closely to increase freight transport volumes between Latvia and Uzbekistan…
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UK: Priority Seating Week Marks Fifth Anniversary of TfL’s ‘Please Offer me a Seat’ Badge
Priority Seating Week marks five years since Transport for London launched its ‘Please Offer me a Seat’ badge.
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Siemens Mobility Announces Relocation of Berlin Development and Production Site
Siemens Mobility has announced plans to move its Berlin development and production site to a new 26,420 square metre facility in Aldershof.
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DB Speeds Up Project Implementation and Spends 2021's Allocated Funds
Deutsche Bahn (DB) has been able to reduce its residual expenditure on expansion projects by half a billion euros.
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Network Rail Suppliers Sign Up to Science-Based Targets Climate Change Initiative
Over two thirds of suppliers (67%) have committed to Network Rail’s science-based targets initiative aimed at limiting carbon emissions.
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Back in Black: Deutsche Bahn's Goal for 2022
DB expects a positive operating result in the current financial year, with sales predicted to hit over 48 billion euros (53bn USD) in 2022
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Govia Thameslink Railway Awarded National Rail Contract Following ERMA
GTR will continue to operate the Thameslink, Southern and Great Northern rail services, having been awarded a new contract by the DfT.
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VR Group Strengthens Position with Acquisition of Arriva Sverige
VR Group has announced its acquisition of Arriva Sverige – part of passenger transport company Arriva Group, which is owned by Deutsche Bahn…
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US: Hitachi Rail to Build New Manufacturing Hub in Washington County, Maryland
Hitachi Rail has chosen Washington County, Maryland as the location for its new $70m manufacturing site.
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Turkey: High Speed Electric Rail Line Funding Guaranteed by UK Government
The UK is helping finance a new high speed electric railway line in Turkey that will connect Ankara with Izmir.
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LSER Issued with £23.5 Million Penalty over Breach of Contract
LSER has been issued with a penalty notice of 23.5 million GBP by the UK government, following a 'serious' breach of its franchise agreement…
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Stadler Annual Report Highlights Record-Breaking Results
Stadler has shared the findings of its 2021 annual report, detailing historic revenue and order figures from the rail manufacturer.
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Amtrak Recognises Canadian Pacific as Best Host Railroad 2021
Amtrak has recognised the Class 1 railroad Canadian Pacific as the best host railroad of 2021, keeping Amtrak passenger services on time.
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Alstom Signs Strategic Partnership Agreement Worth One Billion Euros
Alstom has signed a partnership agreement with export credit agency KUKE worth €1b to facilitate contract executions and secure financing.