Latest Business News
All the latest business news in the rail sector.
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Canadian Pacific and Kansas City Southern Propose Merger
Canadian Pacific and Kansas City Southern, two Class 1 railroads, have agreed on a merger deal worth 29 billion USD.
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Greenbrier to Build 100 Intermodal Twin Wagons for GBRf
Greenbrier will build 100 60' intermodal twin wagons for GB Railfreight. Porterbrook will purchase the units and lease them to GBRf.
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Amtrak Restores 12 Long-Distance Routes to Daily Service
Following increased demand and with the help of Congressional funding, Amtrak will restore daily services to 12 long-distance services.
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Train Operator ODEG Wins Contract Extension on Baltic Coast
Train operating company ODEG (Ostdeutsche Eisenbahn GmbH) has been awarded the contract to run services on the Ostseeküste II network.
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Hitachi Rail Starts Welding Next-Generation UK Intercity Trains
Following an 8.5 million GBP investment at its site in Newton Aycliffe, Hitachi Rail has started welding and painting UK passenger cars.
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TfNSW Extends Network Rail Consulting's Digital Systems Integration Contract
Transport for New South Wales has extended Network Rail Consulting's digital systems integration contract until 2024.
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Deutsche Bahn and SNCF Sign Digitalisation Cooperation Agreement
Deutsche Bahn and SCNF have signed a cooperation agreement on digitalisation and technology to help drive ahead the European rail sector.
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Railway Staff in Britain Receive Disability Awareness and Equality Training
Railway staff in Britain are receiving disability awareness and equality training as part of requirements in the ORR accessibility guidance.…
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New European Rail Freight Connection between Belgium and Austria
MSC launches a new rail freight connection between Antwerp and Terminal Wien Süd, one of Austrian Federal Railways' terminals in Vienna.
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Transfesa Logistics Adds New Freight Connection in France
Transfesa Logistics has added regular weekly services to Dourges, France to its portfolio and is hoping to expand the number of services.
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DB's Head of Digitalisation and Technology to Leave in May
Deutsche Bahn's head of digitalisation and technology, Prof. Sabina Jeschke, is leaving the railway company in May 2021.
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BREAKING: Alstom Completes Acquisition of Bombardier Transportation
On 29 January 2021 Alstom has completed the acquisition of Bombardier Transportation with a combined order backlog of 71.1 billion euros.
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Bombardier to Increase Production Capacity in Belgium
Bombardier Transportation says it will increase its production capacity and hire up to 180 new employees at its facility in Bruges, Belgium.
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Railroad Spat Over Tennessee Pass Line
Colorado Pacific Railroad will challenge a deal between Union Pacific and Rio Grande Pacific to run rail services on the Tennessee Pass Line…
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Amtrak to Run Commuter Rail Services in Southern California
Amtrak will operate the Metrolink services in Southern California from 1 January 2021 to 30 June 2025, having beaten four competing bids.
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Agreement Reached on Crossrail Final Phase Funding
The Mayor of London, TfL, the DfT and the treasury have agreed a funding and financing package for the final phase of Crossrail.
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Alstom Announces Closing Date for Bombardier Acquisition
Alstom and Bombardier have announced the expected closing date for Alstom's acquisition of Bombardier Transportation.
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Class 1 Railroad CSX to Acquire Pan Am Railways
CSX, a United States Class 1 railroad, has announced that it will acquire Pan Am Railways, expanding its presence in New England.
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Train Operator Grand Central to Resume Services in December
Train operator Grand Central to resume services from December at a reduced level. These will be reservation-only to enable social distancing…
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Bombardier to Open an Engineering Academy in Cairo
Bombardier has announced it is opening an engineering academy in Cairo, Egypt, to train engineers for its monorail project in the capital.
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Alstom Provides Bombardier Transportation Acquisition Timetable
Alstom gives an update on its acquisition on Bombardier Transportation in its H2 2020 financial results, including a timetable of events.
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Railway-News Magazine Issue 4 2020
Issue 4 of 2020 of the Railway-News magazine, with features including Hydrogen Is a Distraction and the digital InnoTrans Convention.
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New Rail Research Centre Opens at Birmingham University
A new UKRRIN research centre specialising in digital railways systems has opened at the University of Birmingham.
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Bombardier's Siegen Site Achieves 10,000 Bogie Overhaul Milestone
Bombardier's bogie competence centre in Siegen, Germany has overhauled 10,000 bogies for more than 70 customers since opening in 2003.