Latest Business News
All the latest business news in the rail sector.
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KCS Calls CN Bid 'Superior' as the US DOJ Says CN-KCS Merger Poses Greater Risk to Competition
Kansas City Southern has called Canadian National's acquisition bid superior to that made by Canadian Pacific, but the US DOJ has concerns.
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Alstom on Track for a Successful Integration of Bombardier
Alstom has published its 2020-21 results and provided an update on its continuing integration of Bombardier Transportation.
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FirstGroup Agrees Termination Fee with DfT for TransPennine Express
FirstGroup, the company that owns the train operating company TransPennine Express, has agreed a termination fee with the DfT.
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Canadian Pacific Files Formal Objection to Canadian National Merger Waiver
Canadian Pacific Railway has filed a formal objection with the Surface Transportation Board to the Canadian National Merger Waiver.
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Freight Operator Lineas Acquires Independent Rail Partner
The private rail freight operator Lineas has acquired Dutch operator Independent Rail Partner to strengthen its position in the country.
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Network Rail Listed Times Top 50 Employer for Women
Network Rail has been listed as a Times Top 50 Employer for Women for the year 2021 following steps by the organisation to be more inclusive…
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Hitachi Joins the US High Speed Rail Association
Hitachi Rail has joined the US High Speed Rail Association as a VIP Member in light of the Biden Administration's pro-rail stance.
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Canadian National Makes Rival Bid for Kansas City Southern
Canadian National has made a rival bid for Kansas City Southern and has filed a letter with the Surface Transportation Board.
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RegioJet and European Sleeper Partner on Prague–Berlin–Amsterdam–Brussels Night Train
RegioJet is partnering with Dutch start-up European Sleeper to provide night train services connecting Prague, Berlin, Amsterdam and Brussel…
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Shippers and Short-Line Railroads Express Support for the CP-KCS Combination
Almost 260 shippers and railroads have submitted letters of support to the STB for the proposed Canadian Pacific-Kansas City Southern merger…
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Alstom Acquires Helion Hydrogen Power and Flertex
Alstom has acquired Helion Hydrogen Power and Flertex to expand its expertise in the hydrogen and braking system markets respectively.
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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.