Latest Business News
All the latest business news in the rail sector.
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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.
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Deutsche Bahn Migrates Its Entire IT to the Cloud
Deutsche Bahn has completed the migration of all of its IT to the cloud, a project begun in 2016 and completed two years ahead of schedule.
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HS1 Ltd Launches Sustainability Strategy
HS1 Ltd has lauched its sustainability strategy, unveiling the goal of becoming the first UK railway run entirely on renewable energy.
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Bombardier Transportation to Sell Asset in Huehuetoca, Mexico
Bombardier is divesting one of its assets in Huehuetoca, Mexico: it is selling the activities of EWIS to Motherson Rolling Stocks (MRS).
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UK DfT and Arriva CrossCountry Sign Agreement
The UK Department for Transport and Arriva CrossCountry have signed a three-year agreement to align the franchise with the ERMAs.
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Siemens Mobility Overhauls 500th Bogie at Its Lincoln Service Centre
Siemens Mobility has overhauled its 500th bogie at its Bogie Service Centre in Lincoln, which opened in November 2018.
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DB Consortium Wins Contract in Uruguay
Deutsche Bahn International Operations, as part of a consortium has won a major rail freight line operating contract in Uruguay.
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Siemens Mobility Wins German Mobility Award for RRX
Siemens Mobility has won the German Mobility Award 2020 for its 'RRX - digital and optimally networked' project. There were 300 entries.
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Deutsche Bahn to Open New ICE Maintenance Plant in Nuremberg
Deutsche Bahn has announced it is opening a new maintenance facility for ICE trains in Nuremberg. It is due to be ready in 2028.
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Bombardier to Open Global Innovation Centre in Sweden
Bombardier has announced it is opening a Global Innovation Centre to develop energy-efficient propulsion systems for transport in Sweden.
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First Heavy Rail Contract Awarded to Keolis in Australia
Keolis has won a 1.32 billion euro contract to operate and maintain Adelaide's commuter rail network for a period of eight years.
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Alstom Signs Sale and Purchase Agreement with Bombardier
Alstom has signed the sale and purchase agreement of Bombardier Transportation. The transaction is expected to close in Q1 of 2021.
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BNSF Names Katie Farmer President and CEO
Katie Farmer will take over from Carl R. Ice as CEO and President of BNSF starting on 1 January 2021, following his retirement.
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Makgola Makololo New MD for Bombardier Transportation South Africa
Bombardier Transportation has appointed Makgola Makololo as the new managing director for South Africa, replacing Aubrey Lekwane.