Latest Business News
All the latest business news in the rail sector.
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United Wagon Company to Supply Freight Cars to Guinea
UWC has won an international tender organized by UC RUSAL, one of the world’s largest aluminum producers, for the supply of freight cars to …
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U.S. FRA Announces $73 Million Available for Rail Capital Projects
The U.S. Department of Transportation's FRA announced that it is accepting applications for $73 million in grant funding for rail capital pr…
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Stadler to Deliver Eight Double-Decker Trains to AB Transitio
Stadler has received an order from AB Transitio for an additional eight double-decker trains. AB Transitio is taking up an option from the c…
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Night Overground Services to Extend to North London
Thousands more passengers will benefit from a more extensive Night Overground as services extend to Canonbury and Highbury & Islington stati…
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Entire Baltimore Metro System Closes for Emergency Repairs
Following a thorough inspection, the Maryland Department of Transportation has announced the complete closure of the entire Baltimore Metro …
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Network Rail Unveils Ambitious £47bn Plan to Improve Britain’s Railway
Network Rail has published its ambitious five-year plan to improve Britain’s railway over the five years to 2024 (Control Period 6, CP6). Th…
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Testing Commences on Sydney’s First Driverless Metro Train
Sydney’s first driverless metro train is on the track and undergoing testing ahead of Sydney Metro services starting next year. Premier Glad…
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Hitachi and Great Western Railway Unveil First Italian-Built Trains
New Intercity Express Trains manufactured in Italy for Great Western Railway’s (GWR) Devon and Cornwall route are to begin a rare journey ac…
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Alstom to Supply 30 Electric Locomotives to ONCF in €130 Million Deal
Alstom has been awarded a contract with ONCF for the supply of 30 electric locomotives. The contract – which is the result of an internation…
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MoU Signed for Rail Industry Education and Research in Thailand
The MoU is Bombardier’s first academic partnership in Thailand to focus on this advanced level of rail industry education and research...
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Loram and GREX Announce Merger Agreement
Loram Maintenance of Way, Inc. (Loram) based in Minneapolis and Georgetown Rail Equipment Company (GREX) based in Georgetown, Texas recently…
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Texas Central Reveals “Preferred Location” for its Houston Bullet Train Station
Texas Central has announced its preferred location for the Houston bullet train station, at the Northwest Mall site near the interchange of …
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Network Rail CEO Mark Carne to Retire
Mark Carne, the chief executive of Network Rail, has advised the Board that he has decided to retire from the company later this year. The t…
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Driverless Metro Booming in China
Ling Fang, MD of Alstom’s division in China & East Asia, tells Railway-News how her company is keeping up with the development of driverless…
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PANYNJ Explores Options for Cross Harbor Freight Movement
PANYNJ will closely examine two preferred options – the construction of a cross harbor freight tunnel and the expansion of the Port Authorit…
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£680,000 Project to Transform the Maintenance of Rail Vehicles
Experts at the University of Huddersfield are playing a central role in a £680,000 project designed to transform the maintenance of rail veh…
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BNSF Railway Publishes $3.3 Billion 2018 Spending Plan
BNSF Railway Company (BNSF) has announced its 2018 capital investment plan of $3.3 billion. This year's capital plan reflects BNSF's continu…
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Carillion's Smaller Rail Suppliers to be Paid Arrears
Around 300 of Carillion Construction Ltd's smaller rail suppliers are to be paid the arrears they are owed following a further agreement bet…
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RIA: ‘Boom and Bust’ System of Rail Funding Needs to End
Trade body the Railway Industry Association has today told the Transport Select Committee that the current ‘boom and bust’ system of rail fu…
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Survey Shows 81% of Rail Passengers Are Satisfied With Their Journey
Transport Focus’s latest National Rail Passenger Survey (NRPS), capturing the satisfaction of over 27,000 passengers with their last journey…