Latest Business News
All the latest business news in the rail sector.
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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…
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Thoroughly Modern Mechan Gives Lift to Heritage Rail
The specialist manufacturer has supplied four 35-tonne railcar lifting jacks to Severn Valley Railway’s new Kidderminster facility, to make …
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New Regional Trains for Greater Anglia Take Shape
Greater Anglia has revealed the first pictures of its new train carriages that will arrive in East Anglia from 2019. The completed body shel…
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Union Pacific Begins Construction on its $550 Million Rail Yard in Texas
Union Pacific began construction this month on its Brazos Yard in Robertson County, Texas. The $550 million rail yard represents the largest…
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New York's MTA Approves Purchase of Next Generation Subway Cars
The Metropolitan Transportation Authority (MTA) Board voted on Wednesday to approve the purchase of 535 state-of-the-art, next generation su…
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EU Investigating Restructuring Aid for Polish Regional Railways
The European Commission has opened an in-depth investigation into restructuring aid for Polish Regional Railways. Under EU State aid rules c…
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Congestion Monitoring and Project Performance for the Latest 48-Hour HackTrain Hackathon
120 software developers, data scientists, designers, policy makers and entrepreneurs from all over the world were invited to join HackTrain …
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Merseyrail to Benefit From New State-of-the-Art Trains by 2020
New state-of-the-art trains will be introduced on to the Merseyrail network by 2020 replacing the current fleet which is approaching 40 year…
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Iconic Roundels Installed at Elizabeth Line Stations
The latest version of Transport for London’s (TfL’s) historic design has begun to make an appearance across London’s newest railway – the El…
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Stadler to Acquire Swedish Train Modernisation Business
Stadler is taking over the Knorr-Bremse subsidiary Swedtrac, which specialises in train modernisation. The acquisition of Swedtrac will enab…