Latest Business News
All the latest business news in the rail sector.
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Amtrak Unveils Interiors of its New Acela Express Trains
On 8 August Amtrak unveiled the interiors of its new Acela Express trains set to run on the company’s Northeast Corridor (NEC). Alstom is ma…
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Charcroft Signs Exclusive UK and Ireland Distribution & Representation Agreement with NEXEYA
Charcroft Electronics Ltd., – a specialist distributor and manufacturer of electronic components for harsh and high-end applications – has s…
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China Railway Express Makes First Journey to Belarus
The first container freight train between Shijiazhuang and Minsk went into operation on 2 June. Departing Shijiazhuang, the capital and larg…
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Czech Republic: Leo Express Orders 15 LINT DMUs from Alstom
Leo Express has ordered 15 LINT DMUs from Alstom Transport and is currently negotiating approval of them from the Czech rail authorities. Th…
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Russia: TikhvinChemMash Sells 20 Tank Cars to GATX Rail Vostok
The TikhvinChemMash freight car plant, a subsidiary of United Wagon Company, has sold 20 15-6900 model tank cars to GATX Rail Vostok for the…
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UK: Angel Trains Appoints David Jordan as Chief Operating Officer
Angel Trains, a UK train leasing company, has appointed David Jordan as its new COO. Jordan, who has more than 25 years experience in the ra…
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Alstom to Supply Italo with 5 New Pendolino EVO Trains
Alstom and Italo–Nuovo Trasporto Viaggiatori have signed a 330 million euro contract for the purchase of five Pendolino EVO trains. These tr…
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Bombardier to Supply 36 Additional Francilien Trains for Greater Paris
French national railway company SNCF has ordered 36 Francilien (SNCF Z 50000) train sets from Bombardier Transportation on behalf of Île-de-…
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Charcroft Signs UK Distribution Agreement with Euroquartz Ltd
Charcroft Electronics Ltd., – a specialist distributor and manufacturer of electronic components for harsh and high-end applications – has s…
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Bombardier to Supply 396 MOVIA Metro Carriages to Singapore
ombardier Transportation has signed a contract with the Land Transport Authority (LTA) of Singapore for the supply of 396 BOMBARDIER MOVIA m…
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France: SNCF Orders 100 Avelia Horizon Very-High-Speed Trainsets from Alstom
SNCF Mobilités has ordered 100 next-generation Avelia Horizon very-high-speed TGV trains from Alstom Transport. The cost of the fleet is 20%…
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Bombardier Agrees Facilities Management Contract with ENGIE
Bombardier Transportation has appointed ENGIE on a five-year global frame contract, worth €250 million, to deliver integrated facilities man…
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MTR Announces Details of New Hong Kong Station and Staff Uniforms
MTR has released more information on the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong high-speed rail link which will start service…
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Germany: Deutsche Bahn Releases Revenue and Passenger Numbers for the First Half of 2018
Deutsche Bahn (DB) has published the figures for revenue, passenger numbers and investment in Germany during the first half of 2018. The rep…
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UK: Nova 1 Train Has Successful Test Run for TransPennine Express
Hitachi Rail Europe has completed the initial testing of the first Nova 1 fleet which the Japanese company has produced for TransPennine Exp…
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Australia: Inland Rail Conference Identifies Key Priorities for New Rail Link
The Inland Rail conference, which was jointly hosted by the Australian Logistics Council (ALC) and the Australasian Railway Association (ARA…
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Chile: GE Transportation Agrees Sale of 5 Diesel-Electric Locomotives
GE agrees supply of 5 diesel-electric locomotives to Chilean operator, Ferrocarril de Antofagasta (FCAB) in 2019. The contract for the C23EM…
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Freight Operator Union Pacific Record Second Quarter Income
Union Pacific Corporation (UP) has reported a net income of $1.5 billion for the second quarter of 2018. This figure equates to $1.98 per di…
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DB Cargo UK to Switch to 100% Renewable Electricity
DB Cargo UK has announced that 100% of the electricity which powers its offices and rail sites will become renewable after it signed a 3 yea…
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UK: Railway Industry Association Welcomes Public Consultation on Post-Brexit Free Trade Agreements
The Department for International Trade (DIT) in the British Government has announced that it is setting up a public consultation on Free Tra…
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Alstom Shareholders Approve Siemens Merger and Other Resolutions
Shareholders of Alstom Transport have approved the merger with Siemens and all other resolutions proposed at their special and combined meet…
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Canadian National Announces $315 Million Investment in Ontario Operations
Canadian National Railway has announced plans to invest approximately $315 million in its operations across Ontario. The funds are part of t…
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GE Transportation Produces First TE33A Locomotive for Ukrainian Railways
GE Transportation has completed production of the first Evolution Series TE33A locomotive in a fleet of 30 for Ukrainian Railways. This loco…
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MECX Group Acquires Major Interest in PPS Rail Limited
Chris Mariner, MECX Group Managing Director, released the following statement: As part of the MECX Group strategy to grow and expand our UK …