Latest Business News
All the latest business news in the rail sector.
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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 …
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Stadler Signs Service and Maintenance Contract with Arriva Nederland
Stadler has signed a contract with Arriva Nederland to provide services and maintenance for a fleet of 69 trains in the North of Holland bet…
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UK: Hitachi and Bombardier Announce Joint Bid for HS2 Rolling Stock
Hitachi Rail Europe and Bombardier Transportation have announced a joint bid to the HS2 Procurement Programme for the design, build and deli…
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Taiwan: Siemens Consortium Wins Metro Line Rail Technology Contract
The city government of Taoyuan has awarded a contract for the delivery of electrical and mechanical systems for its metro network to a conso…
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Southeast Asia: Bombardier Signs Rail System Maintenance Contract
Bombardier Transportation has announced that the company has signed a contract to provide rail system maintenance for an undisclosed operato…
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UK: CAF Invited to Participate in Procurement Programme for HS2 Trains
HS2 Ltd has invited CAF to join the list of companies which it has invited to participate in their procurement programme for state-of-the-ar…
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ELeather Placed on The Sunday Times HSBC International Track 200
ELeather, a UK-based global leader in patented high-tech materials technology marks a key milestone in the growth of the business as it’s re…
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Austrian Federal Railways Sign Call-Off Order for 25 Bombardier TALENT 3 Trains
Austrian Federal Railways (ÖBB) and Bombardier Transportation have agreed a call-off order for the delivery of twenty five Bombardier TALENT…
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Alstom Appoints Ling Fang Senior Vice President of Asia Pacific Region
Alstom Transport has announced the appointment of Ling Fang as Senior Vice President (SVP) of its Asia Pacific region. Fang will provide str…
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UK: New Maintenance Trains for London’s Elizabeth Line
A rail milling train and two multi-purpose engineering trains are currently undergoing testing in Europe. They will be delivered to London l…