Latest Business News
All the latest business news in the rail sector.
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Chicago: Freight Rail Industry Improves Train Management
Freight rail roads operating in Chicago are better prepared to manage rail traffic going to, from and through the Chicago region, thanks to …
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Alstom Obtains Certification for its Concrete Slab Track Solution
Alstom has received recognition from the Eisenbahn-Bundesamt (EBA), the German Railway Federal Authority, for NBT, its concrete slab track s…
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Hitachi Rail Italy Awarded €108m Maintenance Contracts
Hitachi Rail Italy has been awarded three Service contracts for a total amount of 108 million Euros. They are for the provision of maintenan…
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Renfe Selects Talgo for High-Speed Trains Contract
Spanish railways operator Renfe has awarded Talgo a contract for the supply of 15 very high-speed trains with a maximum commercial speed of …
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Tram-Train Link Between Glasgow Airport and City Centre Proposed
The £144m Glasgow Airport Access Project, which is the flagship project for the £1.13 billion Glasgow City Region City deal...designed tram-…
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Bombardier Wins Montréal Fleet Operations and Maintenance Contract
Rail technology leader Bombardier Transportation announced that it has been awarded an eight-year contract by Montreal’s Agence Métropolitai…
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BNSF and KCS join forces to offer Intermodal Transportation between Mexico and the U.S.
BNSF Railway Company (BNSF) and Kansas City Southern (KCS) recently announced a new joint service to offer intermodal transportation connect…
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HS2 Names £900m Enabling Works Contracts
HS2 took a step closer to construction today with the confirmation of three joint ventures to deliver essential early works, including...
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Arriva Takes Over London Overground Concession
Arriva, one of Europe’s biggest transport operators, takes over the sole running of London Overground concession from today. Arriva was awar…
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Transnet Grabs Market Share Despite Weak Economy
State-owned freight and logistics company Transnet reported a steady rise in revenue and maintained profitability as the company continues w…
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Bombardier Turnaround Plan Improves Financial Performance
Bombardier reported its third quarter 2016 results and highlighted solid performance executing its turnaround plan. With strong year-to-date…
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DfT: New West Coast Franchise Will Partner with HS2
The government today announced a new rail franchise which will combine the current InterCity West Coast services with the development of HS2…
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Frauscher Sensor Technology Acquired by Greenbriar Equity Group
Frauscher Sensor Technology, a leading supplier of train tracking solutions, has selected Greenbriar Equity Group LLC as its new equity part…
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Bombardier Turnaround Plan: 7,500 Positions Impacted
Bombardier announced today a series of actions as it continues to execute its five-year turnaround plan launched last year...
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Groupe Eurotunnel Launches Sale of GB Railfreight
Eurotunnel Group announced that it has received a binding and irrevocable offer from EQT Infrastructure II, for the potential acquisition of…
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DB Cargo Plans to Cut 893 UK Jobs
DB Cargo UK has announced proposed redundancies and changes to its business model in response to rapid and unprecedented changes in the mark…
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Rail Operators Shortlisted for Wales and Borders Franchise
Four bidders have been selected for the next stage in the procurement process to operate rail services in the new Wales and Borders Franchis…
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Alstom Hands Over Five Prima H3 Locomotives to Deutsche Bahn
Alstom handed over five Prima H3 locomotives to Deutsche Bahn during a ceremony at Alstom’s Stendal site in Saxony-Anhalt, Germany...
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The French Government and Alstom Present a Plan to Rescue Belfort Site
Minister of State for the Industry and Alstom Chairman and CEO, presented a plan to maintain the railway and industrial activities on Belfor…
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Bombardier Wins Fleet Maintenance Contract in California
Bombardier Transportation signed a new contract with SCRRA, to provide eight years of maintenance services for SCRRA's Metrolink commuter ra…
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122 Light Rail vehicles for Seattle and Central Puget Sound Area
Siemens secured a contract for 122 new S70 light rail vehicles for Sound Transit, the regional transit system serving Seattle and Central Pu…
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Angel Trains Signs Deal to Finance Abellio’s £900m Procurement of UK Rolling Stock for East Anglia Rail Franchise
Angel Trains has signed the contract to finance the procurement of 665 Bombardier Aventra vehicles as part of Abellio’s East Anglia rail fra…