Latest Business News
All the latest business news in the rail sector.
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Hector Rail Purchases Siemens Vectron Locomotives
Independent line haul provider for the European transport market, Hector Rail, has purchased five new Siemens Vectron locomotives.
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79 Alstom Coradia Trains to Netherlands
Alstom has won a contract worth more than €800 million to deliver 79 Alstom Coradia range of modular trains to NS in the Netherlands.
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United Wagon Co Supply Grain Hoppers
Russia’s United Wagon Company have been commissioned by JSC United Grain Company to supply 1,500 grain hoppers with a load space of 120 m3.
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Preferred Investor Announced for Greek Railways Privatisation
FS Italiane has been declared the “preferred investor” by the Hellenic Republic Development Asset Fund (HRDAF) for the Greek Railways privat…
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Keolis Preferred Bidder for Rhine Ruhr Commuter Rail
VRR and NWL have named Keolis as preferred bidder to operate the Rhine Ruhr Commuter Rail services in the metropolitan region.
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Bombardier Ukrainian Railways MoU
Bombardier Transportation have signed a Memorandum of Understanding (MoU) with Ukrainian Railways to develop industrial activities in Ukrain…
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FS Italiane Issue €350m Bond
FS Italiane issue €350m bond, for 6 years floating rate notes, under the EMTN Programme listed on the Irish Stock Exchange.
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Abellio to Operate Rhine-Ruhr S-Bahn
Abellio North Rhine Westphalia have won a contract to operate Lot B of the Rhine-Ruhr S-Bahn, using 29 new Stadler FLIRT3 type EMUs.
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Russian Railways and Ferrovie Sign MoC
Russian Railways Ferrovie dello Stato Italiane Spa have announced that they have signed a Memorandum of Cooperation in Rome this week.
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PARC Condition Based Maintenance For East Japan
The East Japan Railway Company have awarded a contract to PARC to supply PARC Condition-Based Maintenance (CBM) technology.
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VIA Rail Canada Announce Intermodal Ticket Sales
VIA Rail Canada (VIA Rail) and Maritime Bus have announced that their partnership will be enhanced to encompass an intermodal ticket sale ag…
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NTT Data win myki Contract in Victoria
IT innovation company NTT Data have won a contract to operate and manage the Victoria myki ticketing system from 1 January 2017.
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Disposal of Balfour Beatty Infrastructure Partners
Infrastructure construction specialists Balfour Beatty plc announced on 1 July 2016 that it has exited from Balfour Beatty Infrastructure Pa…
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Alstom to Supply Chengdu Metro
Alstom has won a contract from Chengdu Metro Corp Ltd for 288 metro cars for the new Chengdu Metro Line 3, which is 50km long with 37 statio…
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First Chinese Straddle Monorail Successful Test
CRRC Qingdao Sifang Co, Ltd celebrated the successful test of the first Chinese straddled monorail train in Qingdao, East China's Shandong p…
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Bombardier Downer EDI JV Wins Perth Contract
Bombardier Downer EDI Joint Venture wins contract from Western Australia’s Public Transport Authority to supply an additional 10 three-car c…
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Alstom ETCS Pilot in New South Wales
Alstom has delivered, installed and tested its Alstom ETCS Level 2 signalling system in New South Wales as part of a pilot trial.
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Akiem Framework Agreement for Bombardier TRAXX
Bombardier have signed a framework agreement with rolling stock leasing company Akiem for 52 Bombardier TRAXX AC and MS locomotives.
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Go Ahead for Stadler KISS in Mäleb
Stadler have the go ahead to fill an order with Maleb in Sweden following the objection of a competitor being overruled in Swedish courts.
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Skoda Win Chemnitz Tram Contract
Skoda Transportation has won the Chemnitz tram contract for 14 modern vehicles of the ForCity range. The contract is worth approximately €36…
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Mitsu Rail Order Siemens Vectron Locomotive
Mitsui Rail Capital Europe (MRCE) has placed an order for ten additional Siemens Vectron locomotives to operate cross-border services.
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Cordant to Provide Crossrail Security
Security services supplier Cordant Services has won a competitive tender via Carillion Rail to become preferred supplier to Crossrail securi…
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Beacon Rail Leasing Acquire Ascendos Rail
Beacon leasing acquire Ascendos Rail Leasing S.à. r.l., a European locomotive and rolling stock leasing company to expand their portfolio.
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Riyadh Metro Line 5 Tunnel Excavation Complete
A milestone was reached on 8 June 2016 in the Riyadh Metro Project with the completion of tunnel excavations on the Green Line.