Latest Business News
All the latest business news in the rail sector.
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Australia: Three New Stations and up to 3,000 Jobs On Mernda Rail
The Victorian Government will build three state-of-the-art stations at Marymede, Mernda and Hawkstowe as part of the Mernda Rail Extension P…
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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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Nokia to Provide Korea with 'World's First' LTE-R Network
Nokia has been selected by the Korea Rail Network Authority (KRNA) as a supplier for the world's first LTE-R mobile broadband network to...
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Canada: Opening Date for Evergreen Extension Revealed
The $1.43-billion rapid transit Evergreen extension will officially open to the public on Dec. 2, 2016, Port Moody-Coquitlam MLA Linda Reime…
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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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Virgin Trains Unveils Vision for Station of the Future
In a radical new open plan design, Birmingham International’s ticket office has been transformed, the traditional booking window is now a th…
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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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Hyperloop One: Dubai to Abu Dhabi in 12 Minutes
Hyperloop One and the United Arab Emirates are on the fast track to building out the first hyperloop system. H1 recently announced it would …
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We Need to Talk about Phones – Distraction Kills
We normally think of drivers using phones when we think of transport-related deaths due to phones. But distraction kills in rail travel too.
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New Rail Contract to Keep Lorry Loads off Busy Roads
DB Cargo UK will run more than 15 train services a week under a new 10 year deal with Day Group, keeping the equivalent of more than 190 lor…
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Investigation into Fatal Tram Derailment Underway
The Rail Accident Investigation Branch is investigating a fatal tram derailment that occurred near to Sandilands Junction on the London Tram…
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Citybanan in Stockholm to open in July 2017
On July 10 2017, the Citybanan cross-city tunnel under Stockholm will open for revenue. Construction of two new commuter rail stations and t…
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UK: New Trains will be Faster, Smarter and Better Connected
The new carriages are part of the wider Railway Upgrade Plan which will see rail companies delivering over £50bn of improvements over the ne…
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SNCF Presents Stylish New TGV Oceane
SNCF CEO, Guillaume Pepy, recently presented the new interior design for the TGV Oceane. The unveiling took place at Paris' Montparnasse-Vau…
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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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MTR to Enhance Ma On Shan Line with 8-Car Trains
Passengers will soon find more convenient and comfortable journeys on the MTR Ma On Shan Line (MOL) starting from early 2017 when two...
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Hull Trains Invest £60 million in High-Tech Hitachi Trains
Hull Trains has announced a massive £60million investment in a brand new fleet of high-tech Hitachi trains that will deliver 50% extra seati…
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Australia: Replacement of 35 Year Old Rail Fleet Accelerated
Replacement of the 35 year old regional rail fleet, starting with new XPTs, will be accelerated with an extra $50 million funding.
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New Moscow - Berlin Strizh Train to Make First Run
On 17 December 2016, the new international Strizh train, number 13/14 Moscow - Berlin will depart on its first run from Moscow’s Kursk Stati…
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Amtrak Becomes First Railroad to Earn EMAP Accreditation
Amtrak is the first railroad ever to earn the five-year accreditation by the Emergency Management Accreditation Program (EMAP) for...
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Video: Severn Tunnel Electrification Upgrade Work
Stunning new timelapse captures the extent of the upgrade work completed by Network Rail’s ‘orange army’ to prepare the Severn Tunnel for el…
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Bombardier Joint Venture Starts Work on Rail Control Project in Serbia
Rail technology leader Bombardier Transportation has started work on its first rail control project in Serbia, phase one of the upgrade to t…
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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…