Latest Business News
All the latest business news in the rail sector.
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DB Announces Summer ICE Discount Scheme
Deutsche Bahn (DB) has announced a number of new discounts for its ICE service over the course of the summer.
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Amtrak's Borealis Ridership Surpasses Expectations in First Year
Passenger demand for the Borealis train service between St. Paul and Chicago has exceeded expectations, serving more than 205,800 journeys.
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Uber Partners with Gemini Trains for New Cross Channel Rail Services
Uber has announced plans to introduce a series of cross-channel rail services through a co-branding partnership with Gemini Trains.
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Alstom Reports Solid FY 2024/25 Financial Results
Alstom has reported improved financial results for the fiscal year 2024/25, alongside confirming its medium-term targets.
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California High-Speed Rail Authority Increases Engagement with Private Sector
The California High-Speed Rail Authority is increasing its engagement with the private sector to progress the high-speed rail network.
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Leave the Plane, Take the Train: Rail Travel Set to See Sharp Increase by 2030
A study published by Hitachi Rail has found that the general public believe the coming years will see a significant increase in rail travel.
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Government Announces Funding for Rail Replacement Accessibility Improvements
Projects aiming to improve audio & visual information onboard rail replacement coaches are to receive a share of £800,000.
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Regional Leaders Propose New Liverpool-Manchester Railway
Regional leaders in Liverpool and Manchester have put forth proposals for a new Liverpool-Manchester Railway.
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Greater Anglia to Be Nationalised in October 2025
The Department for Transport (DfT) has announced that Greater Anglia will transfer to public ownership on 12 October 2025.
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Alstom Confirms Leadership Changes in Europe and AMECA Regions
Alstom has announced upcoming changes to its senior leadership team for Europe and AMECA regions, effective from 1 June 2025.
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Trafikverket Presents Vision 2050 Plan for Rail in Sweden
At the Train & Rail event in Stockholm, Lars Lindgren of Trafikverket presented Sweden’s Vision 2050 plan for its railway sector.
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US Transportation Secretary Announces $282.4 Million in Rail Work Grants
US Transportation Secretary Sean P. Duffy has announced a number of grants intended for rail programmes across the country.
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Canada: Metrolinx to Expand GO Transit Services in Hamilton
From 17 May, all Niagara-bound GO Transit trains on the Lakeshore West line will stop at West Harbour GO Station.
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SunRail’s Sunshine Corridor to Bring Rail Closer to Florida Tourist Attractions
The PD&E Study for the proposed Sunshine Corridor has been approved, paving the way for improved rail services in Central Florida.
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Deutsche Bahn Finalises Sale of DB Schenker to DSV
Deutsche Bahn (DB) has completed the sale of logistics subsidiary, DB Schenker, to Danish transport company DSV for 14.3 billion EUR.
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Stadler and Nexus Provide Update on New Tyne and Wear Metro Fleet
Nexus has provided further updates on the suspended rollout of its new fleet of Tyne and Wear Metro trains, manufactured by Stadler.
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Malaysia: Hitachi Rail Signs MoU with Prasarana
Hitachi Rail has announced the signing of a new Memorandum of Understanding (MoU) with Malaysian public transport operator, Prasarana.
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Amtrak Announces New Mardi Gras Service
Passengers looking to enjoy festivities in New Orleans and Mobile this summer will soon be offered a ride on the Amtrak Mardi Gras Service.
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UK: Northumberland Line Hits 250,000 Trip Milestone
The Northumberland line has hit a new milestone as 250,000 passengers have travelled on the service since its re-introduction.
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Arriva Proposes New Direct Service Linking Newcastle & Brighton
Arriva Group has submitted an open access application to the ORR for the introduction of a direct rail service linking Newcastle & Brighton.
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TfGM Begins Procurement for New £1.6 Billion Metrolink Contract
Transport for Greater Manchester (TfGM) has begun the procurement process for the next operating and maintenance contract for Metrolink.
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Eurostar Service Centre Opens at St Pancras International
Eurostar has opened a new Service Centre at St Pancras International to provide a more streamlined and accessible experience for customers.
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Trump Administration Reassigns Penn Station Overhaul to Amtrak
The US DOT has announced that Amtrak will assume leadership of the Penn Station reconstruction project in New York City, replacing the MTA.
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New Report Finds Amtrak Could Better Manage Train Collision Risks
Amtrak has been advised to improve how it manages the risk of collisions in a new report from its Office of Inspector General (OIG).