Latest Business News
All the latest business news in the rail sector.
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Keolis Renews Rail Contracts in US
Keolis has had two of its contracts in the United States extended. The first by MBTA in the Boston area, the second in Washington D.C. (VRE)…
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Stadler Takes Over Digitalisation Expert
Stadler takes over digitalisation expert in Germany to expand its portfolio in the hardware and software components for rolling stock market…
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SNCF Launches 2020 Hiring Drive
SNCF Réseau, the company's infrastructure arm, has launched its 2020 hiring drive, during which it wants to recruit 1000 rail staff.
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Alstom Providing Support Services to MetrôRio
Alstom is providing remote support services to the operational control centre for lines 1,2 and 4 of the MetrôRio, Rio de Janeiro
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HS2 Launches Innovation Accelerator
HS2 has launched an Innovation Accelerator to help develop solutions in three areas: the environment, the circular economy, and productivity…
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Vivarail Secures £1.5m Loan
Vivarail has secured a loan worth 1.5 million GBP that will help it expand by moving into new premises and hiring new staff.
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Rail Freight Punctuality Soars During Covid Crisis
Rail freight punctuality has increased from 60 percent to 80–90 percent during the coronavirus crisis due to greater network availability.
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Extra Rail Freight Services to Anticipate Low Water Levels
Rail freight operator Lineas is putting on extra services to anticipate low water levels which previously have prevented barge transports.
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DB Regio Supports Abellio in Operating New RRX Services
DB Regio will support Abellio in operating the RE 1 services in Germany, before Abellio will run full RRX trains in December 2020.
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Keolis Fires Its Executive Chairman Patrick Jeantet
After only taking on the role of Keolis Executive Chairman in February 2020, the Supervisory Board has terminated Patrick Jeantet's contract…
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Spanish High-Speed Train Derails Due to Vehicle Collision
A Spanish high-speed train, type Alvia, has derailed near Zamora due to a collision with a vehicle that had fallen from an overpass.
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Swiss Rail Operators to Resume Full Service Levels
Passenger services in Switzerland can resume fully in June following an easing of restrictions put in place because of coronavirus.
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EUROFIMA provides €200m Financing to FS Italiane
EUROFIMA, a rolling stock financing company with a non-profit mission, has agreed a 200m euro loan with FS Italiane for TRAXX locomotives.
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Deutsche Bahn to Resume Rail Services to All Neighbouring Countries as of June
From June Deutsche Bahn will run train services into all neighbouring countries again, following a gradual resumption in May.
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Dr Thomas Ahlburg Quits as Stadler Group CEO
Stadler Group CEO Dr Thomas Ahlburg parts ways with the company with immediate effect. Peter Spuhler takes over as interim Group CEO.
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Transdev Group Appoints Anna Höjer CEO of Transdev Sweden
Anna Höjer will take over as CEO of Transdev Sweden in September 2020. She is currently working for Bombardier Transportation.
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TfL Receives Government Funds to Avoid Bankruptcy
Transport for London (TfL) has received coronavirus bailout – a mixture of grants and loans from the government worth 1.6 billion GBP.
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Schleswig-Holstein Issues Tenders for TOCs to Run Battery Trains
Schleswig-Holstein transport manager NAH.SH has started looking for operators to run services with the new Stadler Akku trains from 2022.
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Coronavirus Cashflow: HS2 Speeds Up Payments
HS2 says it will pay its suppliers as soon as possible rather than within the contract terms and has asked Tier 1 contractors to do the same…
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Alstom Gives Bombardier Acquisition Update
Alstom has given an update on its plans to acquire Bombardier Transportation in its 2019/20 full year results.
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Talgo Financial Outlook Solid Despite Coronavirus
Talgo publishes its financial outlook and results for the first quarter of 2020 with a solid order book despite delays due to coronavirus.
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Rail Services Resume between Germany and France
After a 6-week stop to passenger rail services between Germany and France, the first ICE train travelled from Frankfurt to Paris on 11 May.