Latest Business News
All the latest business news in the rail sector.
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The Proposed Alstom-Siemens Merger Presses Ahead
The Alstom-Siemens merger awaits approval by the competition authorities and by Alstom's shareholders next month following the two companies…
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Deutsche Bahn and Georgian Railway Sign Agreement Strengthening European-Asian Rail Freight
Deutsche Bahn and Georgian Railway signed an agreement on 12 June 2018 that lays the foundation for future co-operation in European-Asian ra…
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Bombardier Win Contract for Automated People Mover System at L.A.X.
Bombardier has won two contracts from LAX Integrated Express Solutions (LINXS) for the design, build and maintenance of an automated people …
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Texas: GE Reveals First Evolution Series Locomotive for Canadian National
The first of the 200 new Evolution Series locomotives for Canadian National (CN) by GE Transportation was completed at the manufacturer’s pl…
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Norway: Bane NOR Awards Contract for Installation of ERTMS to Alstom
Bane NOR, the Norwegian railway authority, has awarded a contract to equip the entire Norwegian railway fleet with the European Rail Traffic…
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CEO of DB Cargo UK Appointed Chairman of Rail Freight Group
The Rail Freight Group (RFG) has appointed Hans-Georg Werner, CEO of DB Cargo UK, as its new chairman. The RFG's priorities for 2018 include…
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Polarteknik Oy Completes Acquisition of PneumaXpert
On 1st June 2018, Polarteknik Oy completed the acquisition of PneumaXpert. Through integration, Polarteknik with PneumaXpert will together b…
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United Wagon Company to Supply 50 Tank Cars to Russian Copper Company
Karabashmed, a copper smelting company in the Russian Federation, has commissioned the United Wagon Company to produce 50 model 15-9545 tank…
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Traction Inverters to be made in Russia say Hitachi and Transmashholding
Hitachi and JSC Transmashholding have signed an agreement to produce high performance traction inverters within the Russian Federation.The j…
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Big Change is Coming Down the Line – the General Data Protection Regulation
The General Data Protection Regulation (GDPR) represents a seismic shift in the way businesses will be allowed to process data. Any railway …
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California: Metrolink Lets App Users Buy Tickets with Apple Pay®
Metrolink in California has announced that users of its app can now purchase tickets via Apple Pay®. The adoption of the system follows seve…
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Škoda Becomes Sole Shareholder of Finnish Rolling Stock Manufacturer Transtech
Škoda Transportation Group has signed an agreement with Sinituote Oy to buy the company's 25% shares in Transtech, the Finnish rolling stock…
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UK: Andrew Haines Appointed CEO of Network Rail
Sir Peter Hendy, Chairman of Network Rail, has, on behalf of the board, appointed Andrew Haines to replace Mark Carne as its CEO. Haines wil…
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UK – Stadler to Fit Teleste System on new Metro Trains in Liverpool
Stadler has selected the end-to-end on-board system designed by Teleste for installation on 52 new trains which it is building for Merseyrai…