Latest Business News
All the latest business news in the rail sector.
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Siemens and Ballard to Jointly Develop Fuel Cell Drive for Trains
Siemens and Ballard Power Systems Inc., a Canadian manufacturer of fuel cells, plan the joint development of a fuel cell drive for trains.
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Acquisition Secures Carillion's Network Rail Contracts
A significant number of Carillion's Network Rail contracts have been acquired by Amey Rail Limited, after the company went into liquidation …
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Gotthard Base Tunnel Project Receives 2018 European Railway Award
The 2018 European Railway Award has been presented to the Gotthard Base Tunnel Project, for delivering the world’s longest railway tunnel, s…
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UK Rail Minister Unveils £30m Centre of Excellence in Rolling Stock
The University of Huddersfield’s Institute of Railway Research (IRR) has become a Centre of Excellence for the new £90m UK Rail Research and…
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Melbourne Metro Tunnel Construction Ahead Of Schedule
The Melbourne Metro Tunnel will untangle the City Loop by taking three of Melbourne’s busiest train lines – Cranbourne, Pakenham and Sunbury…
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SNCF Orders Additional Double-Deck Trains for Ile-de-France
Bombardier Transportation has received an order for nine Regio 2N double-deck trains from the French National Railway Corporation, SNCF, on …
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Scotland's Railway to Benefit From £23m of Upgrades This Easter
Network Rail engineers will work around-the-clock this Easter to deliver more than £23m of infrastructure improvements across Scotland’s rai…
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Richard Branson Unveils Hyperloop Plans for India
Virgin Hyperloop One has announced the Indian State of Maharashtra’s intent to build a hyperloop between Pune and Mumbai, beginning with...
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United Wagon Company to Supply Freight Cars to Guinea
UWC has won an international tender organized by UC RUSAL, one of the world’s largest aluminum producers, for the supply of freight cars to …
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U.S. FRA Announces $73 Million Available for Rail Capital Projects
The U.S. Department of Transportation's FRA announced that it is accepting applications for $73 million in grant funding for rail capital pr…
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Stadler to Deliver Eight Double-Decker Trains to AB Transitio
Stadler has received an order from AB Transitio for an additional eight double-decker trains. AB Transitio is taking up an option from the c…
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Night Overground Services to Extend to North London
Thousands more passengers will benefit from a more extensive Night Overground as services extend to Canonbury and Highbury & Islington stati…
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Entire Baltimore Metro System Closes for Emergency Repairs
Following a thorough inspection, the Maryland Department of Transportation has announced the complete closure of the entire Baltimore Metro …
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Network Rail Unveils Ambitious £47bn Plan to Improve Britain’s Railway
Network Rail has published its ambitious five-year plan to improve Britain’s railway over the five years to 2024 (Control Period 6, CP6). Th…
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Testing Commences on Sydney’s First Driverless Metro Train
Sydney’s first driverless metro train is on the track and undergoing testing ahead of Sydney Metro services starting next year. Premier Glad…
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Hitachi and Great Western Railway Unveil First Italian-Built Trains
New Intercity Express Trains manufactured in Italy for Great Western Railway’s (GWR) Devon and Cornwall route are to begin a rare journey ac…
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Alstom to Supply 30 Electric Locomotives to ONCF in €130 Million Deal
Alstom has been awarded a contract with ONCF for the supply of 30 electric locomotives. The contract – which is the result of an internation…
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MoU Signed for Rail Industry Education and Research in Thailand
The MoU is Bombardier’s first academic partnership in Thailand to focus on this advanced level of rail industry education and research...
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Loram and GREX Announce Merger Agreement
Loram Maintenance of Way, Inc. (Loram) based in Minneapolis and Georgetown Rail Equipment Company (GREX) based in Georgetown, Texas recently…
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Texas Central Reveals “Preferred Location” for its Houston Bullet Train Station
Texas Central has announced its preferred location for the Houston bullet train station, at the Northwest Mall site near the interchange of …
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Network Rail CEO Mark Carne to Retire
Mark Carne, the chief executive of Network Rail, has advised the Board that he has decided to retire from the company later this year. The t…