Latest Business News
All the latest business news in the rail sector.
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Trenitalia Completes the Acquisition of c2c
Trenitalia, the passenger rail transportation company part of FS Italiane Group, has completed the acquisition of Essex and London train ope…
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Canadian National Railway to Invest $C 2.5 Billion in 2017
Canadian National Railway (CN) plans to invest approximately $C 1.6 billion, of its $C 2.5 billion capital investment budget, on track infra…
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Milan Orders Additional Metro Trains from Hitachi Rail Italy
Hitachi Rail Italy has been awarded a contract worth €106 million from ATM to manufacture an additional 15 “Leonardo” metro trains for the c…
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U.S. Freight Rail Industry to Spend More than $22 Billion on Network
According to the Association of American Railroads (AAR), U.S. freight rail roads are projected to spend an estimated $22 billion to maintai…
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UK: Hitachi Rail Europe Generate 150 New Jobs
Hitachi Rail Europe, the company building and maintaining the new InterCity Express Trains to run on the Great Western route, is recruiting …
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Alstom to Support Train Availability in San Francisco
Alstom and the SFMTA have signed a two-year extension contract for an inventory control program, which enables SFMTA to improve fleet availa…
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DB CEO Dr. Rüdiger Grube Resigns
The Supervisory Board of Deutsche Bahn AG today unanimously approved Dr. Rüdiger Grube's request for his appointment to CEO to be rescinded …
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New Automation Systems Contract for Lyon Metro Signed
Alstom and the SYTRAL have signed a contract worth €91 million for the supply of new automatic operation systems to lines B and D of the Lyo…
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Austrian Railways Order Locomotives from Siemens
ÖBB (Austrian Railways) has signed a framework contract with Siemens for the delivery of up to 200 Vectron locomotives. Under the contract, …
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GB Railfreight Wins New Contract with B-Logistics
GB Railfreight (GBRf), one of the UK’s leading rail freight companies, has won a contract with B Logistics, the Belgian rail freight company…
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Alstom to Supply Citadis Trams for Kaohsiung Tramway Project
Alstom has been awarded a contract by China Steel Co. to supply 15 Citadis trams for Kaohsiung tramway project phase 2, which is expected to…
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Bombardier to Provide TRAXX MS Locomotives to Captrain Deutschland Group
Rail technology leader Bombardier Transportation and the Captrain Deutschland Group have signed a contract for six BOMBARDIER TRAXX MS locom…
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World's First Crowdfunded Train Now Running
Just over a year ago we ran a feature about a start-up company, Locomore, who wanted to get a crowdfunded train up and running between Berli…
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Search Underway for Company to Build HS2 Trains
The hunt for a company to design, build and maintain a fleet of state-of-the-art high speed trains for Britain’s HS2 network was launched to…
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SNCF Order New Generation Trains for Île-de-France Network
At its board meeting, SNCF selected the Alstom-Bombardier consortium to renew the trains on lines D and E of the Île-de-France network. This…
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DB Record Most Successful Year Yet for Freight Rail Transport
Deutsche Bahn Board Member Ronald Pofalla calls 2016 the most successful year yet for freight rail transport on the world's longest rail rou…
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National Express to Sell c2c Rail Franchise to Italy's Trenitalia
National Express Group PLC has reached an in principle agreement for Trenitalia, part of FS Italiane Group, to acquire the c2c rail franchis…
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A Vision for the Future of the U.S. Northeast Corridor
NEC FUTURE is a comprehensive planning effort to define, evaluate, and prioritise future investments in the Northeast Corridor (NEC), from W…
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North Section of Beijing Metro Line 16 Opens for Passenger Service
The North Section of Beijing Metro Line 16, MTR Corporation’s fourth metro project in Beijing, opened on 31 December 2016 for passenger serv…
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Union Pacific Acquires Railex LLC Assets
Union Pacific yesterday announced acquisition of Railex LLC's refrigerated and cold storage distribution assets in Delano, California; Wallu…
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New York Celebrates Second Avenue Subway Opening
Governor Andrew M. Cuomo celebrated the on-time arrival of the Second Avenue Subway – the system’s first major expansion in more than 50 yea…
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Siemens to Modernise Lima Metro Line 1
Siemens is to provide the complete traction power supply for the first section of Lima Metro Line 1, which covers around nine kilometres. Th…
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Austrian Federal Railways Orders New Regional Trains
Rail technology leader Bombardier Transportation and the Austrian Federal Railways (ÖBB) have signed on December 27 a framework agreement co…