Latest Business News
All the latest business news in the rail sector.
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MTR Corporation Takes Over Stockholm Commuter Rail
MTR Corporation, the holder of the London Crossrail concession, is taking over another major European commuter rail service, the Stockholm P…
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Hitachi Unveils First UK Built Intercity Express Train
Hitachi Rail Europe (HRE), a global rail specialist with over 100 years of industry expertise, today celebrates the first Intercity Express …
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Alstom to Supply 20 Extra MP14 Trains to Line 4 of the Paris Metro
Alstom is to supply 20 MP14 trains consisting of 6 cars each to the STIF and the RATP for an amount of €163 million as part of the automatio…
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Siemens to Build New Streetcars for Charlotte Area Transit System
The Charlotte City Council chose Siemens to build six new S70 streetcars for the Charlotte Area Transit System (CATS), the public transit...
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New Chinese Signalling Joint Venture Wins First Contract
Bombardier Transportation announced yesterday that its Bombardier and New United Group (NUG) Signalling Solutions Co. Ltd. (BNS) joint ventu…
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Alstom Delivers Ahead of Schedule the First Lucknow Metro Trainset
Alstom has delivered ahead of schedule the first Metropolis trainset to Lucknow Metro Rail Corporation (LMRC). On 01 December, 2016, the met…
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Brazil: Salvador Metro Line 2 Opens
Less than two years after the work order that authorised the beginning of the works, Salvador Metro Line 2 received its first passengers. On…
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Vehicle Testing Marks Major Milestone for O-Train Confederation Line
A major milestone in the O-Train Confederation Line Light Rail Transit (LRT) project was celebrated as the first light rail vehicle (LRV) as…
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NSW Announces 'More Trains, More Services' Investment Programme
More Trains, More Services is a $1.5 billion capital investment programme that will boost capacity through hundreds of extra services, bette…
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Chicago: Freight Rail Industry Improves Train Management
Freight rail roads operating in Chicago are better prepared to manage rail traffic going to, from and through the Chicago region, thanks to …
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Alstom Obtains Certification for its Concrete Slab Track Solution
Alstom has received recognition from the Eisenbahn-Bundesamt (EBA), the German Railway Federal Authority, for NBT, its concrete slab track s…
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Hitachi Rail Italy Awarded €108m Maintenance Contracts
Hitachi Rail Italy has been awarded three Service contracts for a total amount of 108 million Euros. They are for the provision of maintenan…
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Renfe Selects Talgo for High-Speed Trains Contract
Spanish railways operator Renfe has awarded Talgo a contract for the supply of 15 very high-speed trains with a maximum commercial speed of …
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Tram-Train Link Between Glasgow Airport and City Centre Proposed
The £144m Glasgow Airport Access Project, which is the flagship project for the £1.13 billion Glasgow City Region City deal...designed tram-…
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Bombardier Wins Montréal Fleet Operations and Maintenance Contract
Rail technology leader Bombardier Transportation announced that it has been awarded an eight-year contract by Montreal’s Agence Métropolitai…
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BNSF and KCS join forces to offer Intermodal Transportation between Mexico and the U.S.
BNSF Railway Company (BNSF) and Kansas City Southern (KCS) recently announced a new joint service to offer intermodal transportation connect…
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HS2 Names £900m Enabling Works Contracts
HS2 took a step closer to construction today with the confirmation of three joint ventures to deliver essential early works, including...
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Arriva Takes Over London Overground Concession
Arriva, one of Europe’s biggest transport operators, takes over the sole running of London Overground concession from today. Arriva was awar…
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Transnet Grabs Market Share Despite Weak Economy
State-owned freight and logistics company Transnet reported a steady rise in revenue and maintained profitability as the company continues w…
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Bombardier Turnaround Plan Improves Financial Performance
Bombardier reported its third quarter 2016 results and highlighted solid performance executing its turnaround plan. With strong year-to-date…
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DfT: New West Coast Franchise Will Partner with HS2
The government today announced a new rail franchise which will combine the current InterCity West Coast services with the development of HS2…
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Frauscher Sensor Technology Acquired by Greenbriar Equity Group
Frauscher Sensor Technology, a leading supplier of train tracking solutions, has selected Greenbriar Equity Group LLC as its new equity part…
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Bombardier Turnaround Plan: 7,500 Positions Impacted
Bombardier announced today a series of actions as it continues to execute its five-year turnaround plan launched last year...