Latest Business News
All the latest business news in the rail sector.
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Bombardier Ukrainian Railways MoU
Bombardier Transportation have signed a Memorandum of Understanding (MoU) with Ukrainian Railways to develop industrial activities in Ukrain…
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FS Italiane Issue €350m Bond
FS Italiane issue €350m bond, for 6 years floating rate notes, under the EMTN Programme listed on the Irish Stock Exchange.
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Abellio to Operate Rhine-Ruhr S-Bahn
Abellio North Rhine Westphalia have won a contract to operate Lot B of the Rhine-Ruhr S-Bahn, using 29 new Stadler FLIRT3 type EMUs.
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Russian Railways and Ferrovie Sign MoC
Russian Railways Ferrovie dello Stato Italiane Spa have announced that they have signed a Memorandum of Cooperation in Rome this week.
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PARC Condition Based Maintenance For East Japan
The East Japan Railway Company have awarded a contract to PARC to supply PARC Condition-Based Maintenance (CBM) technology.
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VIA Rail Canada Announce Intermodal Ticket Sales
VIA Rail Canada (VIA Rail) and Maritime Bus have announced that their partnership will be enhanced to encompass an intermodal ticket sale ag…
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NTT Data win myki Contract in Victoria
IT innovation company NTT Data have won a contract to operate and manage the Victoria myki ticketing system from 1 January 2017.
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Disposal of Balfour Beatty Infrastructure Partners
Infrastructure construction specialists Balfour Beatty plc announced on 1 July 2016 that it has exited from Balfour Beatty Infrastructure Pa…
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Alstom to Supply Chengdu Metro
Alstom has won a contract from Chengdu Metro Corp Ltd for 288 metro cars for the new Chengdu Metro Line 3, which is 50km long with 37 statio…
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First Chinese Straddle Monorail Successful Test
CRRC Qingdao Sifang Co, Ltd celebrated the successful test of the first Chinese straddled monorail train in Qingdao, East China's Shandong p…
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Bombardier Downer EDI JV Wins Perth Contract
Bombardier Downer EDI Joint Venture wins contract from Western Australia’s Public Transport Authority to supply an additional 10 three-car c…
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Alstom ETCS Pilot in New South Wales
Alstom has delivered, installed and tested its Alstom ETCS Level 2 signalling system in New South Wales as part of a pilot trial.
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Akiem Framework Agreement for Bombardier TRAXX
Bombardier have signed a framework agreement with rolling stock leasing company Akiem for 52 Bombardier TRAXX AC and MS locomotives.
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Go Ahead for Stadler KISS in Mäleb
Stadler have the go ahead to fill an order with Maleb in Sweden following the objection of a competitor being overruled in Swedish courts.
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Skoda Win Chemnitz Tram Contract
Skoda Transportation has won the Chemnitz tram contract for 14 modern vehicles of the ForCity range. The contract is worth approximately €36…
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Mitsu Rail Order Siemens Vectron Locomotive
Mitsui Rail Capital Europe (MRCE) has placed an order for ten additional Siemens Vectron locomotives to operate cross-border services.
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Cordant to Provide Crossrail Security
Security services supplier Cordant Services has won a competitive tender via Carillion Rail to become preferred supplier to Crossrail securi…
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Beacon Rail Leasing Acquire Ascendos Rail
Beacon leasing acquire Ascendos Rail Leasing S.à. r.l., a European locomotive and rolling stock leasing company to expand their portfolio.
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Riyadh Metro Line 5 Tunnel Excavation Complete
A milestone was reached on 8 June 2016 in the Riyadh Metro Project with the completion of tunnel excavations on the Green Line.
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Alstom Opens Rio Tramway Ahead of Olympic Games
Alstom celebrated the start of operations of the Rio Tramway, its first tramway line in Rio de Janeiro, in time for the 2016 Olympic Games.
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Abellio Order Bombardier TALENT 2 Trains
Abellio Rail Südwest GmbH has ordered 43 Bombardier TALENT 2 Trains from Bombardier Transportation in a €215 million contract for Baden-Würt…
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Alstom Win TransPennine Maintenance Contract
Alstom have won a TransPennine maintenance contract for works on the new fleet of TransPennine intercity trains. Alstom maintenance contract…
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ELL Orders 50 Siemens Vectron Locomotives
ELL have signed a framework agreement with Siemens for 50 Siemens Vectron locomotives, following on from a previous agreement in 2014.
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Bombardier to Supply CITYFLO 650 CBTC on KVMRT
Bombardier and Global Rail consortium to supply CITYFLO 650 CBTC systems on line 2 of the Klang Valley MRT in Kuala Lumpur, Malaysia.