Latest Business News
All the latest business news in the rail sector.
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Federal Partnership to Expedite Environmental Reviews in California
The California State Transportation Agency and the California High-Speed Rail Authority have renewed an FRA agreement to expedite environmen…
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National Audit Office Examines Revised HS2 Plans
The UK's National Audit Office (NAO) has released a report on HS2, following the cancellation of Phase 2 in October.
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UK: FirstGroup Looks to Engage Young People to Create 'Generation Rail'
First Rail is calling for a comprehensive industry approach to engage young people as lifelong rail advocates and unlock a ‘Generation Rail’…
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High Desert Corridor High-Speed Rail Project to Be Constructed in California
Union leaders and elected officials have signed agreements to deliver the High Desert Corridor (HDC) High-Speed Rail Project in California.
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ORR Presents Annual Assessment of UK Rail Industry
The Office of Rail and Road (ORR) has presented its annual assessment of the UK rail industry and set out priorities for the year ahead.
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The King's Speech Presents Plans to Nationalise UK Railways
In the UK, The King's speech has promised new legislation to bring rail services back into public ownership once current contracts expire.
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Talgo Receives Potential Merger Offer from Škoda
Rolling stock manufacturer, Talgo has received a proposal from Škoda Transportation for "business combination and industrial integration."
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Campaign for Better Transport Calls for HS2 Action
Campaign for Better Transport is calling on the new UK government to halt the sell-off of HS2 land and revive the project's future.
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$153 Million to Improve US Intercity Rail Network
The Federal Railroad Administration (FRA) has announced 153 million USD in funding to improve the US intercity passenger rail network.
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New Report Calls for Long-Term Planning for UK Transport
London Transport Museum, Mott MacDonald, Gowling WLG and Hitachi Rail have published a report, advocating for long-term planning in UK trans…
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US: $11 Billion in Grants and Financing for Hudson River Tunnel Project
The Biden-Harris Administration has awarded 11 billion USD in grants and financing for the Hudson River Tunnel Project.
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UK: New Transport Secretary to Drive Forward Rail Reform
Louise Haigh has been appointed the UK's new Transport Secretary, promising to "deliver the biggest overhaul to transport in a generation."
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Arriva Launches New Rail Route across Belgium, the Netherlands and Germany
Arriva Netherlands has launched a new rail route connecting Belgium, the Netherlands and Germany.
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Alstom Prioritises Accessibility in Public Transport
To meet the accessibility and inclusivity values within its ESG strategy, Alstom continues to work with Fundación ONCE.
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Tri-Rail Launches New Express Service to MiamiCentral
The South Florida Regional Transportation Authority (SFRTA) has launched a new Tri-Rail express train service from 1 July.
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Amtrak Publishes Its Latest Sustainability Report
Amtrak has released its fiscal year 2023 Sustainability report, detailing its progress towards net-zero greenhouse gas emissions by 2045.
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Hitachi Rail Acquires Thales’ Ground Transportation Systems
Hitachi Rail has officially acquired Thales’ Ground Transportation Systems for a price of 1.66 billion EUR.
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VIA Rail Unveils Strategic Plan for Passenger Rail Services in Canada
Via Rail has unveiled its VIAction 2030 strategic plan to transform passenger rail services in Canada.
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FirstGroup Applies to Operate Rochdale to London Lumo Service
FirstGroup has submitted an application to run a new open access rail service between Rochdale and London as part of its Lumo business.
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Mark Wild OBE Named New CEO of HS2 Ltd
HS2 Ltd has appointed Mark Wild OBE as its new CEO to oversee the completion of the UK's high-speed railway.
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Škoda Group Acquires Cegelec A.S.
Škoda Group has announced it has acquired electrical equipment developer Cegelec a.s. from VINCI Energies.
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UK: Grand Central Proposes Additional Open Access Rail Services
Arriva’s Grand Central has submitted an application to the Office of Rail and Road (ORR) to expand its open access rail services in the UK. …
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US: Over $2 Billion Announced in Northeast Corridor Funding
The Federal Railroad Administration (FRA) has announced over 2 billion USD in funding for projects on the Northeast Corridor (NEC).
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ARTC Receives Over $1 Billion from Australian Government
The Australian Rail Track Corporation (ARTC) has announced it has received over 1 billion AUD in funding from the Australian Government.