Latest Business News
All the latest business news in the rail sector.
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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.
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Welcome to Abu Dhabi
MAE Has announced its attendance at the annual Middle East Rail & Saudi Rail 2024 shows in Abu Dhabi.
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Amtrak Highlights Plan for High-Speed Rail in Texas
Amtrak has provided an update on its plans for high-speed rail in the US, including a corridor between Dallas and Houston.
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California High-Speed Rail Presents Its Sustainability Strategies
The California High-Speed Rail Authority has highlighted its progress in sustainability while delivering its electric high-speed rail line.
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Derby City Council Confirms Potential Train Order for Alstom
Derby City Council has confirmed plans from the UK government to order new Elizabeth Line trains from Alstom's UK rolling stock factory.
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Alstom to Sell North American Signalling Business to Knorr-Bremse
Knorr-Bremse AG is entering the Control, Command and Signaling (CCS) market by acquiring the Alstom Signaling North America business.
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UK Government Advances Development of Northern Powerhouse Rail
The UK government has presented the next phase of development for the Northern Powerhouse Rail project between Liverpool and Manchester.
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FirstGroup Responds to TfN's Call to End Avanti West Coast Contract
A FirstGroup spokesperson has responded to Transport for the North's motion calling for the termination of Avanti West Coast’s contract.
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Transport for the North Votes to Terminate Avanti West Coast Contract
Transport for the North has passed a motion to write to the Secretary of State calling for the termination of Avanti West Coast’s contract.
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US: Planning and Development Grants Support Intercity Passenger Rail Services
The US Department of Transportation has awarded 900,000 USD to three agencies to enhance intercity passenger rail services.
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Alstom Plans Open Access Rail Service in England and Wales
Alstom and SLC Rail have partnered to deliver a new open access rail service between North Wales, Shropshire, the Midlands and London.
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Open Access Services from London to Stirling Gain ORR Approval
ORR has provided approval for Grand Union Trains to launch an open access rail service between London and Stirling, Scotland from June 2025.
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UK to Net Zero Requires 30% Increase in Rail Travel, Trainline Reports
Trainline has published a new report declaring that a 30% increase in rail travel is required by 2035 for the UK to meet its net zero goals.
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UK Government Reallocates £4.7 Billion of HS2 Funding
Local authorities in the North and the Midlands will receive 4.7 billion GBP in reallocated HS2 funding to improve transport connections.
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London Overground Lines Assigned New Names and Colours
Transport for London (TfL) has announced that London’s Overground lines will be given new names and colours for the first time.