Archive for category: Business

RegioJet to launch intercity trains from Prague to Vienna

Train operating company RegioJet has announced plans to launch a new Prague to Vienna connection. The Czechoslovakian firm said the inter-city service will be operational from December 2017 and will link the two capital cities, via Břeclav and Brno, four times a day in each direction. Austria’s Graz-Köflach Railway (GKB), which operates passenger and freight trains, will partner […]
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RegioJet to launch intercity trains from Prague to Vienna

Train operating company RegioJet has announced plans to launch a new Prague to Vienna connection. The Czechoslovakian firm said the inter-city service will be operational from December 2017 and will link the two capital cities, via Břeclav and Brno, four times a day in each direction. Austria’s Graz-Köflach Railway (GKB), which operates passenger and freight trains, will partner […]
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Virgin and Stagecoach partner with SNCF for West Coast franchise bid

Virgin and Stagecoach, the current operators of the West Coast rail franchise, have established a new joint venture with SNCF to bid for the future West Coast Partnership operating contract. Virgin and Stagecoach said they’d brought France’s national rail operator onboard to meet a requirement in the future franchise agreement for experience in high-speed rail […]
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California High Speed Rail Authority CEO to step down

The CEO of the California high-speed rail project – what would be the USA’s first true high-speed rail network – has announced he is to step down. After five years with the California High-Speed Rail Authority (CHSRA), Jeff Morales has announced his decision to resign in a letter sent to governor Jerry Brown and the […]
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Alstom awarded €17m contract for Buenos Aires underground line

Subterráneos de Buenos Aires (SBASE) has awarded Alstom a €17 million contract to renew the power supply for Line B of the city’s metro network. Line B already serves around 250,000 passengers a day and the project is expected to increase this capacity. The project will cover the design, assembly and commissioning of medium voltage ring cables, third rail […]
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Bechtel awarded HS2 Phase 2b contract

California-based construction and civil engineering firm Bechtel has been chosen as the preferred bidder to become the development partner for HS2 Phase 2b. The role had initially been awarded to CH2M but following the threat of legal action over a potential conflict of interest it withdrew from the £170 million deal. At the time, CH2M said […]
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Third facility for overhead line electrification opens in Crewe

A new facility for pre-assembling overhead line equipment for electrification has opened in Crewe. Developed by Unipart and VolkerRail, it is the third fabrication facility of its kind and will support Network Rail’s North West Electrification Programme – phase 3 (NWEP3) project. The new facility has resulted in the hiring of five new fabricators and apprentices, and follows the opening […]
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FS to provide technical support to Buenos Aires RER network

Italy’s state-owned FS Group has signed an agreement with the Argentinian Ministry of Transportation to provide technical assistance on the Buenos Aires RER project. FS, which manages the maintenance and operation of the Italian rail network, will provide services and technical advice for the planned Red de Expresos Regionales (RER), in Buenos Aires. RER will see the creation […]
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Virgin at 20

Andy Milne looks back at 20 years of Virgin’s involvement with the rail industry Well, my dear, how does it feel to be a Virgin again?’ 20 years ago, when Virgin first took to the metals, you could get away with such humour. Cue hearty gales of laughter down the line from Birmingham. Broken-hearted Miriam […]

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UK landmark as first export train departs for China

UK rail freight has achieved a significant landmark after the first export train departed from London for China. Laden with British soft drinks, vitamins and pharmaceutical products, the train left earlier today (April 10) to begin the 7,500 mile journey to China’s Zhejiang province. Today’s launch comes just three months after the first import train arrived in […]
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German rail exports grow

German rail exports increased by 5.2 per cent last year to €6.1 billion, accounting for more than half of the sector’s €11.8 billion turnover in 2016. Although the industry’s export rate rose to 52 per cent – overtaking the domestic market – the German rail industry association, Verband der Bahnindustrie (VDB), said it was unhappy with […]
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