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Rail News

Crossrail and London Overground operator MTR experiences strong global growth

17 March 2015 | By Katie Sadler, Digital Content Producer, Global Railway Review

MTR Corporation has announced strong global growth in the 2014 full-year results. The operator, which will run Crossrail of behalf of Transport for London (TfL), has seen revenue grow by 3.7% to £3.499bn and post-tax underlying profits from its recurrent business increase by 7.9% to £699m. 

Network Rail Easter railway improvements

16 March 2015 | By Katie Sadler, Digital Content Producer, Global Railway Review

Network Rail has announced the extent of railway infrastructure improvements over the Easter period.

Hitachi pre-series Class 800 train arrives in the UK

12 March 2015 | By Katie Sadler, Digital Content Producer, Global Railway Review

Rail Minister Claire Perry MP has today welcomed the arrival of the first Hitachi pre-series Class 800 train for the Intercity Express Programme (IEP) at the Port of Southampton.

EIB provides funding for Swietelsky’s research project

10 March 2015 | By Katie Sadler, Digital Content Producer, Global Railway Review

The European Investment Bank (EIB) has today signed a loan contract to provide Austrian company Swietelsky Baugesellschaft mbH funds from the “InnovFin” budget, a joint financing programme of the EIB and the European Commission to develop new systems to rehabilitate and maintain tracks on standard and high-speed railway sections more rapidly…