The California High-Speed Rail Authority’s latest yearly economic impact analysis underscores the growing value of California’s investment in high-speed rail amid the economic uncertainty of the COVID-19 pandemic.
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An open letter written to the UK's Chancellor and Secretary of State by London’s business leaders, has urged the government to step in and offer financial assistance to Eurostar.
In support of its international growth strategy and to strengthen its financial protection from COVID-19, Lineas has secured €60 million in additional funding.
Railpool will recieve a total of €150 million from four banks for the acquisition of new rail vehicles over the course of seven years.
The grants will help commuter rail authorities in California, Massachusetts, New York, Pennsylvania and Washington eliminate hazards at highway-railway crossings.
According to a new study, UK government investment into rail research at the Universities of Leeds and Huddersfield would deliver significant benefits to the North of England's economy.
Following England being placed into a third national lockdown, Hull Trains and Grand Central have again announced a period of hibernation.
The update from HS2 includes figures regarding recruitment and apprenticeships, sustainability, construction and rail freight.
Take a look at Global Railway Review's most read articles of 2020, including Scotland’s ambition to deliver a decarbonised rail network, the feasibility of a high-speed rail service between Chicago and NYC, and the opportunities for using big data analytics on India’s national railway network.
Take a look at Global Railway Review's most read news stories of 2020, including an app to help social distancing on trains, the world’s first two hydrogen trains successfully completing trial passenger services, and American high-speed rail project developments.
The agreement with DfT has outlined that FirstGroup will not be required pay a pre-existing franchise agreement termination sum for Avanti, but must pay a contribution of £33.2 million for SWR.
The project involved the installation of 1.5 miles of a new, electrified main line third track, enabling Amtrak to eliminate a previous two track bottleneck.
After the announcement in August 2020 that Crossrail Ltd would require funding beyond the original agreed funding envelope, a new £85 million package has been agreed upon.
Fifteen rail schemes across England have been awarded up to £50,000 to accelerate plans that could restore lines and stations to communities, including those closed during the Beeching cuts.
Despite delivering safety improvements and fast-tracking technology projects during the pandemic, Amtrak's President and CEO has said that without additional funding for 2021, the corporation may be forced to further reduce services, defer critical capital projects and make more job reductions.