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Global Railway Review’s key rail industry trends in 2023
Following a turbulent few years for the rail industry, Global Railway Review looks ahead to some of the top industry trends to keep an eye on in 2023.
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Funding & Finance
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Amtrak signs PLA to kick off B&P tunnel replacement
Amtrak kicked off the Baltimore-Potomac Tunnel Replacement Programme alongside President Biden and USDOT.
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Reliability upgrade set for track between Scarborough and Hull
Network Rail are upgrading three miles of railway tracks between Scarborough and Hull as part of a £3.2m investment to improve reliability.
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BNSF announce 2023 capital investment plan
BNSF Railway Company’s 2023 capital investment plan is worth $3.96 billion and will focus on keeping the rail network reliable for customers.
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GCRE begins next step in private investment process
The Global Centre of Rail Excellence have outlined the next phase of its plans to bring private sector investment into the company.
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VPRA responds to winning funding for rail improvements in Virginia
The Executive Director of the Virginia Passenger Rail Authority (VPRA) says the funding "shows bipartisan support for including rail as a part of our transportation network."
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Network Rail announces trusted suppliers for Wales & Western upgrade
Network Rail’s trusted suppliers will deliver the region’s £2 billion programme of works to renew buildings and structures such as bridges, tunnels, culverts, and drainage.
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Governments of Canada and Ontario invest over $30m in Huron Central Railway
The Governments of Canada and Ontario are investing a combined $31.5 million to ensure reliability and resiliency in the Huron Central Railway.
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LTG Link sign passenger transport agreement with the Ministry of Transport and Communications
LTG Link and the Ministry of Transport and Communications have signed a passenger transport agreement for 2023-2032 to create even more convenient conditions for rail travel.
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GB Railfreight announce locomotive leasing deal with Akiem
GBRf have agreed a 10-year locomotive leasing deal with Akiem which will see £25 million invested to increase the number of locomotives across GBRf’s operations.
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How does ProRail deal with extreme weather conditions?
Global Railway Review’s Elliot Robinson interviews René Peusens of ProRail about the challenges that extreme weather conditions pose for the infrastructure manager, and the most effective approaches to dealing with climate change in the Netherlands.
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UK Business Minister tours University of Birmingham railway research centre
Nusrat Ghani, UK Business Minister, has toured the University of Birmingham to learn about its world-leading research in railway innovation.
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RIA Scotland welcome rail investment plans
RIA Scotland has welcomed the Scottish Government’s Budget which saw a commitment to a sustained level of rail funding in 2023-24.
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Renfe orders 49 additional Coradia Stream trains
Renfe have awarded Alstom a contract worth almost €370 million to supply additional Coradia Stream high-capacity trains.
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NS orders 60 double-decker trains from CAF
NS has awarded CAF a contract, valued at more than €600 million, for the supply a new fleet of 60 double-decker trains for intercity services.
