Passenger Rail

Passenger Rail

RIA's new paper highlights the benefits of rail electrification

The UK's rail industry is calling on the Government to accelerate the pace of rail electrification to meet its target of removing all diesel-only trains from the network by 2040 and achieving a net-zero railway by 2050. In the new paper, the RIA argues that electric rail is superior to diesel and hydrogen trains in almost every way, from lower cost to greater reliability and capacity.

Marketa Horpeniakova April 8, 2023 · 2 min read
Passenger Rail

DB: Back in the black confirmed

Despite the burdens on the rail business due to the consequences of the pandemic, the war in Ukraine and a sharp rise in inflation, the DB Group closed the financial year 2022 with a significant operating profit of almost €1.3 billion.

Karel Novak March 31, 2023 · 4 min read
Passenger Rail

USD 3 billion for UAE-Oman rail network

Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, have signed a cooperation agreement with Mubadala Investment Company, a sovereign wealth fund in Abu Dhabi, to support the development of the 303 km rail network linking Oman and the UAE, with a total investment value of USD 3 billion.

Karel Novak February 24, 2023 · 3 min read