Alstom cut its 2026/27 forecasts, with expected operating margin reduced from 6.5% to 1%, and delivery delays pushing some revenue into later years.
CPKC signed a five-year agreement to increase steelmaking coal shipments from British Columbia to Vancouver export terminals. CN expanded its Vaughan, Ontario fuel terminal to handle more than 15,000 railcars a year. Audi chose a Norfolk Southern-served site in Georgia for a EUR 3.6 billion factory.
Siemens completed its acquisition of MERMEC’s signaling, electrification, telecommunication, diagnostics and analytics businesses. The acquired perimeter includes about 1,700 employees and €430 million in fiscal 2025 revenue, with signaling contributing about 60% of revenue. Siemens said the businesses serve customers in more than 70 countries.
BBG Infrastructure won a ₹137.93 crore DMRC contract to design and construct seven elevated metro stations and a foot overbridge for Delhi Metro Phase 4. The tender had two bidders, but only BBG qualified technically. The work period is 660 days.
Opinion piece argues that ECRL’s high cost, loan burden and limited ridership or cargo capacity make its financial return doubtful, and says its value should be judged by wider economic spillovers rather than operating profits.
BASF InfraService & Solutions Lausitz will haul quartz sand between Hohenbocka and Schwarzheide for Captrain subsidiary RBB using its industrial railway, locomotives and staff. BASF also plans to use spare rail capacity for further third-party freight contracts.
The Merchant Navy Locomotive Preservation Society has formally taken ownership of steam locomotive 35025 Brocklebank Line. The group is assessing required restoration work, available parts and storage plans, with major components still needed for a future mainline return.
Jupiter Wagons said it won about EUR 138 million in new business in India for 2,583 freight wagons for Indian Railways and 405 ACT2 automobile carriers for GATX India and Chetak International. The Ministry of Railways also issued a separate tender for 5,800 BOBRN wagons, with no award yet announced.
Parsons, with Systra and Egis in the RMTC joint venture, has been awarded project and construction management services for the Riyadh Metro Red Line Extension in Saudi Arabia. The 8.4-km extension will add five stations and connect King Saud University to Diriyah South.
UIC reported that GCU Joint Committee members and rail freight experts met in Mainz on 29 October 2026 for a workshop on the future of the GCU, focusing on contract application, governance, organisation and digitalisation. The work will continue into concrete next steps.
UIC lists the 38th RAME event.
Freightliner renamed locomotive 90040 as The Railway Mission at a ceremony in Crewe. It is the first locomotive to carry Freightliner’s refreshed branding after the CMA CGM takeover, and Freightliner also donated £1,000 to Railway Mission.
Wabtec has reached 1,000 locomotives built at its Contagem plant in Brazil. Vale ordered 50 Evolution Series locomotives in 2025, and Wabtec also signed a USD 254 million deal with MRS Logística in September 2026 for locomotives, spare parts and maintenance through 2032. Some units are exported to Australia and Uruguay.
Porterbrook and GB Railfreight have signed a deal for 56 new MWA box wagons to be built by WH Davis in Nottinghamshire. The first wagon is due for completion by September 2027, and the wagons will carry recycled material to 7Steel’s Cardiff site.
An analysis says investors should focus on Alstom’s free cash flow recovery rather than its order book when judging turnaround potential.
ÖBB and SBB have extended their partnership to 2036 to continue daytime long-distance and joint night train services between Austria and Switzerland, including routes linking Vienna, Zurich, Innsbruck, Salzburg and other European cities. The companies say cross-border passenger numbers have grown over the past decade.
Siemens Mobility will supply three Pioneer 220 high-speed trains for California under a USD 772.1 million contract, with options included.
GMRC has invited bids for the ₹197.14 crore development and construction of the Gyaspur Depot for the Ahmedabad Metro Rail Project in Gujarat. The package covers depot infrastructure, an Operations Control Centre, and associated electrical and mechanical works. Bid submission closes on 20 November 2026.
Stadler has started construction of a new commissioning facility in Weinfelden, Switzerland, to relieve capacity constraints at its Erlen site. The EUR 44 million project includes indoor and outdoor test tracks, final assembly areas and technical space. Operations are expected to begin in the first half of 2028.
Eurostar appointed Christophe Fanichet, former CEO of SNCF Voyageurs, as its new CEO. He will oversee a EUR 2 billion fleet investment programme, including up to 50 Alstom double-decker high-speed trains under the Celestia programme, with first service expected in May 2031.
SYSTRA, as part of the RMTC joint venture led by Parsons, has been awarded PMCM consultancy for the Riyadh Metro Red Line extension in Saudi Arabia. The project will add 5.4 km, eight stations, mostly underground tunnels, and connect Diriyah to the wider network.
A World Bank Kenya Economic Update says the Mombasa–Nairobi SGR could have saved up to US$900 million if built at Tanzania-like costs. The report cites procurement irregularities, land speculation and corruption, and says governance weaknesses have raised public spending and borrowing costs.
Porterbrook will supply 56 new box wagons to GB Railfreight, with the wagons built by WH Davis in Nottinghamshire. The fleet is due to start completion in September 2027 and will be used to move recycled material to 7Steel’s Cardiff site for UK steel production.
The Vale of Rheidol Railway has completed its acquisition of the Brecon Mountain Railway in Wales. The two heritage narrow-gauge railways will keep their separate identities and locomotive fleets, while sharing engineering knowledge, maintenance, restoration work and facilities at Aberystwyth.
A Southco guide explains monitor mounts, torque control methods, and selection factors such as weight, vibration, safety factor, and end-use environment for applications including kiosks, vehicles, and industrial equipment.