Ares has agreed to acquire Infinity Transportation, a US railcar leasing business with about 50,000 railcars leased to more than 350 customers across the US, Canada and Mexico, for about $2.9 billion. Completion is expected in Q1 2027, subject to approvals.
MRT Corp has awarded a RM2.69 billion civil main contract to a JV of CCCC, TRC Construction and Ufuk Semarak for the Penang LRT Mutiara Line cross-sea extension. The 5.5km package includes a 3.05km sea bridge linking Macallum on Penang Island to Penang Sentral in Seberang Perai.
MRT Corp has awarded a RM2.69 billion contract for CMC2, covering design and construction of a 5.5km Penang Mutiara Line extension from Macallum Street to Penang Sentral, including a 3.05km sea-crossing bridge. The 22-station project is 16% complete and is expected to open in 2031.
TRC Synergy’s JV CCCC-TRC-UFUK accepted a RM2.69 billion contract from MRT Mutiara Sdn Bhd for Penang LRT Mutiara Line Package CMC2. The five-year scope covers a sea crossing viaduct with navigation spans, an elevated station, and associated works from Macallum to Penang Sentral.
Premium PSU will present its full auxiliary and services power conversion range for rolling stock at InnoTrans 2026 in Berlin, including AC/DC supplies, DC/DC converters, inverters, VFDs and DC-UPS. The products are engineered to EN 50155 and related railway standards and built in Barcelona.
Hyderabad Airport Metro Limited received bids from two international consortiums for the General Consultancy contract for Package 1 of Hyderabad Metro Phase 2. The consultant will support tendering, construction supervision, systems integration, testing and commissioning for four corridors totalling 63 km and 44 stations.
UIC lists the 38th RAME event.
UIC said it will participate in COP31 to promote rail’s role in climate action, focusing on carbon-credit methodologies and including rail in national adaptation planning. It also highlighted the MoveCredits Coalition and joint work with UITP and Alstom on rail and public transport climate finance and resilience.
Indian Railways reported higher coal and overall freight loading in October, CONCOR ordered 12 rakes of container wagons from Golden Rock Workshop, DP World expanded double-stack services from JNPA, and the Rowghat iron ore line was commissioned. A new East-West dedicated freight corridor is under study.
Hitachi Rail marked the opening of the first operational section of Chennai Metro Phase II, a 15 km, 11-station elevated corridor powered by its CBTC signalling for GoA4 driverless operation. The wider Phase II signalling contract, awarded in 2023, covers 119 km of metro lines.
Alstom announced the first ETCS Level 2 passenger service in Romania, using a Traxx Passenger electric locomotive and ETCS Level 2 trackside infrastructure between Buftea and Brazi on the Bucharest–Budapest line. The service began after the locomotives entered passenger operation in September 2026.
Kelantan says the ECRL station at Cherang Tuli, Pasir Puteh, will be supported by industrial, logistics and warehousing development, including a proposed dry port in Bandar Baru Tok Bali, to create jobs and local business opportunities.
Hanoi has signed EPC turnkey contracts for five driverless metro lines, Lines 1, 2, 8, 10 and 14, totalling about 253.5 km. The programme targets GoA4 automation, CBTC, depots, and digital delivery tools, with completion planned for 2030.
Berlin-based Rail Unit received a Stadler EuroDual and an Alstom TRAXX MS3 in October 2026 as it expands from railway personnel services into its own freight operations in Germany. The locomotives were leased from European Loc Pool and Northrail, following the company’s railway undertaking licence and safety certification.
East Midlands Railway says the Derwent Valley Line between Derby and Matlock will close from 14 to 22 November 2026 for £3m of Network Rail upgrade works, mainly track renewals at Whatstandwell, Cromford and Matlock Bath. Over 3,500 sleepers and 6,400 tonnes of ballast will be installed.
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.
Network Rail will spend £1.75m to renew 1,300 metres of track, sleepers and ballast on a bridge between Rishton and Accrington in East Lancashire. The East Lancashire line will close on 22, 28 and 29 November, with rail replacement buses operating during the work.
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.
Train services between Peterborough and London King’s Cross will be disrupted on 28–29 November due to digital signalling installation work on the East Coast Main Line. The work includes diagnostic system and software updates, track renewal, step-free access works, canopy work, and overhead line equipment upgrades.
MRT Corp awarded the RM2.69 billion Civil Main Contract 2 for the Penang LRT Mutiara Line. The package covers a 5.5km extension from Macallum to Penang Sentral, including a 3.05km sea-crossing bridge. The project is under construction and reported 16% complete.
Kelantan plans industrial and logistics development around the ECRL station in Cherang Tuli, Pasir Puteh, including processing industries, warehousing, a logistics hub and a proposed dry port in Bandar Baru Tok Bali. The state also wants supporting roads, distribution centres and last-mile logistics facilities.
UIC’s Global Level Crossing Network met in London on 28 October 2026 to share research and measures on level crossing safety, including youth risk perception, pedestrian fatalities, enforcement using drones, and human-factors assessment on low-frequency lines. UIC said a consolidated IRS on level crossing safety will be published by early 2027.
Robin Hood Line Community Partnership published its 2025 annual report, covering community engagement, rail safety education, station adoption, active travel, and local projects on the Nottinghamshire line. It also noted an award-winning Fusion Learning initiative and various community events and school visits.
Network Rail will replace a substandard railway bridge over Agbrigg Road in Wakefield for £5m over the Christmas period. The work will require a line closure between Doncaster and Leeds and road closures near Sandal and Agbrigg station.
Hitachi Rail signed a contract to supply railway signalling systems for the T26 tunnel and Bilecik depot on Turkey’s Ankara–Istanbul line.