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.
TRC Synergy said its subsidiary has a 30% interest in a joint venture awarded the RM2.69 billion Penang LRT CMC2 package. The five-year contract covers design and construction of a 5.5km sea-crossing viaduct, a navigation span, an elevated station and related works for the Mutiara Line.
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.
Hitachi Rail opened a new C$30 million, 125,000-square-foot headquarters and center of excellence for signalling and systems in Toronto, Canada. The facility is intended to support the company’s signalling and systems work in the Canadian market.
TRC Synergy said its subsidiary is part of a consortium awarded a RM2.69 billion contract for Penang LRT Mutiara Line Civil Main Contract 2. The 5.5km package includes a 3.05km sea bridge linking Macallum on Penang Island to Penang Sentral in Seberang Perai.
Alstom said first-half revenue rose 3% to €9.3 billion and orders rose to €11.0 billion, but it cut its 2026/27 outlook. The company cited technical issues and testing requirements on the Coradia Max platform and revised margins on selected rolling stock projects.
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.
A commentary says Alstom shares fell sharply after two profit warnings, with the company still weighed down by delayed projects, cost overruns and integration issues after the Bombardier Transportation deal. It says another warning cannot be ruled out as the new CEO prepares a future strategy update in 2027.
MRT Corp awarded a RM2.69 billion civil main contract to a CCCC-TRC Construction-Ufuk Semarak joint venture for the Penang LRT Mutiara Line cross-sea extension from Macallum to Penang Sentral. The 5.5km package includes a 3.05km bridge and is targeted for completion by December 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.
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.
At InnoTrans 2026, Vossloh launched new fastening systems for conventional, high-speed and urban rail, and added TrackStability software functions for track-buckling risk. The company also won about EUR 60 million in rail fastening contracts for two high-speed lines in Shandong, China, with deliveries from 2027.
Alstom says the new-generation TGV, known in France as TGV M, has entered commercial service. It is the first train based on Alstom's Avelia Horizon very high-speed platform and builds on the company's long history in high-speed rail.
ÖBB and SBB extended their passenger rail cooperation to 2036, covering more than 30 daily direct services and six night train routes from Zürich. Passenger numbers on the joint services have grown strongly over the past decade, alongside ÖBB’s rollout of new Siemens-built Nightjet trains.
Severn Valley Railway says its Halloween services sold out and Christmas steam specials are booking quickly. The heritage railway is offering Elf Express and Santa Steam experiences with live entertainment, storytelling and children’s gifts.
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.
Financial Times article on Alstom says the French rail company is facing a series of disruptions and knock-on problems. The provided text is only a partial excerpt.
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.
Hitachi Rail opened its new Canadian headquarters in Scarborough, Toronto, to serve its signalling and systems business. The company is delivering the Ontario Line and Hazel McCallion Line, and modernizing TTC Line 2 signalling after a $400 million contract award in July.
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.
Renfe has awarded Siemens a contract for 30 seven-car Velaro Novo high-speed trains. The trains will run up to 350 km/h, seat 520 passengers each, and be delivered over 62 months, with the first five due within 40 months.
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.
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.
GB Railfreight has appointed Jude Winstanley as CEO from 2 November 2026. John Smith will stay on in an advisory role on UK rail reform. The company says it continues investing in locomotives, maintenance facilities and depots, including Class 99 bi-mode locomotives.
SRI Rail Invest ordered a Vectron Dual Mode locomotive for delivery in late 2027 or early 2028. In a separate deal, it arranged financing for Projektbahn to acquire former ICE 2 vehicles from DB Fernverkehr.