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.
Amtrak has launched its Winter Wanderlust sale, offering up to 30% off fares on U.S. routes for travel between 1 December 2026 and 14 March 2027. The sale runs until 12 November and applies to Coach and Acela Business Class bookings.
Siemens Mobility will supply three Pioneer 220 high-speed trains for California under a USD 772.1 million contract, with options included.
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.
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.
At Wandsworth Town station, piling for new lift shafts has been completed as part of a £19.8 million step-free access upgrade. The island platform is back in use, and the station is expected to become fully accessible in summer 2027. The project is funded by the UK Department for Transport and Wandsworth Council.
A signalling fault caused by a power issue is disrupting trains on the West of England main line between London Waterloo, Salisbury, Yeovil Junction and Exeter St Davids. Engineers are replacing a cable, with delays, cancellations, diversions and rail replacement buses expected until about 3 pm.
An analysis says investors should focus on Alstom’s free cash flow recovery rather than its order book when judging turnaround potential.
Wensleydale Railway in Yorkshire received free track design support from TECS Ltd, which surveyed Leeming Bar yard and Bedale station curve and offered to complete design work for a yard reconfiguration and track relay.
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.
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.
Danish State Railways awarded ELL a EUR 26.35 million lease contract for up to 12 Siemens Vectron AC locomotives for regional and long-distance passenger services. The contract includes maintenance, spare parts and availability support, with initial entry into service expected from December 2026.
The Northampton and Lamport Railway will run its Winter Warmer event on 3 January 2027, with two steam locomotives in service and Bagnall No. 2 making its last operating day before leaving the railway.
Transport for Wales has opened consultation on Swansea Bay Metro proposals, including a possible new Cockett station, a reopened platform at Swansea, and more frequent services between Swansea, Pembrey & Burry Port, and possibly Ammanford via Neath. Comments are open until 13 December 2026.
VIA Rail has completed a C$310 million modernization of its Toronto Maintenance Centre, adding expanded heavy-maintenance facilities and a Vehicle Equipment Measurement System for early fault detection. The federally funded project supports VIA’s new Siemens Venture Corridor fleet and existing trains.
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.
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.
Montenegro’s transport ministry has opened a World Bank-financed tender for the design, supply and installation of safety equipment at 22 railway level crossings.
Belgian freight operator Lineas has extended lease contracts with Ermewa for about 4,000 freight wagons across its European network. The renewal continues a sale-and-leaseback arrangement first agreed in 2021 and comes as Lineas works through financial restructuring after government rescue support.
Sydney Metro Southwest has opened passenger services, completing Sydney’s 66 km metro line with 31 stations. Alstom supplied Metropolis trains, Urbalis CBTC signalling and maintenance services for the extension, and also maintains the fleet at Metro Trains Sydney’s Tallawong depot.
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.
Transport for Wales has proposed a Swansea Bay and West Wales Metro with new stations, extra services, a new platform at Swansea, track links and signalling-related enabling works. Phase A and Phase B plans are open for public feedback until 13 December 2026, with funding still to be secured.
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.
Network Rail completed drainage renewal and related maintenance on the East Coast Main Line in North Yorkshire after two weekend possessions. The programme included 300 metres of drainage at Chapman’s Bridge near Shipton, work on track, power lines and points, vegetation management, and a new bridge at Church Fenton for overhead line preparation.