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HS2 invites tech SMEs to drive cost cuts, faster delivery in reset
Yahoo Finance· 2025-09-26 16:23
UK’s HS2 is inviting small and medium-sized technology firms to submit proposals aimed at lowering costs and accelerating timelines in support of the railway’s reset. The call for entries comes as HS2’s leadership conducts a broader review of the rail project. HS2 chief executive Mark Wild is leading the review. The company has started accepting applications for the eighth round of its Innovation Accelerator programme. Applications for this round of HS2’s Innovation Accelerator initiative, a partnership ...
Wabtec to Benefit From $4.2 Billion Locomotive Order: Here's How
ZACKS· 2025-09-24 18:46
Key Takeaways Wabtec signed a $4.2B multi-year locomotive deal with Kazakhstan's national railway KTZ.This deal boosts WAB's competitive position as a rail technology partner and innovator in the industry.Through this deal, WAB aims to offer Evolution Series locomotives and long-term maintenance services to KTZ.Wabtec Corporation(WAB) is strengthening its operations through strategic agreements. To this end, Wabtec has inked a multi-year locomotive deal worth $4.2 billion with National Company Kazakhstan Te ...
How Canadian National Railway Company (CNI) Strengthens a Long-Term Dividend Stock Portfolio
Yahoo Finance· 2025-09-24 15:48
Core Insights - Canadian National Railway Company (CNI) is recognized as a strong candidate for a long-term dividend stock portfolio despite facing challenges such as strikes, wildfires, and rising costs that have impacted profits in 2024 [2][3] Financial Performance - The stock has experienced a 20% decline over the past year, influenced by external pressures, although revenue showed a slight increase [2] - In the second quarter, CNI improved its operating ratio to 61.7%, a 2.3% decrease from the previous year, indicating enhanced efficiency in converting revenue into profit [3] Dividend Information - CNI boasts a 29-year history of consistent dividend growth, currently offering a quarterly dividend of C$0.8875 per share, resulting in a dividend yield of 2.76% as of September 21 [4] Market Challenges - The company faces uncertainty in demand due to US tariffs reducing trade volumes in key markets, complicating guidance through 2026 [2]
X @The Economist
The Economist· 2025-09-23 09:40
The launch of a train which travels between Boston and Washington, DC, despite being several years late, comes at a particularly hopeful moment for America’s national railway firm. We explain why https://t.co/4tL8CeJIx0 ...
Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order
Businesswire· 2025-09-22 18:07
Core Viewpoint - Wabtec Corporation has secured a significant agreement with Kazakhstan Temir Zholy (KTZ) for the delivery of Evolution Series locomotives and long-term service support, valued at $4.2 billion, marking the largest locomotive deal in the company's history [1] Group 1 - The agreement is a multi-year order, highlighting the long-term partnership between Wabtec and KTZ [1] - This partnership has been instrumental in transforming Kazakhstan's rail industry over the past two decades [1]
Exclusive-Ukrainian Railways plans freight tariff increase to tackle debt
Yahoo Finance· 2025-09-22 15:07
By Pavel Polityuk and Max Hunder KYIV (Reuters) -State-owned Ukrainian Railways has prepared a recovery plan that includes raising freight tariffs to help control its debt amid intensified Russian attacks and falling cargo deliveries, CEO Oleksandr Pertsovskyi said in an interview. The company, which employs 170,000 people and dominates freight and passenger transport in Ukraine, has seen cargo traffic almost halved since early 2022, while operation costs are rising because of war damage. If the recov ...
Alstom’s proposals to develop Sweden’s railway system
Yahoo Finance· 2025-09-19 16:41
Alstom published a report outlining five measures that could help accelerate the development of Sweden’s railway network, focusing on punctuality, capacity, infrastructure, skills and innovations. "Bringing the railway up to speed with Sweden – five proposals for a better railway system" links the proposals to ongoing national investment in new and upgraded rail infrastructure. The report proposes closer collaboration with authorities as one of the measures, emphasising stronger cooperation between the r ...
Nokia Deploys World’s First Commercial 1900 MHz 5G Radio Network Solution For German National Railways
Yahoo Finance· 2025-09-19 04:20
Core Insights - Nokia Oyj has partnered with Deutsche Bahn to deploy the world's first commercial 1900 MHz 5G radio network solution with a 5G Standalone (SA) core, marking a significant advancement in railway communications [1][2][3] Group 1: Deployment and Technology - The 5G radio network solution is currently operational on live outdoor test tracks, enabling Deutsche Bahn to utilize a modern mobile network specifically designed for 5G railway communications in Europe [2][3] - This deployment aims to transition the railway industry from the legacy Global System for Mobile Communications for Railway (GSM-R) to the 5G-based Future Railway Mobile Communication System (FRMCS), which incorporates advanced technologies such as AI [4] Group 2: Benefits and Future Prospects - The installation of the 5G network is expected to enhance the resilience, efficiency, and sustainability of rail operations through improved digitalization, capacity, and service reliability [4] - Deutsche Bahn's collaboration with Nokia is crucial for integrating the latest innovations into their operations, with plans for further pilots and future rollouts based on this successful deployment [3][4] Group 3: Company Overview - Nokia Oyj provides a range of network solutions, including mobile, fixed, and cloud services, operating through four segments: Network Infrastructure, Mobile Networks, Cloud Network Services, and Nokia Technologies [5]
Madeleine Paquin Appointed to CN Board of Directors
Globenewswire· 2025-09-18 14:30
Core Insights - CN has appointed Madeleine Paquin to its Board of Directors, effective October 29, 2025, enhancing the Board's oversight of the company's strategy and long-term value creation for shareholders [1][2]. Company Overview - CN is a major player in the transportation sector, safely transporting over 300 million tons of natural resources, manufactured products, and finished goods across North America annually [7]. - The company operates a nearly 20,000-mile rail network, connecting Canada's Eastern and Western coasts with the U.S. Midwest and Gulf Coast, contributing to sustainable trade since 1919 [7]. Board Member Profile - Madeleine Paquin, 63, has extensive experience in logistics and supply chain management, having served as President and CEO of LOGISTEC Corporation from 1996 to January 2024, which operates in over 50 ports and 90 terminals across North America [3][4]. - She currently holds directorships at Air Canada Ltd and has been involved with various maritime and trade associations, enhancing her strategic planning and corporate governance expertise [5][6]. - Paquin is a graduate of the Richard Ivey School of Business and HEC Montréal, recognized with numerous awards including the Order of Canada and induction into the International Maritime Hall of Fame [6].
CN Partners with the New Orleans Saints to Promote Rail Safety
Globenewswire· 2025-09-15 12:00
Group 1 - CN announced a partnership with the New Orleans Saints for a safety initiative during See Tracks? Think Train® Week from September 15 to 19 [1][2] - The initiative involves CN Police officers and New Orleans Saints members visiting schools to promote railway safety awareness among students [2][3] - The collaboration aims to empower youth to become safety leaders in their communities and reduce unsafe behaviors around railway properties [3] Group 2 - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of goods annually across North America [4] - The company has been contributing to sustainable trade and community prosperity since its establishment in 1919 [4]