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Rail
The latest news, analysis and policy updates across freight and passenger railways.


Alstom absorbs Cummins rail hydrogen unit as European fuel-cell retreat accelerates
Alstom has taken the rail hydrogen fuel-cell business of Cummins in-house, concluding a deal that underscores how Europe's flagship alternative-traction programme is shifting from a growth story to a maintenance commitment. The French train manufacturer confirmed on 2 April that it had acquired the engineering, product and support operations supplying fuel cells for its Coradia iLint trains, including the Herten assembly site in north-west Germany and the Hydrogenics entity t
2 days ago


Deutsche Bahn's Decade of Disruption
Germany's state rail operator books a second consecutive billion-euro loss, with no quick fix in sight Deutsche Bahn ended 2025 with a net loss of 2.3 billion euros, widening from 1.8 billion euros the previous year, as decades of underinvestment in Germany's rail network continued to erode the group's finances and test the patience of its passengers. The headline figure was heavily shaped by a 1.4 billion euro impairment charge at DB Long-Distance, reflecting reduced revenue
4 days ago


Deutsche Bahn: More Passengers, Less Punctuality and a €2.3bn Hole
Germany's state railway is carrying more passengers than ever and losing money at scale. Deutsche Bahn posted a net loss of €2.3 billion for 2025, the company confirmed in late March, a result that lays bare the tension at the heart of one of Europe's most ambitious infrastructure programmes. Group revenues rose 3% to around €27 billion and operating profit returned to positive territory at €297 million, but those headline figures were overwhelmed by a €1.4 billion writedown
6 days ago


Renfe Abandons Paris Bid as French Certification Impasse Drags on
Spain's state-owned rail operator Renfe has surrendered its capacity reservations on the Paris corridor, formally ending years of failed attempts to bring its Talgo-built Avril trains onto one of Europe's busiest high-speed routes. The withdrawal, confirmed to AFP and announced on 1 April, draws a line under an ambition that has defined Renfe's international strategy for the better part of a decade. The operator told the French news agency it could not establish a stable hori
Apr 9


Deutsche Bahn Posts €2.3bn Loss as Infrastructure Crisis Deepens
Germany's state-owned railway has reported a net loss of €2.3 billion for 2025, widening from €1.8 billion the previous year, in results that lay bare the structural rot at the heart of Europe's largest rail network and raise fresh questions about Germany's ability to deliver on its green transport ambitions. A write-down of approximately €1.4 billion at DB Fernverkehr, the long-distance passenger division, drove the headline loss, with the company citing lower revenue expect
Apr 7


Baltic States Order Trains for a Railway That Is Not Yet Built
Estonia, Latvia and Lithuania have launched a joint tender for up to 20 high-speed regional trains to run on the Rail Baltica corridor, pressing ahead with rolling stock procurement even as the infrastructure those trains are meant to serve remains years from completion. The tender, published in mid-March, covers electric multiple units capable of 200 kilometres per hour on the European standard gauge. Estonia is leading the initial order with five trains and an option for tw
Apr 1
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