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Alstom has penned two contracts worth a combined €116 million for 25 Coradia Lints in southern Germany.

Siemens and locomotive leasing company Mitsui Rail Capital Europe are set to establish a joint venture for the servicing and maintenance of locomotives.

Bombardier Transportation has received a new order for five Aventra trains for Transport for London's Elizabeth line - bringing the total number of ordered Aventra trains to 70.

The development follows the signing of a memorandum of understanding between the two in September, 2017, to counter the expansion of Chinese rolling stock manufacturer CRRC.

Connected to the East Coast Main Line from a site off of Hayfield Lane, the station would require seven miles of new track and provide a direct link to London and Newcastle in under 90 minutes.

Operating 24/7 at two minute headways, the 5.6km guideway transit system will connect Terminal 2 with the multi-billion dollar Terminal 3, which is currently under construction, as well as Frankfurt Airport long-distance station at Terminal 1. 

The Heathrow airport rail project will be one of the first under government plans to call for market led proposals from the likes of local authorities and private sector companies to invest in the rail network.

In total the infrastructure plan is set to cost around $7 billion with the remaining funding expected to come from federal and provincial sources.

Researchers from Finland and Norway have looked at options to build a new railway to the Arctic Ocean, which would improve Finland's logistical position, accessibility and security of supply.

Plans detailed in 2016 stated that Phase 1 of the route between San Francisco and Los Angeles would cost around $64.2 billion but this estimate has now risen to $77.3 billion.