Articles tagged “trains”

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Trainline Stock Jumps in IPO Trading Debut for European Rail Booking App

Swetha Gopinath, Bloomberg

Trainline, the transport-booking app, saw investors giving their seal of approval to the fast-expanding company on its first day of trading. CEO Clare Gilmartin deserves props for having doubled annual ticket sales over three years to $4 billion (£3.2 billion) while also making the company profitable.

2 months ago

Ctrip’s International Strategy Fuels TrainPal’s Hyper Growth

Ctrip’s International Strategy Fuels TrainPal’s Hyper Growth

Tamsin Smith, Jing Travel

The runaway success of the ticket booking app marks the latest development in the Chinese online travel giant’s strategy to strengthen its fast-growing international business.

2 months ago

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

Patrick Whyte, Skift

With consumers much more aware of the damaging environmental impact of air travel, other forms of transport are having a moment. It might be a good time for Trainline's private equity owners to sell up.

3 months ago

Japan Tests the World’s Fastest High-Speed Train

Japan Tests the World’s Fastest High-Speed Train

Reed Stevenson, Bloomberg

Japan competes with China in building the world's fastest trains. Around 2030, JR East’s Alfa-X bullet train may become Japan's fastest-ever bullet train in service, capable of speeds of as much as 400 kilometers (249 miles) per hour. But expect China to respond in kind.

3 months ago

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Malaysia Resumes Major Rail Project After Agreeing to Price Cut

Eileen Ng, Associated Press

Money talks. After months of uncertainty, it seems like the plan is back on track.

4 months ago

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

High-Speed Rail Link From Houston to Dallas to Take Private Sector Funding Route

Thomas Black, Bloomberg

While most developed countries enjoy modern, high-speed rail travel, the U.S. is way behind. By the time it catches up, driverless cars with long-life batteries could supersede trains or perhaps climate change may have begun to wreak havoc.

6 months ago

Amtrak Sleeper Car Attendant Brings Old-Fashioned Hospitality to the Rails

Amtrak Sleeper Car Attendant Brings Old-Fashioned Hospitality to the Rails

Sarah Enelow-Snyder, Skift

Business travelers and commuters may be Amtrak's bread and butter, but many leisure travelers have decades of warm feelings for its sleeper cars, and the old-fashioned hospitality they afford.

9 months ago

What European Rail Companies Need to Do to Boost Growth From Tourism

What European Rail Companies Need to Do to Boost Growth From Tourism

Patrick Whyte, Skift

Rail travel is a complex beast and something the tourism industry has yet to fully embrace, but things are starting to change.

9 months ago

Thai High-Speed Rail Project Attracts Billionaire Bidder

Thai High-Speed Rail Project Attracts Billionaire Bidder

Suttinee Yuvejwattana and Sunil Jagtiani, Bloomberg

Linking up international airports would be great news for Thailand's tourism industry but as always with these big infrastructure projects, it's about weighing up the costs and benefits.

9 months ago

Bombardier Debuts a Battery-Powered Train in Berlin

Bombardier Debuts a Battery-Powered Train in Berlin

Brian Parkin, Bloomberg

In theory, hybrid electric trains should contribute far less to global climate disruption than today's diesel-powered trains. Bombardier's research and development work may also catalyze lucrative new businesses.

11 months ago

Amtrak May Swap Some Trains for Buses During Safety Upgrade

Amtrak May Swap Some Trains for Buses During Safety Upgrade

Alan Levin, Bloomberg

Swapping trains for buses will certainly worsen the lives of some passengers, but installing positive train control and preventing fatal accidents is urgent.

11 months ago

UK Government Is Taking Over a Key Rail Route

UK Government Is Taking Over a Key Rail Route

Christopher Jasper and Kaye Wiggins, Bloomberg

The ruling Conservative Party doesn't like to talk about public ownership, but in this case they've had no choice. The UK's rail system is broken and needs a total shake-up.

1 year ago