Railway Industry Association news
News about UK trade body the Railway Industry Association.
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Rail Business UK
Portuguese and UK railway industry associations to co-operate
EUROPE: Portuguese industry organisation Plataforma Ferroviária Portuguesa and the UK’s Railway Industry Association have signed a memorandum of understanding for co-operation. The agreement signed as part of a visit by 16 British companies covers: exchanging information on research, development and innovation; sharing best practice on ...
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Rail Business UK
The right policies could increase ticket revenue without higher fares, says RIA
UK: The Railway Industry Association has published a ‘fresh blueprint’ for ticketing reform, saying a focus on customer experience and boosting ridership could drive revenue growth without needing to increase fares. The Destination: Revenue Growth report based on input from RIA’s members was launched by Innovation ...
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Rail Business UK
Rail demand to exceed capacity under any scenario, says Steer
UK: Rail passenger numbers will grow steadily even under the most pessimistic scenarios and could double by 2050, according to research undertaken by consultancy Steer for the Railway Industry Association. Passenger volumes could grow between at least 37% and nearly 100% up to 2050, when compared ...
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Rail Business UK
Latest tranche of Transpennine Route Upgrade funding confirmed
UK: The release of a further £3·9bn tranche of funding for the ongoing £11·5bn Transpennine Route Upgrade was confirmed by Rail Minister Huw Merriman on December 4. The Department for Transport indicated that work on TRU would be accelerated through the cash injection and noted that ...
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Rail Business UK
RIA outlines priorities for Midlands & Eastern rail suppliers
UK: The Railway Industry Association’s Midlands & Eastern division has published a paper setting out four priorities for the region’s rail suppliers, emphasising that suppliers are keen to work with regional stakeholders to unlock projects that are due to be funded through the Levelling Up and ...
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Rail Business UK
Rail supply sector confidence at a five-year low
UK: There has been a significant increase in negative sentiment among rail supply businesses over the last 12 months, and more than half believe the industry will contract in the next year, according to polling commissioned by the Railway Industry Association. ‘The survey’s conclusions are deeply ...
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Rail Business UK
Rail suppliers and unions call for clarity on High Speed 2
UK: Ahead of the Conservative party conference on October 1-4 the Railway Industry Association has set out ‘key asks’ to provided clarity on the future of the rail industry, while trade unions have called for a High Speed 2 project summit. Industry asks Supply industry association ...
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Rail Business UK
Decisions are needed to avoid threat to UK rolling stock factories
UK: There is a risk of losing industrial capabilities and skilled workers unless the government takes decisions needed to enable the replacement or upgrading of the oldest rolling stock, according to a report from the Railway Industry Association. RIA says current orders are set to end ...
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Rail Business UK
British railway supply sector targets Middle East opportunities
UK: More than 30 British rail businesses promoted their export products and services in the UK Pavilion at the Middle East Rail trade fair. The pavilion at the event held in Abu Dhabi on May 15-16 was organised by the Department for Business & Trade, the ...
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Rail Business UK
Industry leaders call for Great British Railways legislation
UK: More than 60 rail supply business leaders have signed an open letter to the Prime Minister urging him to bring forward the bill which would formally establish Great British Railways before the end of this parliament. The government published its rail reform proposals in 2021, ...
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Rail Business UK
RIA outlines the benefits of rail electrification
UK: A paper setting out the key benefits of electrification has been published by the Railway Industry Association. Rail Electrification: The Facts says: over the life of a train an electric railway is the cheapest to operate, even factoring in electrification construction costs; electric trains ...
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Rail Business UK
RIA believes Trans-Pacific Partnership could be positive for rail exporters
UK: The UK joining the Comprehensive & Progressive Agreement for Trans-Pacific Partnership could be positive news for railway suppliers, according to the Railway Industry Association. On March 31 the government announced that agreement had been reached for the UK to join the CPTPP later this year. ...
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Rail Business UK
Eight recommendations to improve UK rail exports
UK: The Railway Industry Association has submitted a series of recommendations to the International Trade Select Committee setting out how it believes the government can grow rail exports. The committee is holding an inquiry examining the current situation for exporters, the government support offered, and how ...
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Rail Business UK
Rail sector disappointed at lack of clarity in Spring Budget
UK: Deeper devolution deals for Greater Manchester and the West Midlands and confirmation that the route for the Bedford – Cambridge section of East West Rail will be announced during May were included in the Spring Budget presented by Chancellor Jeremy Hunt on March 15, but ...
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Rail Business UK
RIA calls on government to accelerate plans to decarbonise rail
UK: The Railway Industry Association has launched a RailDecarb23 campaign urging the government to take three steps to accelerate plans to decarbonise rail and reach Net Zero by 2050. These are to: immediately implement a rolling programme of cost-effective electrification on intensively-used lines; ramp-up orders ...
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Rail Business UK
RIA announces 2023 Unlocking Innovation programme
UK: The Railway Industry Association has announced its Unlocking Innovation event programme for 2023. The programme is supported by Network Rail and the UK Rail Research & Innovation Network. It starts with an Unlocking Innovation — Rail Freight event in Doncaster on February 22. This will ...
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Rail Business UK
Electrification priorities in northern England
UK: The Railway Industry Association North has published Greener, Faster, Better, setting out which routes in northern England should be prioritised for electrification and where battery or hydrogen could be appropriate. This was one of the key recommendations of RIA North’s previous Building the North’s New ...
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Rail Business UK
Government is committed to supporting rail exports, UK suppliers told at InnoTrans
UK: More than 120 British suppliers are present at the world’s largest rail industry trade fair, which is being held in Berlin this week.
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Rail Business UK
RIA urges incoming Prime Minister to adopt six-point rail plan
UK: The Railway Industry Association has set out six key priorities for the future of rail following confirmation on September 5 that Liz Truss is to succeed Boris Johnson as Conservative Party leader and Prime Minister.
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Rail Business UK
Don’t base future plans on the pandemic, says RIA
UK: The Railway Industry Association has called on the Treasury and policymakers not to base 30-year rail programmes and ridership forecasts on the period of the pandemic, but instead to plan ’increased investment for the growth in capacity we are going to need in the years ...