High demand for passenger rail service continues to outpace investment, according to Amtrak, which has resulted in a backlog of $38 billion of deferred capital investments.
Argentina's ministry for transport has launched an international tender for a fleet of 1,500 vehicles - the largest acquisition of rolling stock in the history of the Buenos Aires commuter network.
A new rail corridor linking Azerbaijan to Turkey via Georgia is set to launch in September, establishing a new freight link between Europe and China.
After months of speculation, a much anticipated deal in the European rail industry has been announced.
The news comes after Edinburgh city council approved the outline business case for the extension of the city's tram network to the coastal district of Newhaven.