January 1 - Rail Management Corporation takes over operations of the Atlanta and St. Andrews Bay Railroad.
January 1 - Railroad Services, Inc. takes over operations of the now 5 year old Abbeville-Grimes Railway, renaming it to A&G Railroad.
January 1 - Deutsche Reichsbahn and Deutsche Bundesbahn are merged to form Deutsche Bahn AG.
January 9 - The Chicago Transit Authority closes its Green Line rail service on the West and South Sides of Chicago for a massive $400 million, 2½ year rehabilitation and modernization program.
April 1 - Management of the British Rail infrastructure is taken over by Railtrack.
May 6 - The Channel Tunnel linking England and France officially opens.
June 25 - Vandals place concrete blocks on a railway line at Greenock, Scotland, causing the Greenock rail crash. The train driver is killed along with one passenger.
July 3 - Gare de Satolas (designed by Santiago Calatrava) opens at Lyon on LGV Rhône-Alpes.
July 15 - JR Kansai Airport Line and Nankai Airport Line open, for the access route of Kansai International Airport, before their formal opening on September 4.
August 3 - Amtrak's Lake Shore Limited passenger train derails near Batavia, New York, while traveling at 75 mph (120.7 km/h), injuring 125 of the train's passengers and crew members.
August 8 - Astram Line open between Hondori and Koiki-koen-mae in new transit system of Hiroshima, Japan.
August 22 - Indian Railways orders the first WDC-2 locomotives.
August 26 - The Dominion Atlantic Railway operates its last train, just a month short of its centenary.
September 22 - New York City's Metropolitan Transportation Authority begins construction on the 63rd Street Connector which connects the 63rd Street Tunnel to the Queens Boulevard Line.
September 30 - The last trains run on the London Underground's Holborn to Aldwych shuttle branch (Piccadilly line) and Epping to Ongar via North Weald shuttle branch (Central line).
October 7 – The Regional Transportation District in Denver, Colorado opens the first line of its light rail system.
October 13 – Inauguration of Eurostar service between Brussels and London by King Albert II and Queen Paola of Belgium.
November 14 - First commercial Eurostar services Brussels<>London and Paris<>London.
November 30 - Alaska Railroad, which lacks a direct rail connection with the rest of the North American rail network, brings a 700 foot (213 m) long railgrinder to Alaska by ship at a cost of $1.2 million to service the company's tracks.
December 3 - In Japan, Chizu Express, Chizu and Kamigori route open, with Kyoto to Tottori of direct Super Hakuto Express train to start.
December 13 - The Interstate Commerce Commission grants Union Pacific Railroad authority to exercise management control over the Chicago and North Western Railway.
December 16 - Last run of Via Rail Atlantic Limited passenger service through Maine between Montreal and the Maritimes.
December 31 - Burlington Northern Railroad operates the last freight train on the former Oregon Electric Railway mainline in Portland, Oregon; the mainline is to become part of the new TriMet light rail system.
Amtrak's new EMD F59PHI diesel locomotives enter service.
Southern Pacific Railroad single-tracks the Donner Pass mainline.
Norfolk Southern ends railroad-sponsored steam excursions.
Towards the end of the year, regular use of steam locomotives on the Janakpur Railway, Nepal, is abandoned following the transfer of 2 ft 6 in (762 mm) narrow gauge diesel locomotives from Indian Railways.
The Southern Fuegian Railway (500 mm (19 3⁄4 in) gauge) reopens as a tourist operation in Argentina.
May 14 - W. Graham Claytor Jr., president of Amtrak 1982–1993 (b. 1912).
September 21 - O. S. Nock, English railway author and signalling engineer (b. 1905).
1994 in rail transport Wikipedia
This article lists events related to rail transport that occurred in 1994.