This article lists events related to rail transport that occurred in 1992.
Events
January events
January 1 – After Estonia regained its independence, the national railway company Eesti Raudtee is established.
March events
March 3 – The Podsosenka train disaster near Nelidovo, Tver Oblast in Russia kills 43.
April events
April 1 – Opening of the Keisei Chihara Line from Keisei Chiba Station to Ōmoridai Station.
April 3 – The Goderich Exeter Railway begins operations in Ontario, Canada.
April 3 – The new light rail system in Baltimore, Maryland, USA, opens for service on a very limited basis, running only on days with baseball games at a new Camden Yards stadium station it serves, and only for a period of about 2 hours before and after each game (see May 17).
April 6 – The first section of Manchester Metrolink, in Manchester, England, opens.
April 14 - The Madrid-Seville AVE line opens
May events
May 12 – Republika Srpska Railways formally established.
May 17 – Regular service begins on the new Baltimore Light Rail system (see April 3).
July events
July 1 – JR East introduces the Yamagata Shinkansen, the first mini-shinkansen service, on the Ōu Main Line connecting Fukushima and Yamagata.
August events
August 27 – The 3200-series rapid transit cars (3201–3457), built by Morrison-Knudsen of Hornell, New York, are placed in service on the Chicago "L" system, retiring the last of the old 6000-series cars from the 1950s. The 3200-series cars are operated on the Ravenswood Line, and eventually, the upcoming Midway Airport Line the following year.
October events
October 26 – Southern California's Metrolink opens.
October – Public rail transport in Jamaica ceases operation.
December events
December 20 – Western Australian Premier Carmen Lawrence opens three stations on the new Joondalup line, an extension to the Transperth rail network.
December 23 – Nuevo Central Argentino is granted a concession to operate freight trains over former Ferrocarriles Argentinos tracks in and around Buenos Aires.
Unknown date events
General Motors Electro-Motive Division introduces the EMD SD70.
Paul Tellier is appointed to the presidency of Canadian National.
Wisconsin & Calumet Railroad is acquired by the Wisconsin & Southern Railroad
Amtrak commissions three prototype RoadRailers for testing behind regular revenue passenger trains.
South African Railways ceases use of steam locomotives (other than Outeniqua Choo Tjoe tourist operation).
Indian Railways introduces 'women only' trains on Mumbai Western and Central suburban lines
Voralpen Express in Switzerland given this name.
Buses replace streetcars along the Girard Avenue Line in Philadelphia – rail service would not be restored for thirteen years.
Accidents
Deaths
October deaths
October 19 – H. Reid, prominent railroad photographer and historian (b. 1925).