The Metro Consortium, which includes Admiral insurance, British Gas and Cardiff Business School, says the transport system is an opportunity to rethink the role of towns and communities across the Valleys.
The report's author, Mark Barry, said the metro would simply connect connect the region, and "give the region the opportunity to be more economically effective."
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There are calls for dog owners to do more to control their animals after a spate of attacks on dogs in Port Talbot.
Cloudy with rain continuing, mainly affecting western-facing hills.
The last surviving members of the north Wales branch of the Normany Veterans Association held their last formal meeting today.