All Business articles – Page 3

  • Proterra manufactures battery electric buses.
    Urban news

    Battery leasing credit line set up

    2019-04-16T13:55:33Z

    USA: Proterra is working with Mitsui & Co to establish a US$200m credit facility to support a battery leasing programme, the electric bus manufacturer announced on April 16. Under the programme, a customer that purchases a Proterra bus can lease the batteries over the 12-year life-cycle of the vehicle. ...

  • Based in Aachen, EBS Ebus Solutions aims to develop rostering tools tailored to the needs of electric bus fleets.
    Urban news

    Electric bus planning joint venture formed

    2019-04-15T12:20:14Z

    BUSES: Transport software company IVU Traffic Technologies and Aachen-based consultancy Ebusplan have formed a joint venture to develop software and components for battery electric buses. Based in Aachen, EBS Ebus Solutions aims to develop rostering tools tailored to the needs of electric bus fleets. The joint venture partners expect ...

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    News

    Hochbahn divests BeNEX stake ahead of direct award

    2019-04-01T15:16:48Z

    GERMANY: Infrastructure investment group International Public Partnerships Ltd is to acquire its joint venture partner Hamburger Hochbahn AG’s 51% stake in rail and bus operator BeNEX GmbH. The signing of the purchase agreement was announced on April 1. The transaction is expected to be completed by July at the latest, ...

  • Transport for London has completed a sale and leaseback deal for the Class 345 EMUs which Bombardier Transportation is delivering for Elizabeth Line services.
    News

    Crossrail fleet sale and leaseback deal completed

    2019-03-22T09:57:04Z

    UK: Transport for London has completed a sale and leaseback deal for the Class 345 electric multiple-units which Bombardier Transportation is delivering for Elizabeth Line services. The EMUs have been bought by the 345 Rail Leasing consortium of Equitix Investment Management Ltd, NatWest and SMBC Leasing. TfL said the ...

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    Urban news

    Transport for London joins the London Connectory

    2019-03-15T12:00:00Z

    UK: Transport for London has started an 18-month collaboration with Bosch Connected Mobility Solutions to develop ‘smart mobility’ projects. The collaboration forms part of the newly created London Connectory, established by Bosch and Nitrous. This aims to bring together public-sector, private-sector and academic partners. TfL hopes to use this ...

  • Daimler Buses said public transport was undergoing a ‘radical transformation’.
    Urban news

    Strategic partnership to develop integrated transport IT

    2019-03-08T06:00:00Z

    GERMANY: Daimler Buses has announced a strategic partnership with technology company IVU Traffic Technologies to develop ‘integrated mobility solutions for the public transport of tomorrow’. As part of this, Daimler Buses has acquired a 5·25% stake in Berlin-based IVU from the Gerlind & Ernst Denert-Stiftung foundation established by IVU’s previous ...

  • Hübner has a major order to supply gangways for New York City Subway trains.
    Urban news

    Elastomer factory to serve US rail and bus markets

    2019-03-07T13:20:42Z

    USA: Having secured a major order to supply the gangways for new New York City Subway trains, Hübner has announced plans to build a elastomer product factory at Dunlap in Tennessee by 2020. This is to produce moulded parts, silicone seals and sensor-equipped rubber profiles for the US rail and ...

  • Volvo Group company Nova Bus has officially opened a development centre close to its factory at Saint-Eustache in Québec, where it will undertake R&D to support the increased use of electric power for sustainable bus operation.
    Urban news

    R&D centre to develop sustainable buses for smart connected cities

    2019-03-05T11:40:06Z

    CANADA: Volvo Group company Nova Bus has officially opened a development centre close to its factory at Saint-Eustache in Québec, where it will undertake R&D to support the increased use of electric power for sustainable bus operation. ‘Technologies and processes evolve at a very high rate’, said Nova Bus Vice-President ...

  • Lille's light rail and VAL metro networks link the city with surrounding towns in the conurbation including Roubaix and Tourcoing.
    News

    Rail fare integration and ride-sharing at heart of Lille transport relaunch

    2019-01-23T10:52:00Z

    FRANCE: Suburban rail fare integration is among the measures being introduced under a comprehensive reorganisation of the public transport network around Lille to be implemented on January 28. According to the municipality, seven TER suburban rail routes operated by SNCF Mobilités will be integrated into the fare structure already used ...

  • Rethmann Group has completed the acquisition of a 34% stake in public transport operating group Transdev.
    News

    Veolia out of transport as Rethmann acquires Transdev stake

    2019-01-11T07:00:00Z

    FRANCE: German family-owned transport, food and waste company Rethmann Group has completed the acquisition of a 34% stake in public transport operating group Transdev. The announcement on January 9 follows German, Austrian and Australian regulatory approval for the deal which had been announced on October 2. Rethmann has paid ...

  • Bay Area Rapid Transit has worked with HaCon to develop BART Trip Planner web, iOS and Android apps for multimodal door-to-door journey planning in the San Francisco Bay Area.
    Urban news

    BART launches end-to-end journey planner for the San Francisco area

    2019-01-09T13:50:40Z

    USA: Bay Area Rapid Transit has worked with HaCon to develop BART Trip Planner web, iOS and Android apps for multimodal door-to-door journey planning in the San Francisco Bay Area. Siemens-owned technology company HaCon said it was a ‘major upgrade’ from the previous system, which was solely based on the ...

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    Urban news

    Paris regional smart ticketing contract awarded

    2018-12-21T06:00:00Z

    FRANCE: Paris regional transport authority Île-de-France Mobilités has selected a consortium of payment technology company Worldline and digital platform supplier Conduent to implement its Smart Navigo ticketing programme. The authority aims to begin rolling out new ticketing products from 2019, gradually replacing paper tickets with contactless technology. It will become ...

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    News

    Riyadh metro naming rights partners chosen

    2018-12-05T15:00:00Z

    SAUDI ARABIA: Riyadh Development Authority has selected partners for the naming rights to eight of the 85 stations on the city’s future metro network. The 10-year contracts are worth a total of 1·05bn riyals, which is to be reinvested into metro operations. The sponsors are: The Saudi British Bank; ...

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    Urban news

    Integrating driverless road shuttles into public transport

    2018-12-05T14:00:00Z

    INTERNATIONAL: Bestmile and Init announced on November 28 that they will work together to develop technologies to enable the incorporation of driverless road vehicles into public transport operations. Focusing on autonomous vehicles for first and last-mile services connecting to transport hubs, the companies aim to integrate their respective back-end ...

  • The greater Nancy metropolitan council has selected Keolis as the winner of a contract to operate its Star urban transport network.
    News

    Keolis wins Nancy public transport operating contract

    2018-11-27T11:10:19Z

    FRANCE: The greater Nancy metropolitan council has selected Keolis as the winner of a contract to operate its Star urban transport network for six years from January 1 2019. Keolis said the contract covering bus, electric shuttle, transport on demand, transport for passengers with reduced mobility and park-and-ride facilities across ...

  • A consortium of Stadler and Solaris signed a contract earlier this year to supply up to 50 trams to Kraków.
    News

    Stadler becomes sole owner of Solaris Tram

    2018-11-20T14:51:31Z

    POLAND: Stadler has become the sole owner of Solaris Tram after buying 40% of the joint venture from CAF, the Swiss company announced on November 19. Solaris Tram came into being on April 1 2017 as a joint venture of Solaris Bus & Coach and Stadler. The following year ...

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    Urban news

    Autonomous vehicle research centre to be set up in Singapore

    2018-11-16T11:55:31Z

    SINGAPORE: Continental and EasyMile have signed a memorandum of understanding to form a research and development team based in Singapore to work on autonomous vehicles. The team’s work would focus on developing perception and deep learning technology, with the eventual aim of testing an autonomous vehicle in the city. ...

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    Urban news

    Automating payments for concessionary journeys

    2018-10-22T06:00:00Z

    UK: Fujitsu subsidiary Applied Card Technologies has launched an automated service designed to streamline the process of reimbursing transport operators for journeys made using transport authorities’ concessionary travel schemes. ACT said more than 12 million people in the UK receive free travel under government-funded concessionary travel schemes, with the transport ...

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    Urban news

    Bentley Systems acquires pedestrian simulation company

    2018-10-18T14:41:44Z

    LEGION: Bentley Systems has acquired London-based Legion, which develops software to model the interaction of pedestrians with each other and physical obstacles in spaces such as stations, streets, airports and sports arenas. Legion tools can be used with Bentley’s recently-announced OpenBuildings Station Designer software to model station users’ activities and ...

  • Siemens Mobility has made a 'substantial' investment in Padam, which provides white-label software-as-a-service for managing on-demand transport operations.
    Urban news

    Siemens Mobility invests in on-demand transport software company

    2018-10-18T10:22:00Z

    PADAM: Siemens Mobility has made a 'substantial' investment in Padam, which provides white-label software-as-a-service for managing on-demand transport operations. Terms were not disclosed, and Padam will remain an independent and founder-led business. 'The investment in Padam represents our commitment to offering digital solutions that increase access to transportation information ...