All Business articles – Page 4

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    Urban news

    Contactless payment guidance published


    USA: Cross-industry body the US Payments Forum has published guidance developed by its Transit Contactless Open Payments Working Committee which is designed to assist transport agencies with the implementation of EMV contactless open payments. Transit Contactless Open Payments: Technical Solution for Pay As You Go is the second use ...

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    RATP opens Singapore office


    SINGAPORE: RATP Group has opened an office in Singapore that will serve as its headquarters for the Asia-Pacific region. Shaun Tan heads the RATP Dev Asia Pacific subsidiary. RATP Group said that it intends build strong co-operation with Singapore’s public transport authorities and operators through partnerships. ‘Throughout its ...

  • Veolia has signed a draft agreement to sell its 30% stake in Transdev to Rethmann Group, which owns Rhenus Veniro.

    Veolia to sell Transdev stake to Rethmann Group


    TRANSDEV: Veolia has signed a draft agreement to sell its 30% stake in transport group Transdev to German family-owned water, recycling, logistics and public transport business Rethmann Group for €340m. The deal announced on October 2 is subject to regulatory approval, which is expected by the end of the ...

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    CAF completes Solaris acquisition


    CAF: Spanish group CAF completed its acquisition of 100% of the shares of Polish company Solaris Bus & Coach on September 4. CAF has also entered into an agreement for Poland’s PFR investment fund to acquire a 35% stake in Solaris on the same terms and conditions. 'CAF’s investment in ...

  • CZ Loko has built two MUV 74 M-S track maintenance vehicles for use on the Sofia metro.
    Urban news

    Sofia metro takes delivery of maintenance machines


    BULGARIA: Czech manufacturer CZ Loko has built two MUV 74 M-S track maintenance vehicles for use on the Sofia metro. One vehicle is equipped with a work platform for access to the overhead electrification equipment. The other has a hydraulic arm and snow plough for use on the surface sections ...

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    Urban news

    Toyota and Uber to develop autonomous cars


    AUTONOMOUS CARS: Toyota Motor Corp announced on August 28 that it is investing US$500m in Uber Technologies, and the two companies had agreed to work together on ride-sharing using autonomous cars. Under the agreement, both companies will use their technologies in purpose-built Toyota vehicles that would be deployed on ...

  • Photo: Anatoly Khozyainov

    Stadler applies to build St Petersburg tram factory


    RUSSIA: Stadler has applied to the St Petersburg authorities to build a tram assembly plant in the city. The Swiss company has proposed an offset contract with the municipality under which the manufacturer would pay to build the factory in return for the city guaranteeing to buy a set ...

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    Urban news

    Electronic ticketing for smaller operators


    CUBIC: Cubic Transportation Systems has invested in Delerrok, which provides cloud-hosted electronic ticketing technology for small to mid-sized transport agencies. This will enable Cubic to offer Delerrok’s TouchPass Fare system in combination with its Transit Management as a Service platform. Announcing the investment and alliance agreement on August 7, Cubic ...

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    Urban news

    USA seeks restrictions on Chinese suppliers


    USA: The Senate has formally adopted measures which would see a one-year ban on any procurement from Chinese state-owned companies using Federal Transit Administration funding. The ban is part of an amendment to a much larger package, which in turn forms part of the annual Transportation Appropriations for the ...

  • Bombardier Transportation and Hitachi  have challenged Transport for London’s selection of Siemens as preferred bidder to supply new trainsets for London Underground’s Piccadilly Line.

    Legal challenge to Siemens’ London Underground train contract win


    UK: A legal challenge to Transport for London’s selection of Siemens as preferred bidder to supply new trainsets for London Underground’s Piccadilly Line was confirmed by Bombardier Transportation and Hitachi on July 23. ‘Hitachi Rail and Bombardier Transportation confirm that they have issued claims in the High Court against London ...

  • Photos: Vladimir Waldin

    PK TS presents Lionet tram


    RUSSIA: PK Transportnye Systemy presented its newest tram model at its St Petersburg factory on July 20. The single-section 100% low-floor Lionet left the workshop driven by a traction battery along a short section of catenary-free track. Designated 71-911M, the Lionet is a development of the City Star model. ...

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    Urban news

    Electric bus leasing programme launched


    USA: A joint venture of electric bus manufacturer BYD Motors and infrastructure financier Generate Capital has launched a $200m electric bus leasing programme. The aim is to help public- and private-sector clients accelerate the adoption of battery electric buses. Generate Capital notes that while electric buses are cheaper over ...

  • Uraltransmash Holdings unveiled two prototype trams at the Innoprom-2018 industrial exhibition.

    UTM unveils two prototype trams


    RUSSIA: Uraltransmash Holdings unveiled two prototype trams at the Innoprom-2018 industrial exhibition held in its home city of Yekaterinburg on July 9-12. The Type 71-415 is a fully-low floor vehicle designed in-house by UTM as the basis for a planned family of two, three and four-section vehicles. The single section ...

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    Urban news

    HQ Equita acquires transport technology companies and expects market growth


    INTERNATIONAL: German investment group HQ Equita has signed an agreement to acquire a majority stake in public transport communication, security and monitoring technology supplier r2p from Swedish investor Alder Fund I. Announcing the deal on July 9, HQ Equita said it would simultaneously acquire Australian passenger information system company Open ...

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    CAF signs agreement to acquire Solaris


    INDUSTRY: Spanish rolling stock and signalling supplier CAF signed an agreement to negotiate the purchase of 100% of the shares in Polish bus and tram manufacturer Solaris Bus & Coach on July 2. The enterprise value of Solaris is estimated to be slightly above €300m, with the final amount ...

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    Urban news

    Italian state railway launches multimodal app


    ITALY: State railway FS Italiane launched a nationwide multimodal transport planning app on June 22. Nugo is available for Apple and Android devices. It enables users to plan a door-to-door journey throughout the country and buy one ticket to cover all the required modes. Initially 50 transport companies are ...

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    Tehran metro car order derailed


    IRAN: A deal for Stadler Rail to supply rolling stock for two of the country’s metro networks is expected to collapse as a result of US President Donald Trump’s decision to pull out of the 2015 nuclear limitation agreement and reimpose sanctions. At the end of February, the official Iranian ...

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    Reform of Swiss public transport takes shape


    SWITZERLAND: Plans are being drawn up for a reorganisation of the way regional public transport services are procured in a bid to ensure that they remain efficient and sustainable in the long term. Proposals for reform were discussed at a meeting in early May between the Federal Office for Transport ...

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    MTR to bring rail and property development model to Europe


    EUROPE: Hong Kong’s MTR Corp has appointed chartered surveyor John Robinson as Head of Property for its European Business, with the aim of bringing to Europe the Rail+Property development model which it has successfully used in China. Property developments at 39 stations in Hong Kong provide 100 000 residential ...

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    Urban news

    Transport for London awards long-term drone inspection licence


    UK: Transport for London has granted approval for Lanes Rail to use drones to carry out of asset surveys. This is the first long-term drone licence that TfL has awarded, and comes after a 12-month testing and approval process. In addition to having a Civil Aviation Authority UAV licence, ...